New MeiTY Gaming Rules [2023]- What’s Next For Online Gaming in India? New MeiTY Gaming Rules [2023]- What’s Next For Online Gaming in India? Regulations,V-CIP Introduction The Ministry of Electronics and Information Technology (MeitY) has announced a new set of regulations in a draft notification to safeguard online gamers from dangerous content, financial damage, and addiction. The rules were announced as... Read More
Video PD: Personalized & Secure Customer Onboarding For Businesses Video PD: Personalized & Secure Customer Onboarding For Businesses eKYC,V-CIP,Video KYC What is Video PD? Video Personal Discussion, commonly known as video PD, is a virtual customer connect mechanism businesses use to become acquainted with their potential clients or customers. The process is essential for companies to analyze a new business... Read More
Everything You Need To Know About RBI’s New Video KYC Norms Everything You Need To Know About RBI’s New Video KYC Norms Regulations,V-CIP,Video KYC RBI amends Video KYC & KYC updation rules RBI announced an amendment to its Master Direction on KYC late on May 12, 2021. The amendment covers a broad range of topics concerning Video KYC, V-CIP (Video-based Customer Identification Procedure), and... Read More
Pensioners Can Now Open NPS Accounts Using Video KYC Pensioners Can Now Open NPS Accounts Using Video KYC V-CIP PFRDA allows Video KYC PFRDA (Pension Fund Regulatory & Development Authority) has been one of the most proactive regulatory bodies in the adoption of digital methods. The organization has permitted OTP and eSign-based Aadhaar authentication for... Read More
10 Things You Need To Know About RBI’s VCIP & Video KYC 10 Things You Need To Know About RBI’s VCIP & Video KYC V-CIP How India has received RBI’s VCIP It has now been more than nine months since RBI released its landmark notification on V-CIP, allowing banks and NBFCs to use video-based KYC methods to onboard customers. Several banks have since been using Video... Read More
How does Video KYC benefit MSMEs? How does Video KYC benefit MSMEs? V-CIP RBI, in a recent notification, approved the use of Video KYC for the purposes of verifying customer identity. The notification was passed after a recommendation by an expert committee set up by RBI to investigate the problems faced by Micro, Small, and... Read More
Why you should be onboarding customers with Video KYC Why you should be onboarding customers with Video KYC V-CIP Video KYC The Reserve Bank of India (RBI) recently issued a notification dated January 9th, 2020, legitimizing the Video-Based Customer Identification Process (VCIP) as a valid method for collecting the KYC information of customers and subsequently onboarding... Read More
What are the steps in RBI’s new VCIP? What are the steps in RBI’s new VCIP? V-CIP V-CIP In a move with far-reaching consequences, RBI issued a notification dated January 9th, 2020, officially recognizing the Video-Based Customer Identification Process (VCIP) as a method of customer identification. This means that banks and Regulated... Read More