Philip Chethalan Marketing Manager at Subex
Introduction to Fintech as a Service (FaaS) Fintech as a Service (FaaS) is a business model that enables companies to outsource financial technology (fintech) services to a third-party provider. This model provides companies with a more flexible and cost-effective way to access fintech services and improve their financial operations. Let's explore...
01 February 2023 /security /wealth Financial Transformation
APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law to comply with AML and KYC. When such firms authenticate their consumers, APIs may provide a faster, simpler, and less expensive way to comply while ...
30 January 2023 /security /identity Banking Strategy, Digital and Transformation
Aadhaar OKYC transactions jumped 22% in Nov; Aadhaar Verification transactions grew 11% 28.75 Cr eKYC transactions conducted using Aadhaar in Nov Indian Residents’ use of Aadhaar is continuing to advance across the nation. Aadhaar was used to complete 28.75 crore eKYC transactions in November alone, a 22% increase from the prior month. By the end o...
30 January 2023 /security /identity Banking and Lending Solutions
Introduction to Digital Customer Onboarding with Identity Verification for Neo Banking In the world of finance, digital onboarding is becoming increasingly important for neo banks. Neo banking refers to a new generation of digital-only banks that offer a wide range of financial services through mobile apps and online platforms. These banks are typ...
30 January 2023 /regulation /identity Digital Banking Trends
13 December 2022 /identity /crime Biometrics
Employee Onboarding effectiveness defines whether your employee will be engaged or disengaged at work, depending on the impression created on them. Poorly managed onboarding can lead to abandonment, especially for youngsters. According to an SHRM article: 69% of employees stay longer with good onboarding A structured onboarding program will make 5...
13 December 2022 /security Biometrics
MSB services have come to the rescue of many, who can’t access banks immediately and want to transfer money or carry out trade exchanges. So, it surely provides time and place convenience. We all know MSB services include cash acceptance for a transaction or currency exchange, global remittance services, check cashing outlets, and facilitating paym...
30 November 2022 /security /crime Online Banking
25 November 2022 /people /identity Information Security
Identity fraud is the unauthorised use of a person’s personal information by another person to commit a crime or deceive or defraud that person or a third party in order to take advantage of the pleasures that come with that synthetic identity. The majority of identity fraud is performed for financial gains, such as gaining access to a victim’s cre...
18 November 2022 /identity /crime Biometrics
In February 2021, the Reserve Bank of India published a paper detailing Digital Payment Security Controls (DPSC). The paper was developed to aid Indian financial organisations in protecting digital channels and offering commodities to clients with Identity Verification solutions. Global financial services corporations are caught between the govern...
04 November 2022 /identity /markets
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