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know-your-customer News

Stay updated with the latest know-your-customer news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on know-your-customer topics.

The Hindu - Business - News Image
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BusinessApr 09, 2026 05:07 PM

AI Meets Gold Lending: Wizz Financial Introduces Next-Gen Lending Experience

Kochi, India - April 09, 2026: Gold loans in India have long been trusted for quick access to credit. The process, however, remains largely manual, time-bound and operationally intensive. Wizzmoni, a flagship brand of Wizz Financial, is now redefining that experience. Wizzmoni has introduced India's first fully Automated Gold Loan Machine, a breakthrough innovation that enables customers to complete the entire gold loan journey, from onboarding to disbursement, in real time. This is not just a ...Read More >

NewsBTC - Technology - News Image
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TechnologyApr 09, 2026 04:45 PM

Can't Move Your Crypto? -- Traders Trapped In South Korean Exchanges

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The South Korea's Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), together with the Digital Asset Exchange Association (DAXA) are rolling out unified rules for withdrawal across all registered crypto exchanges. From now on, all local crypto exchanges are being forced to have one tough, standardized withdrawal‑delay regime by South Korean financial ...Read More >

Abtak.com - Business - News Image
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BusinessApr 09, 2026 09:34 AM

PFRDA rolls out NPS Swasthya to combine retirement planning with health cover

Pension fund regulator PFRDA has launched the second proof of concept (POC) of 'NPS Swasthya', an initiative aimed at integrating retirement planning with healthcare funding, PTI reported.The Pension Fund Regulatory and Development Authority (PFRDA) said the National Pension System (NPS) Swasthya is a multi-partner framework designed to provide financial and health security.Under the initiative, Medi Assist Healthcare Services will act as the core technology partner, CAMS KRA will handle onboard ...Read More >

NewsDrum - Business - News Image
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BusinessApr 08, 2026 09:55 PM

PFRDA introduces 'NPS Swasthya' to integrate retirement savings, healthcare accessibility

Bengaluru, Apr 8 (PTI) Pension fund regulator PFRDA has launched the second "Proof of Concept (POC) of NPS Swasthya", an initiative intended to provide healthcare funding along with retirement planning. According to a statement, PFRDA said the National Pension System (NPS) Swasthya is a multi-partner initiative structured to provide comprehensive financial and health security. The Pension Fund Regulatory and Development Authority (PFRDA) serves as the regulatory authority. The Medi Assist Heal ...Read More >

Lokmat Times - Business - News Image
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BusinessApr 04, 2026 07:40 PM

Bajaj Finance Gold Loan: The perfect solution for instant funding needs - www.lokmattimes.com

Pune (Maharashtra) [India], June 26: In times of financial emergencies or when immediate funds are required, individuals often find themselves searching for convenient and reliable sources of financing. Bajaj Finance Gold Loan emerges as an ideal solution, providing quick access to funds against the security of gold jewellery. Gold loans help borrowers meet their immediate funding requirements without compromising their overall financial well-being. Applying for an instant gold loan is much eas ...Read More >

Abtak.com - Business - News Image
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BusinessApr 02, 2026 02:34 PM

Plan Your Finances and EMIs Easily with a Bajaj Finserv Personal Loan Calculator in 2026

NewsVoir Pune (Maharashtra) [India], March 31: With rising living costs and evolving financial needs, individuals are increasingly looking for ways to manage expenses without disrupting their long-term financial plans. One of the key aspects of borrowing today is not just access to funds, but the ability to plan repayments efficiently. Tools like the Bajaj Finserv Personal Loan EMI calculator are helping borrowers take a more structured approach to financial planning by offering clarity on mon ...Read More >

Abtak.com - Business - News Image
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BusinessApr 01, 2026 04:34 PM

CARD91 Launches VerifyIQ to Strengthen Risk-Aligned Onboarding for the BFSI Sector

PRNewswire Bangalore (Karnataka) [India], April 1: CARD91 announced the launch of VerifyIQ, an AI-powered verification intelligence platform designed to help banks, NBFCs, and insurance/reinsurance companies make faster, more accurate, and policy-aligned onboarding decisions. Built with an AI-first approach, VerifyIQ brings together multi-source data aggregation, AI and machine learning-led data processing with confidence scoring, and configurable decision workflows in a single operating layer ...Read More >

LatestLY - Business - News Image
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BusinessMar 31, 2026 01:35 PM

Business News | EPF Claim Rejections Leave Millions in Limbo -- Kustodian Helps Recover Stuck Funds ...

New Delhi [India], March 31: Most employees assume their Employees' Provident Fund (EPF) is easily accessible. However, many only discover issues years later, typically at the time of withdrawal, during a job transition, or even during background verification. Claims can get delayed, rejected, or remain unresolved, often without clear reasons. Also Read | Sadak Suraksha Abhiyan 2026: Aamir Khan Talks About Road Safety, Shares Strict Rule He Has Taught His Children (Watch Video). In FY24-25, ov ...Read More >

LatestLY - Business - News Image
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BusinessMar 31, 2026 12:40 PM

Business News | Plan Your Finances and EMIs Easily with a Bajaj Finserv Personal Loan Calculator in ...

Pune (Maharashtra) [India], March 31: With rising living costs and evolving financial needs, individuals are increasingly looking for ways to manage expenses without disrupting their long-term financial plans. One of the key aspects of borrowing today is not just access to funds, but the ability to plan repayments efficiently. Also Read | Jubilant FoodWorks to Exit Dunkin' Franchise in India After 15-Year Partnership. Tools like the Bajaj Finserv Personal Loan EMI calculator are helping borrow ...Read More >

Deccan Chronicle - Business - News Image
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BusinessDec 17, 2025 09:45 PM

Fraudster Arrested For Investment Scam

Hyderabad: Cyberpolice arrested a fraudster, who duped a victim to the tune of ₹32 lakh, from his house in Mumbai. He was linked to a Chinese national, who is the kingpin of crypto fraud.According to cybercrime DCP V. Arvind Babu, Ansari Mohammed Umar Murad alias Umar had cheated several people in online trading. "We received a complaint from a person who fell victim to an investment fraud."The victim said he clicked on the advertisement that purportedly claimed to be of the Aditya Birla Group. ...Read More >

Times Bull - Business - News Image
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BusinessDec 17, 2025 07:42 PM

Easily register your name in SBI's YONO app, know update - Times Bull

New Delhi: State Bank of India (SBI) is known for making significant decisions frequently. Now, SBI has launched YONO 2.0, a major upgrade to its digital platform. This new version includes both mobile and internet banking facilities, providing relief to customers. The new YONO app will also offer easy KYC and re-KYC facilities. This will eliminate the need for repeated verification for products and services. YONO stands for "You Only Need One," meaning you can easily make changes to your KYC a ...Read More >

Abtak.com - Business - News Image
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BusinessDec 17, 2025 09:33 AM

Sebi board to discuss overhaul of MF, brokerage rules on Wednesday

The Sebi board will review proposals for greater transparency among senior officials. Reforms for mutual funds and stock brokers are also on the agenda. These changes aim to simplify rules and enhance clarity for investors. Relaxed KYC norms for NRIs and a new closing-auction session are expected. The regulator is set to implement significant updates to financial market regulations. New Delhi, Sebi board on Wednesday will consider a report of a high-level panel, which has recommended public dis ...Read More >

Abtak.com - Business - News Image
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BusinessDec 17, 2025 07:33 AM

SBI plans to double YONO users after launching new version

State Bank of India (SBI) plans to double the users of its YONO digital to 20 crores as it seeks to transit more and more transactions at one tenth of branch banking costs, chairman CS Setty said. India's largest bank also plans to put 10,000 people on the ground to guide people to transition to the digital banking application as it pushes towards a uniform application on the mobile, web and branch banking. "We currently have about 9.60 crore customers using the YONO app and our ambition is to ...Read More >

Abtak.com - Business - News Image
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BusinessDec 01, 2025 07:07 PM

PF Withdrawal: Will Your Money Show Up When You Need It?

VMPLMumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin.The rules are written. The steps are li ...Read More >

LatestLY - Business - News Image
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BusinessDec 01, 2025 07:06 PM

Business News | PF Withdrawal: Will Your Money Show Up When You Need It? | LatestLY

Mumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin.The rules are written. The steps are listed ...Read More >

News18 - Business - News Image
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BusinessDec 01, 2025 06:53 PM

PF Withdrawal: Will Your Money Show Up When You Need It?

VMPLMumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin.The rules are written. The steps are li ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessDec 01, 2025 06:39 PM

PF Withdrawal: Will Your Money Show Up When You Need It?

VMPL Mumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin. The rules are written. The steps ar ...Read More >

Abtak.com - Politics - News Image
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PoliticsOct 27, 2025 11:34 PM

Pan-India SIR: ECI Reveals Documents For Verification, Aadhaar Status Defined -- Full List Here

Gyanesh Kumar further added that Aadhaar Card is not a proof of date of birth or domicile.Source : jorono/Pixabay Chief Election Commissioner Gyanesh Kumar on Monday announced that the Election Commission will undertake a pan-India Special Intensive Revision (SIR) of voter lists in 12 states and union territories. "...The voter lists in all states undergoing SIR will be frozen at 12 am tonight. BLOs will distribute Unique Enumeration Forms to all voters on these lists. These forms will contain ...Read More >

Abtak.com - Technology - News Image
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TechnologyOct 25, 2025 07:29 PM

Kerala Couple Registers Marriage Via Video KYC, Internet Reacts

People praised this method on social media. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Couple from Kerala registered their marriage through Video KYC, showcasing digital progress * Lavanya and Vishnu completed marriage registration and verification on the same day * Panchayat official provided a digitally signed certificate with the couple's photo Did our AI summary help? Let us know. Switch To Beeps Mode In a futuristic incident, a couple from Kerala's Kawassery Pancha ...Read More >

Abtak.com - Business - News Image
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BusinessOct 24, 2025 10:33 AM

Sebi proposes to ease geo-tagging requirement for NRI clients

New Delhi, Oct 23 (PTI) Sebi on Thursday proposed to ease the geo-tagging requirement for non-resident Indian clients during their re-KYC or KYC process through digital onboarding or video client identification (V-CIP). In a draft circular, the markets watchdog has sought public comments on its proposal to relax the condition that requires non-resident Indian (NRI) clients to be physically present in India during such KYC verification. The move follows multiple representations from stakeholder ...Read More >

The Times of India - Business - News Image
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BusinessOct 18, 2025 04:57 AM

58cr con: 27 mule a/cs used to send money to China, Cambodia | Mumbai News - The Times of India

Mumbai: The fraudsters who coerced a couple to pay them Rs 58 crore allegedly kept them under digital arrest for 40 days and used elaborate tactics to convince them that they were under investigation by central agencies. As per the police probe, the money trail leads to China and Cambodia, indicating a transnational cybercrime network. Twenty-seven mule bank accounts were allegedly used to route the funds, which were layered across multiple shell entities before being moved overseas.According to ...Read More >

Deccan Chronicle - Business - News Image
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BusinessOct 17, 2025 08:31 PM

ED Raids Money Changers in Hyderabad

Hyderabad: The Directorate of Enforcement (ED), Hyderabad Zonal Office, on Friday conducted searches at five locations in the city targeting full-fledged money changers (FFMCs). The firms raided include Prism Forex Private Limited, Garuda Forex Services Private Limited, Sree Vimal Nath Forex Private Limited, Victory Forex and Travel Services Private Limited, and Digital Forex Private Limited. According to ED officials, the FFMCs and their managements were allegedly operating illegally without v ...Read More >

LatestLY - Business - News Image
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BusinessOct 17, 2025 07:26 PM

UIDAI Mascot Competition: Prize Pool Up to INR 1 Lakh for Designing Aadhaar's Mascot; Contest Open T...

New Delhi, October 17: The UIDAI launched a nationwide Mascot Design Contest on the MyGov platform, inviting residents to design Aadhaar's official mascot. The competition is open till October 31, an official said on Friday. Through the contest, the Unique Identification Authority of India (UIDAI) aims to create a unique and memorable mascot that reflects Aadhaar's core values of trust, inclusivity, empowerment, and digital innovation. The mascot will serve as the visual ambassador of UIDAI, ma ...Read More >

Abtak.com - Business - News Image
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BusinessOct 09, 2025 04:29 PM

SBI working on simplification of KYC process, to engage with regulator, govt: Chairman

Setty said the lender needs to get the 'collections piece right' on the small value loans before rolling out other products on the UPI State Bank of India's (SBI's) chairman CS Setty on October 8 said that the lender is working on the simplification of Know Your Customer (KYC) and re-KYC and will engage with the regulators and the government. "We are working on that, the simplification of KYC processes. Even if it means that we need to engage with the regulators and the government, we are taki ...Read More >

Economic Times - Business - News Image
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BusinessOct 09, 2025 01:07 AM

KYC a challenge, have to simplify norms: SBI chief

Mumbai: State Bank of India chairman CS Setty called upon policymakers, fintech developers and technology developers to think about ways to simplify the know your customer (KYC) process, which he termed one of the biggest challenges for banks as well as customers. Banks employ KYC to onboard customers and simplifying the process is important for a large number of people who are joining mainstream banking. "I think one (of the) biggest subjects both on the customer side and the bank side... it' ...Read More >

FinanceFeeds - Business - News Image
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BusinessOct 02, 2025 12:49 PM

FIU Issues Notices To 25 Offshore Crypto Exchanges Over AML Non-Compliance - FinanceFeeds

India's Financial Intelligence Unit (FIU-IND) has taken decisive action against 25 offshore cryptocurrency exchanges, issuing compliance notices for failing to meet India's anti-money laundering (AML) requirements. The FIU confirmed that these platforms have not registered under the Prevention of Money Laundering Act (PMLA), 2002, a regulatory framework extended to Virtual Digital Asset (VDA) service providers since March 2023. According to officials, the exchanges were actively servicing India ...Read More >

The Hans India - Business - News Image
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BusinessSep 30, 2025 12:55 PM

RBI eases norms for small business loans, working capital loans to jewellers

New Delhi: The Reserve Bank of India (RBI) issued new guidelines for small business loans, increasing the lending flexibility for banks, in adjusting the additional interest or spread charged over the loan term. The RBI has also eased lending restrictions for businesses that depend on gold as a raw material. "Banks are generally prohibited from lending for the purchase of gold or silver in any form, or lending against the security of primary gold or silver. However, a carve-out has been allowe ...Read More >

Hindustan Times - Politics Business - News Image
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PoliticsBusinessSep 30, 2025 05:28 AM

CBI probing of bank officials, middlemen in ₹3.81 cr cyber fraud

MUMBAI: The Central Bureau of Investigation (CBI) has begun probing a few bank officials and middlemen as part of its investigation into a cybercrime case involving the receipt of ₹3.81 crore from multiple defrauded victims into a mule account. The CBI arrested S Palande, Y Thakur and S Singh in July, and the fourth person, identified only as Neeraj, this month. Neeraj allegedly convinced co-accused Palande to open the mule account at a private bank, according to agency sources. The other two w ...Read More >

The Times of India - Business - News Image
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BusinessSep 16, 2025 01:53 AM

RBI tightens rules for offline payments - The Times of India

MUMBAI: RBI on Sept 15 issued new directions for payment aggregators (PAs), mandating stricter merchant vetting and extending oversight to physical payments.RBI's directions make PAs the first line of defense against fraud by requiring stronger KYC and risk-based due diligence, with larger merchants facing tighter checks. For the first time, offline PAs handling proximity payments - from kirana stores to big retail chains - must seek RBI authorisation and follow the same compliance standards as ...Read More >

Abtak.com - Business - News Image
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BusinessSep 13, 2025 02:45 PM

Nifty top losers: SBI, SBI Life Insurance, Titan stocks drag on index in early trading today

In early trade today, several stocks experienced declines, with SBI leading the losses on the Nifty 50. At 09:30 am, SBI was trading at Rs 820.70, a 0.36% fall from its previous close. Other notable losers included SBI Life Insurance and Titan Company. SBI Life Insurance was trading at Rs 1,809.80, down by 0.24%. Titan Company was also down, trading at Rs 3,579.10, which represents a 0.14% decrease. Bajaj Finserv and TATA Cons. Prod experienced similar declines. Here's a detailed look into the ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.