KYC – GlobalMoneynews

How can fintechs defend themselves from pretend accounts on their platforms? Rishi Agrawal, CEO and co-founder of TeamLease RegTech explains

February 17, 2024 by Moneynews

The dialogue between Rishi Agrawal, CEO and co-founder of TeamLease RegTech, and businessline’s Lokeshwarri SK, sheds mild on the sequence of occasions resulting in the RBI’s resolution to halt deposit-taking and sure operations of Paytm Funds Financial institution. Agrawal explains that whereas the regulatory improvement could seem to be a sudden response, it’s really the … Read more

Demat Account and MF Folios: Are You Addressing These Most Vital Issues?

February 17, 2024 by Moneynews

Treasure Hunt, anybody? No, we’re not speaking of the sport the place one performs the detective, nostril to the bottom, sniffing out hidden riches by means of clues. We’re speaking of in search of unclaimed property which will rightfully be ours, however with out useful clues. A unique ball sport altogether. Surprisingly, whereas the significance … Read more

RBI asks card networks to halt card-based enterprise funds on KYC, fund-use considerations

February 14, 2024 by Moneynews

RBI has requested card networks reminiscent of Visa and Mastercard to cease business card transactions beneath the Enterprise Fee Resolution Suppliers (BPSP) enterprise, citing considerations concerning the legitimacy and inadequacy of service provider KYC and the tip use of funds. The central financial institution has written to the networks on a sub-segment of B2B (business-to-business) funds … Read more