VIYONA has received UIDAI’s OVSE certification, enabling offline Aadhaar-based identity verification without real-time database access. The approval strengthens privacy safeguards, accelerates paperless KYC processes and enhances digital onboarding across banking, fintech and enterprise sectors in India.
Banks regularly ask customers to update their KYC as per RBI guidelines, which categorise accounts by risk level. Union Bank of India has launched a mega campaign across Telangana, offering multiple modes—online and offline—to help customers update their KYC seamlessly
Due to the pandemic, people's priorities have changed and they are evaluating their spends and investments very closely, the fintech player said in its third edition of 'BankBazaar Moneymood 2021' report.
