INTRODUCE
This is an intermediary digital Validation-as-a-Service (VaaS) that allows Service Providers who are its Partners to validate and/or authenticate a potential Customer who has already been verified and approved by this app.
Category
Date
Technology
REQUIREMENTS
– Collecting and verifying personal information: This may involve obtaining proof of identity documents such as a government-issued ID, passport, or driver’s license, and verifying the authenticity of these documents using electronic means.
– Using electronic identity verification technologies: This may include biometric authentication methods such as facial recognition or fingerprint scanning, as well as electronic documents and online identity verification services.
– Adhering to relevant laws and regulations: Organizations must ensure that their eKYC processes comply with all applicable laws and regulations, including data protection laws and anti-money laundering regulations.
– Protecting customer data: Organizations must ensure that customer data is securely stored and protected from unauthorized access.
– Providing customer consent: Organizations must obtain the explicit consent of customers before collecting and using their personal data for eKYC purposes.
REQUIREMENTS
– Electronic identity verification technologies such as biometric authentication
– Electronic documents
– Online identity verification services.