Tagged: customer verification

State Bank of India (UK) Limited Streamlines Onboarding with AI-powered ID Verification from Onfido

September 17, 2023 @ 11:14 am By Omar Faridi |

State Bank of India (SBI), India’s largest bank, announced reduced customer verification time from 24 hours to just minutes in a partnership with Onfido, the global provider of automated identity verification and authentication solutions. SBI (UK) Ltd, the subsidiary of SBI in the UK, is… Read More

Read more in: Global, Asia, Regtech & Legaltech | Tagged authentication, automation, banking, customer verification, digital identity, id verification, identity verification, india, onfido, regtech, sbi, state bank of india

Hungarian Firm PeasyPay Launches Biometric Digital Payment System that Uses Facial, Palm Recognition to Verify Users

September 11, 2020 @ 7:51 am By Omar Faridi |

Hungarian firm PeasyPay has launched a biometric digital payment system that uses facial and palm recognition to verify customers’ IDs and settle transactions. The Fintech company stated that it will be introducing its biometrics-enabled point-of-sale payments technology in Spain and the UK. Consumers can download… Read More

Read more in: Fintech, Global | Tagged android, biometric, biometrics, budapest, customer verification, digital identity, eit digital, europe, Facial Recognition, gdpr, hungary, id verification, iOS, online ids, spain, uk, united kingdom