Banks and financial institutions worldwide are determined to provide convenient and personalized customer service without increasing exposure to the threats of cyber-attack and fraudulent activities. That’s why they have introduced KYC (Know Your Customer), a process that evolves to collect and protect customer’s information and personal details from outside threats. Traditional pen and paper-based KYC process are not sophisticated enough to provide seamless customer experience and safeguard from fraudulent attacks.
How M2SYS is Revolutionizing KYC in Banking
M2SYS, one of the leaders in the biometric technology industry, continuously researches the next generation identity management solution and knows all the downsides of a conventional KYC process. Working with the identity management industry for more than 17 years, M2SYS has developed CertisID, a solution that transformed the whole KYC process. It is a biometric-based account holder and employee identity management solution for banking and financial institutions. This solution is designed to streamline the process of KYC, bringing authentication accuracy and efficiency to secure every transaction. Read more…
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