06 September 2022

Ondato launches virtual branches with biometrics

Written By FinTech Alliance in Digital Identity

Ondato launches virtual branches with biometrics

Ondato, a KYC specialist, has launched a virtual branch service solution. 

In Brief: 

Ondato is launching a virtual bank branch service so physical, digital and hybrid banks can serve customers. 

The solution will enable virtual face-to-face appointments. 

It will use ID verification and e-signatures to ensure security.

What does this mean?

Ondato offers KYC and AML solutions including video-based ID verification. It’s hoped that the hybrid solution will ensure even workload distribution across physical banks’ networks and enable banks to hire the right talent. 

Read more here. 

Up Next ...
04 November 2024

Finance apps are in ‘need of improvement’, says a quarter of Brits

A recent survey by UK mobile specialists Apadmi reveals that ...

04 November 2024

Barclays acquires Tesco Bank

Barclays Bank UK PLC has completed the acquisition of Tesco ...

04 November 2024

fundcraft Increases Series A to €11 Million Demonstrating Strong Product-Market Fit

fundcraft has increased its Series A funding to €11 million, ...

01 November 2024

Mollie and Hyvä announce strategic partnership, launching Hyvä Commerce

Mollie, a leading financial service provider, has partnered with Hyvä, ...

More in Digital Identity

Putting individuals back in charge of their own identities

05 December 2023

We sat down with Mike Tuchen, CEO of UK-founded digital ...

Lloyds Bank launches in-app passport scanning for customer onboarding

29 November 2023

Lloyds Bank customers are the first in the UK to ...

Posted By The Community

How Digital Passports Can Benefit the Global Society

14 November 2023

How Digital Passports Can Benefit the Global SocietyDigitalization is what has made our lives much e...

Written By: Vault

Standard Chartered invests in ID verification business Chekk

24 August 2022

Standard Chartered’s FinTech investment arm SC Ventures has invested in ...

White Papers Digital Identity

Financial Services, Fraud and the Future of Digital Onboarding

05 September 2019

The identity industry is changing. Many of the identity indicators we took for granted are no longer...

There are no Events in this category