eKYCBridges the gap between financial institutions and clients
What is eKYC?
The eKYC service enables financial institutions to electronically authenticate customer identity and retrieve KYC data for both individual and corporate clients, in a secure and transparent manner.
BENEFIT would facilitate the member’s inquiries of their customer’s KYC information through various authentication and retrieval processes. The processes include highly secured consent by the customer via biometric fingerprint, e-key, or written/electronic consent.
This service will allow members to view, verify, and store personal records for safety and security reasons. The service could be distributed to other sectors such as insurance institutes, exchange companies, and others in the future.
The main advantages and benefits of introducing the service to the financial sector are: