Video Kyc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MUMBAI: The Reserve Bank on Wednesday asked banks and other regulated financial entities not to impose any punitive restriction against customers for failure to update KYC till December end, in view of the second wave of coronavirus cases. The RBI has also decided to extend the scope of video KYC (know-your-customer) or V-CIP (video-based customer identification process) for new categories of customers such as proprietorship firms, authorised signatories and beneficial owners of legal entities. "Keeping in view the Covid-related restrictions in various parts of the country, Regulated Entiti...

Axis Bank launches contactless wearable payment devices SECTIONS Last Updated: Mar 10, 2021, 09:27 PM IST Share Synopsis Announcing the 'Wear N Pay' wearable devices brand, Axis Bank said it is the first bank in India to offer such a service. Agencies Private sector lender Axis Bank on Wednesday launched the country's first contactless wearable payment devices to allow customers make on-the-go transactions more conveniently. Announcing the 'Wear N Pay' wearable devices brand, Axis Bank said it is the first bank in India to offer such a service. The bank has partnered with Thales and Tappy Te...