Strong Customer Authentication Solutions

  KYC authentication becoming commonplace these days, you may be wondering if it is something that you can implement in your business. The Know Your Client (KYC) is a process to verify the identity and other credentials of a financial services user. It is a regulatory process of ascertaining the identity and other information of a financial services user. The Know Your Client (KYC) process is very important because it helps against money laundering and prevents the financing of terrorist activities. It is a mandatory process that is required by many countries to ensure that the customers are actually who they are claiming to be. It is very helpful especially in digital onboarding in banking . To be mandated by the law, the Know Your Client (KYC) process also helps the financial institutions in several ways. It helps lenders perform risk assessment by identifying the previous financial history and assets owned, limits fraud that result mainly due to hiding of identity and prevents ...

  KYC authentication has become very common these days. It is one of the preferred technologies especially by financial institutions. In full, KYC stands for Know Your Customer. The KYC process has become a vital part of getting important services these days, such as getting a gas or LPG line or even buying an insurance policy. So, what exactly is KYC? The main aim of this technology is to verify the identity of clients and additionally examine the probabilities of any illegal wrongdoings.  Another reason why almost all major companies and organizations are carrying out KYC is to ensure their distributors, consultants, and agents are bribery-free and are not involved in any unlawful activities. In other words, this technology ensures that the information provided is real and authentic. KYC is very common in digital onboarding in banking . Even though the KYC process has received mixed reactions, there is no denying the fact it has several benefits. One of the things that you ...

  Implementing digital signature API in your business can benefit you in many different ways. Also known as eSignatures, digital signatures have become popular and various industries are taking advantage of this technology to enhance their business processes. When you embrace digital signature technology in your business, it can help you optimize your workflow and management processes. A digital signature API will enable you to collect signatures for agreements, deals, as well as contracts or legal documents directly on your website or product. You can integrate a secure, trusted eSignature API so as to sign documents, request eSignatures, automate the forms and data, and also speed up the signing process. With this technology, it is also possible to perform multi-factor authentication, and also download the sealed documents while also tracking the status of the docs in real-time, right from a website or your app. So, why exactly do you need to implement digital signature API in y...

  With the biometric digital signature technology slowly but surely gaining popularity, you may be wondering whether to use it in your business. These signatures holds maximum authenticity as compared to the other types of signatures because the wet signatures can be imitated easily but biometric signature verification becomes superior and leaves no room for imitation. So, what exactly is a biometric digital signature? Biometric signature simply refers to analyzing and recording people’s physical characteristics. These characteristics are encrypted, stored securely and then embedded in the signed document. The biometric data is unique to every individual and therefore is used for identifying an individual and link a particular document or data to him. Biometric digital signatures verify the unique pattern of bodily features, like the retina, fingerprint, iris, or voice, embedded to identity and helps in using it for recognition as well as verification purposes. These signatures ar...

  KYC authentication has become a vital part of getting important services these days, like getting a gas or LPG line or even buying an insurance policy. The main aim of conducting KYC is to verify the identity of clients and examine the probabilities of any illegal wrongdoings. Another reason why almost all major companies and organizations are carrying out KYC is to ensure their distributors, consultants, and agents are bribery-free and are not involved in any unlawful activities. In simple terms, KYC can be understood as an algorithmic and automated verification method that can be leveraged by financial and non-banking financial institutions to accurately verify the identity of a customer. In full, KYC stands for Know Your Client and Know Your Customer, and today more than 80 countries across the world have standing instructions on how as well as why KYC procedures should be leveraged to verify the identity of a customer. The idea behind KYC as a computer driven technology is q...