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Capital Float On The Path To Video-Based KYC Implementation

PYMNTS

9 when the Reserve Bank of India (RBI) officially recognized the video-based customer identification process (V-CIP) as a legitimate, acceptable form of customer identification as part of the government’s effort to drive digitization. Capital Float had provided 500,000 clients with $1.2 The Roadmap To Adopting Video-Based KYC.

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Capital Is the ‘Least Important’ Part of VC Rounds [Video]

Bank Innovation

Raising capital is a crucial step for any startup trying to build its way up the fintech ladder. However, when it comes to VC funding, the actual capital is the “least important part of the transaction,” according to Bruce Wallace, chief digital officer at Silicon Valley Bank. “I

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Report: Digital ID and Video-Based KYC Help Lenders Onboard SMBs

PYMNTS

Video-based know your customer (KYC) processes are particularly promising in this regard. The latest Digital Identity Tracker® examines KYC regulatory requirements FIs face as well as how video-based KYC can ease onboarding for all parties. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

Video 211
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Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank

PYMNTS

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. The world needs a FinTech operating system.”.

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SMB Financing Fuels Week Of B2B Venture Capital

PYMNTS

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The trend is not entirely unexpected and can be attributed to the pandemic, with FinTech funding dropping by 37 percent quarter-over-quarter to $6.1 Xtracap Fintech.

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Today In Payments: Stimulus, Vaccine Key To Full Recovery By End Of 2021; Chinese Watchdog Warns More Big Tech Rules Looming

PYMNTS

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky for customers and the banks that serve them.”. Report: Digital ID and Video-Based KYC Help Lenders Onboard SMBs.

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Today In Payments: Cross-Border Payments Network Thunes Raises $60M; Klarna Debuts Social Shopping In UK

PYMNTS

Thunes, the FinTech startup that operates a global cross-border payments network for emerging economies, announced on Tuesday (Sept. The maker of Fortnite has asked a California judge for the second time to reinstate its popular video game to Apple Inc.’s B2B Cross-Border Payments Network Thunes Raises $60M.

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