Video KYC is the process of video-based identification. You must be familiar with the term KYC- Know Your Customer, a procedure for businesses to verify the identity of the customers and to eradicate illegal activities like identity theft or money laundering. Video KYC is a similar process of verifying a customer’s identity but with a human KYC expert conducting an online verification interview.

Hashstacs Pte Ltd (also known as "STACS"), a Singapore FinTech company focusing on Blockchain technology solutions for financial institutions, announced its partnership with EFG Bank ("EFG") to co-develop a Blockchain platform that will enhance and simplify the processes of structured products.

Profile Software, a leading financial solutions provider, announces the new release of AxiaSuite that incorporates advanced onboarding functionality and a powerful digital client portal to accommodate the increasing market needs in wealth, asset and fund management thus enabling a competitive and faster communication remotely, in the post Covid era, while safely onboarding new clients via an automated process.