To date, KYC regulations in the Philippines have always required a face-to-face or real-time online interview to onboard new-to-card or new-to-bank current account/savings account (CASA) customers.
Now, customers will be able to get verified as part of a CASA or credit card account application faster and more conveniently by opting-in to avail of the eKYC solution from their mobile phone.
LenddoEFL uses identity verification, credit scoring, and consumer insights to help banks make data-driven decisions. Its AI and advanced analytics bring together the best sources of digital and behavioural data to help lenders in emerging markets serve underbanked people and small businesses.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now