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Westpac to offer smartphone-based identity verification group-wide


By
Ry Crozier
on Apr 6, 2021 6:55AM
Following a successful trial with its St.George Bank brand.
Westpac is in the process of making smartphone-based identity verification an option for customers of all its banking brands, following a successful trial with St.George Bank.
The group is using digital identity verification technology from Sydney-headquartered OCR Labs, which captures images of a physical identity document and then still images and video of the person, and matches them.
Such technology is increasingly being used in the financial services sector worldwide to verify the identity of people remotely, meaning they no longer need to attend a branch or other physical space to perform a 100-point identity check. ....

Tim Whiteley , Westpac Group , St George Bank , Tnews Benchmark Award , George Bank , Home Loan , நேரம் வைட்லி , வெஸ்ட்பேக் குழு , ஸ்டம்ப் ஜார்ஜ் வங்கி , ஜார்ஜ் வங்கி , வீடு கடன் ,

Bank loan scrutiny on living expenses creates headache for borrowers


Bank loan scrutiny on living expenses creates headache for borrowers
TueTuesday 6
Application processes for loans now involve more in-depth consideration of living expenses.
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Borrowers are experiencing more scrutiny from banks when they apply for loans. 
While it is leading to frustrations and delays, the changes were brought in to protect borrowers as a result of recommendations by the Hayne banking royal commission.
Key points:
Loan approval times are taking longer, leaving some borrowers frustrated
One broker says some banks are taking up to a month to start looking at applications
Borrowers are finding they need to provide more details about living expenses and are being questioned on references made in banking transactions. ....

South Australia , Paul Hutchins , Personal Loan , Home Loan , Royal Commission , Living Expenses , தெற்கு ஆஸ்திரேலியா , பால் ஹட்சின்ஸ் , கடன் வாங்க , தனிப்பட்ட கடன் , வீடு கடன் , அரச தரகு , வாழும் செலவுகள் ,

LSU Fraternity Raises Enough Money to Pay off Cook's Mortgage


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The fraternities at Louisiana State University (LSU) haven t been show in the best light lately.  In fact, a new report from WAFB  has revealed that there have been more than a dozen internal investigations for hazing at the university since December of 2019.  Several groups are part of these investigations, some of which are still ongoing.
That s a lot of bad press, and it threatens to overshadow some of the positive things that fraternities like Phi Gamma Delta (also known as Fiji ) are doing.  According to the Ridgefield Press, this frat has cobbled together enough money to make a huge difference in a very special woman s life. ....

United States , Andrew Fusaiotti , Mario Villafuerte Getty , Louisiana State University , Phi Gamma Delta , Ridgefield Press , Good Samaritan , ஒன்றுபட்டது மாநிலங்களில் , லூசியானா நிலை பல்கலைக்கழகம் , ஃபை காமா டெல்டா , ரிட்ஜ்ஃபீல்ட் ப்ரெஸ் , நல்ல சமாரியன் ,

Feds propose banning foreclosures across U.S. until 2022


Feds propose banning foreclosures across U.S. until 2022
By Kate Gibson
April 5, 2021 / 2:41 PM
/ MoneyWatch
With millions of U.S. homeowners behind on their mortgages after the coronvirus pandemic slammed the economy, the Consumer Financial Protection Bureau is proposing banning foreclosures until next year.
Many families face the risk of foreclosure when federal emergency protections expire, the CFPB stated in announcing proposed rule changes on Monday. The count of homeowners behind on their mortgages has doubled since the start of the pandemic, with 6% of mortgages delinquent as of December and more homeowners behind on their house payments than at any time since 2010, the peak of the Great Recession, the agency noted. ....

Dave Uejio , Consumer Financial Protection Bureau , Great Recession , நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம் , நன்று மந்தநிலை ,