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Sajin
•

Foundation • 1y

eKYC IS DEAD!! You must have noticed my previous posts about KYCs for social media, dating, banking and what not! Now this is my recommendation: eKYC has often seemed unnecessary, especially with everyone signing in using mobile number Since every mobile number in India is linked to Aadhaar, businesses could be granted limited access to Aadhaar for verifying the phone number that logs into an app This approach could provide the most seamless and efficient KYC process, potentially reducing fraud India should work on regulations to safeguard this process while ensuring businesses have the necessary access to minimize fraud Check the video in the link to know why eKYC is dead. Also let me know below what you think will be the future of eKYC and how the fraud problem can be solved

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Replies (1)

Anonymous 1

Hey I am on Medial • 1y

E-KYC is now dead with the recent advancement of AI it is tough for verification systems to detect the probable correct option.

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