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

PYMNTS

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Video-based know your customer (KYC) processes are particularly promising in this regard.

Video 211
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Video-Based KYC Fixes Its Gaze On Fraudsters

PYMNTS

“Invisible” is the operative word here, as the tsunami of remote onboarding triggered by COVID lockdowns has given fraudsters yet more cover to add to their anonymity. Battling remote onboarding fakery may be the face of this initiative, but video-based KYC as part of a robust identity verification strategy covers a good deal more than that.

Video 204
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Capital Float On The Path To Video-Based KYC Implementation

PYMNTS

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. V-CIP’s biggest advantage is the elimination of risks associated with secure transmission and storage of documents. The Roadmap To Adopting Video-Based KYC.

Video 175
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Deep Dive: How Banks Use Digital Technologies To Outlast The Coronavirus

PYMNTS

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Shifting In-Branch Operations. Digital Technologies Under COVID-19. British FI Nationwide U.K. British FI Nationwide U.K.

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P2P Security Issues Plague Millions Of IoT Devices

PYMNTS

A P2P (peer-to-peer) technology ingrained in millions of IoT ( Internet of Things ) devices, including security cameras, smart doorbells, baby monitors and video recorders, has many security flaws that allow them to be compromised easily, exposing users to dangers from eavesdropping, credential theft and takeovers from remote locations.

Security 187
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Cisco and Theta Lake: Ensuring Compliance and Security for Cisco Webex

Cisco

Throughout 2021, Cisco Financial Services will continue to examine how ‘Connect, Secure, and Automate’ – our strategy for helping customers accelerate their digital agility – enables financial institutions to deliver digital-first customer engagements that capitalize on a hybrid work operating model.

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Top 10 Announcements from Microsoft Ignite Day 1 #MSignite

Perficient

Azure Mixed Reality services includes object anchors, new Azure Kinect SDK for partners including Time of Flight depth technology. New D365 Supply chain management tool with real-time inventory, voice channel and project operations. Stream video sharing integrated with new intelligent storage in SharePoint.

Analytics 593