How eKYC is streamlining digital banking: an Asia-Pacific perspective

In the digital economy, eKYC has become critical for customer experience and retention, as well as for risk management and regulatory compliance.

For both traditional and up-and-coming digital banks, it is a business imperative to streamline the digital onboarding experience and cut abandonment rates – all while meeting stringent KYC and AML requirements.

In this in-depth guide, Jumio details the current state of digital banking in Asia-Pacific and offers best practices to streamline the identity verification/eKYC experience while keeping fraud at bay.

Learn about:

  • How to balance account opening conversions and fraud detection in the context of identity verification
  • How to calculate the real costs of account onboarding and KYC
  • The role of biometric-based authentication
  • The dangers of disparate eKYC solutions
  • A best-practices approach to online identity verification for eKYC

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