OTP authentication, as a component of two-factor authentication (2FA), has gained popularity in the banking, finance, and fintech sectors since the 2000s. It offers extra
Financial institutions must verify customer identity. But why is so much personal information required during account opening and ongoing transactions? Navigating financial regulations is complex.
Introduction to Advanced Palm Recognition Biometrics Ever stop to think if you could just wave your hand over a scanner to prove who you are?
Introduction What is CIP in banking? It’s a crucial question in today’s era of rising financial fraud and digital banking. The Customer Identification Program (CIP)
There was a time when the use of electronic devices was limited. Organizations use paperwork for the onboarding process of new customers, partners, or employees.
In the US, an individual or a business must check if a company is legally registered before making any deal or online transaction with a
When entrepreneurs seek to acquire a company to operate their business, they often hear from their registration agent that they can either set up a
Introduction: If you are thinking about dealing with a company or making a purchase, it is essential to determine whether or not they are a
Introduction: Businesses and organizations that depend on confirming people’s identities have a serious problem in the modern world due to the growing popularity of fake