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Online Identity Verification for Financial Services
The banking industry has the highest rate of fraud of any industry. The expenses are in the trillions of dollars, and they're only going to become worse. Due to pandemic, keeping in view about the health security, the biometric is the need of the hour. To tackle this problem, multifactor biometric authentication and e-KYC are becoming increasingly important. 
This is to simplify and speed up the verification of identity process of the customers. The customers need not to be in long queues and wait for their turn. By sitting at home, they can avail services without going to the headquarters. With the increase the number of people who open accounts, the multi-factor authentication is the viable solution for prevention of impersonation and identity theft.
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The current global pandemic is changing the whole dynamics of the Fintech world by making the lending and card issuing process totally digital.
Try Biocube's KYC solution to completely automate customer verification and onboarding. Biocube Technologies - Digital KYC & Onboarding Solutions
Visit Us: www.biocube.aiEmail: [email protected]
  #BiocubeTechnologies #DigitalOnboarding #KYC #eKYC #Biocube #Identitymanagement #lending #banks #Insurance #finance #fintech
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