{"id":56080,"date":"2024-01-18T11:06:26","date_gmt":"2024-01-18T11:06:26","guid":{"rendered":"https:\/\/authbridge.com\/staging\/?page_id=56080"},"modified":"2024-01-18T11:07:07","modified_gmt":"2024-01-18T11:07:07","slug":"how-fintech-platforms-harness-kyc-for-enhanced-customer-onboarding-experiences","status":"publish","type":"page","link":"https:\/\/authbridge.com\/staging\/newsroom\/how-fintech-platforms-harness-kyc-for-enhanced-customer-onboarding-experiences\/","title":{"rendered":"Newsroom | How Fintech Platforms Harness KYC for Enhanced Customer Onboarding Experiences"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"56080\" class=\"elementor elementor-56080\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c0f731a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c0f731a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7b8fcbd\" data-id=\"7b8fcbd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c94b4f elementor-widget elementor-widget-heading\" data-id=\"9c94b4f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 26-05-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">How Fintech Platforms Harness KYC for Enhanced Customer Onboarding Experiences?<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ef3150 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"3ef3150\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 26-05-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"750\" height=\"394\" src=\"https:\/\/authbridge.com\/staging\/wp-content\/uploads\/2024\/01\/Newsroom_ABP-Live-1024x538.jpg\" class=\"attachment-large size-large wp-image-56081\" alt=\"\" srcset=\"https:\/\/authbridge.com\/staging\/wp-content\/uploads\/2024\/01\/Newsroom_ABP-Live-1024x538.jpg 1024w, https:\/\/authbridge.com\/staging\/wp-content\/uploads\/2024\/01\/Newsroom_ABP-Live-300x158.jpg 300w, https:\/\/authbridge.com\/staging\/wp-content\/uploads\/2024\/01\/Newsroom_ABP-Live-768x403.jpg 768w, https:\/\/authbridge.com\/staging\/wp-content\/uploads\/2024\/01\/Newsroom_ABP-Live-1536x806.jpg 1536w, https:\/\/authbridge.com\/staging\/wp-content\/uploads\/2024\/01\/Newsroom_ABP-Live-2048x1075.jpg 2048w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01011ae elementor-widget elementor-widget-post-info\" data-id=\"01011ae\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/authbridge.com\/staging\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\"><link rel=\"stylesheet\" href=\"https:\/\/authbridge.com\/staging\/wp-content\/plugins\/elementor-pro\/assets\/css\/widget-theme-elements.min.css\">\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-87de316 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-calendar\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M12 192h424c6.6 0 12 5.4 12 12v260c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V204c0-6.6 5.4-12 12-12zm436-44v-36c0-26.5-21.5-48-48-48h-48V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H160V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H48C21.5 64 0 85.5 0 112v36c0 6.6 5.4 12 12 12h424c6.6 0 12-5.4 12-12z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>January 18, 2024<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-7327398 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-clock\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm0 448c-110.5 0-200-89.5-200-200S145.5 56 256 56s200 89.5 200 200-89.5 200-200 200zm61.8-104.4l-84.9-61.7c-3.1-2.3-4.9-5.9-4.9-9.7V116c0-6.6 5.4-12 12-12h32c6.6 0 12 5.4 12 12v141.7l66.8 48.6c5.4 3.9 6.5 11.4 2.6 16.8L334.6 349c-3.9 5.3-11.4 6.5-16.8 2.6z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-time\">\n\t\t\t\t\t\t\t\t\t\t<time>11:06 am<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6551cdf elementor-widget elementor-widget-text-editor\" data-id=\"6551cdf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 26-05-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The fintech space is undergoing a rapid evolution. With more than 3000 fintechs operating currently, India is positioned to become one of the largest digital markets with the rapid expansion of mobile and internet. The fintech revolution has redefined the way we engage with financial services. From seamless transactions to innovative lending solutions, fintech platforms are at the forefront of shaping the future of finance.<\/p>\n<p>However, at the heart of this digital transformation lies the imperative to establish the identity of customers securely, and this is where KYC steps in as the guardian of trust and security.&nbsp;<\/p><p><br><\/p>\n<p><span style=\"font-size: inherit; color: var(--bs-body-color);\"><i>Let\u2019s delve deeper!<\/i><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-85a5a19 elementor-widget elementor-widget-heading\" data-id=\"85a5a19\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">AI and automation to enable fraud detection in real-time<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-027572f elementor-widget elementor-widget-text-editor\" data-id=\"027572f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Prominent fintech platforms are utilising AI algorithms to analyze and verify submitted identification documents swiftly, ensuring a more seamless and responsive onboarding experience. Liveness detection and biometric anti-spoof algorithms help validate a customer\u2019s identity against the submitted NIDs in real-time. OCR extract text data from various NIDs, capturing crucial information and eliminating manual effort. This helps track the discrepancies in real-time and mitigate the risks of identity thefts and financial frauds before onboarding customers in banks, NBFCs, mobile wallets, gaming, e-commerce and P2P marketplaces. By implementing these advancements, financial institutions can proactively identify potential frauds, saving financial resources that could otherwise be at risk.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f610f07 elementor-widget elementor-widget-heading\" data-id=\"f610f07\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Prioritising simplicity, accessibility, and user-friendliness<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ffafcc3 elementor-widget elementor-widget-text-editor\" data-id=\"ffafcc3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Fintech platforms place a premium on incorporating intuitive and user-friendly interfaces, ensuring that the KYC process can be seamlessly completed through clear and straightforward steps. The focus on simplicity, accessibility, and user-friendliness not only enhances the overall customer experience but also cultivates a positive perception of the brand.<\/span><\/p><p><\/p><p><span style=\"font-weight: 400;\">A noticeable shift in customer onboarding through mobile applications has prompted fintech firms to develop highly user-friendly apps, ensuring the ease of completing the KYC process directly from users&#8217; smartphones. This strategic approach condenses the entire process, from document upload to identity verification, into just a few taps. Such initiatives empower modern-day customers, granting them greater control over their interactions with financial institutions.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d12bd79 elementor-widget elementor-widget-heading\" data-id=\"d12bd79\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Meeting the comfort and time-saving of customers<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ea41ed elementor-widget elementor-widget-text-editor\" data-id=\"1ea41ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">There was a time when customers had to visit the branch to submit the same documents, with no alternative in sight. Today&#8217;s modern customer demands a seamless, secure, and swift onboarding experience, and to meet this expectation, digital KYC and onboarding are rapidly becoming the standard.<\/span><\/p><p><\/p><p><span style=\"font-weight: 400;\">A practical and widely used example is Digilocker, which allows users to access their digital documents anytime, anywhere, and share them online. With digital signing capabilities, customers can also complete the document signing formalities using Aadhaar-based eSign. This is particularly useful in obtaining legally valid digital customer signatures for various purposes, such as loan agreements, account opening forms, or investment-related documents. Digital address verification further facilitates contactless KYC and quicker onboarding, eliminating the need for physical site visits. Fintech&#8217;s adoption of advanced KYC technologies significantly minimizes the time and effort required for the verification process and enables swift onboarding for customers.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9b9090 elementor-widget elementor-widget-heading\" data-id=\"a9b9090\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Cost & Resource Optimization<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64ba2dc elementor-widget elementor-widget-text-editor\" data-id=\"64ba2dc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Digital and Video KYC solutions are enabling Fintechs with instant verification with the power of AI, ML, and deep search algorithms. Faster the customer onboarding process, lower the account activation TAT. This also translates into reduced churn rate and operational costs, helping the business scale up at speed. Automating KYC not only enables faster go-to-market but also reduces the need for dedicated personnel and physical infrastructure, contributing to overall cost savings. This is a win-win situation for both parties.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1444476 elementor-widget elementor-widget-heading\" data-id=\"1444476\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Legal and Regulatory Compliance<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dfde1b4 elementor-widget elementor-widget-text-editor\" data-id=\"dfde1b4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Digital KYC has made it easier for financial institutions to align with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations and stay on the right side of the law. Fintechs are increasingly harnessing digital KYC solutions to assess customers against comprehensive compliance checks, maintain audit trails, and automate and document every step of the verification process. This makes it easier for businesses to maintain detailed audit trails, facilitating easy demonstration of compliance during regulatory audits, offering efficient consent management, and staying in line with data protection regulations. Ultimately, digital KYC not only streamlines processes but also helps businesses stay current with evolving regulatory requirements, ensuring ongoing adherence to legal standards.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56be30b elementor-widget elementor-widget-heading\" data-id=\"56be30b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Scalability and Global Reach<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b778d80 elementor-widget elementor-widget-text-editor\" data-id=\"b778d80\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">As businesses grow, manual KYC processes can become increasingly challenging to scale. AI-powered verification technology allows for scalability, enabling businesses to handle a larger volume of verifications without a proportional increase in manual effort. Whether targeting international markets or offering online services to a broader audience, businesses are harnessing digital KYC to reach customers without geographical constraints. The ability to scale and expand globally is becoming a significant growth driver for businesses of all sizes.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17bde29 elementor-widget elementor-widget-heading\" data-id=\"17bde29\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-small\">Closing Thoughts<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82a58a1 elementor-widget elementor-widget-text-editor\" data-id=\"82a58a1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">An increasing number of Fintechs are at the forefront of revolutionising their KYC process to reduce complexities and align with the fast-paced expectations of today&#8217;s consumers, making it a more agile and user-centric alternative to traditional banking procedures. The integration of emerging technologies, coupled with a relentless focus on customer-centricity and compliance, will drive the next wave of innovation. Fintech platforms that master the art of harnessing KYC for enhanced customer onboarding experiences will undoubtedly stand out in this competitive landscape.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><p><b><u><i>Source: <a href=\"https:\/\/news.abplive.com\/technology\/how-fintech-platforms-can-harness-kyc-for-enhanced-customer-onboarding-experiences-1656988#:~:text=in%20real%2Dtime-,Prominent%20fintech%20platforms%20are%20utilising%20AI%20algorithms%20to%20analyse%20and,submitted%20NIDs%20in%20real%20time.\">ABP Live<\/a><\/i><\/u><\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3c5cba13 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c5cba13\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4c970284\" data-id=\"4c970284\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5afcf1f4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5afcf1f4\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2be92680\" data-id=\"2be92680\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c173f93 elementor-widget elementor-widget-heading\" data-id=\"6c173f93\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Business grows when you build trust in people<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a013b7 elementor-widget elementor-widget-text-editor\" data-id=\"3a013b7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span>AuthBridge helps you with fast, friendly, and comprehensive background and due diligence solutions \u2013 smarter in every way.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-580458db\" data-id=\"580458db\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2825c7e3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2825c7e3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6bf12bc6\" data-id=\"6bf12bc6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-306dec7c elementor-align-right elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"306dec7c\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div 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The fintech space is undergoing a rapid evolution. With more than 3000 fintechs operating currently, India is positioned to become one of the largest digital markets with the rapid expansion of mobile and internet. The fintech revolution has redefined the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":56081,"parent":1221,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"categories":[47],"tags":[],"industry":[],"assets":[],"product":[],"use_case":[],"region":[],"check_type":[],"solution":[],"class_list":["post-56080","page","type-page","status-publish","has-post-thumbnail","hentry","category-newsroom"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Fintechs Harness KYC to Enhance Customer Onboarding<\/title>\n<meta name=\"description\" content=\"Catch valuable insights by Ajay Trehan on how fintech platforms harness KYC for enhanced customer onboarding experiences.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, 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