Central Bank of India to Implement Digital KYC

BANKING AND ECONOMY

  • Central Bank of India partnered with Kwik.ID to implement digital Know Your Customer (KYC), video KYC and eKYC for its network across India.
  • The aim of the partnership is to digitize 10 million customers seamless onboarding and streamline their end-to-end processes.
  • Kwik.ID is a flagship product by Think360.ai — a full stack AI firm.
  • This partnership will support the bank in driving its digital transformation agenda and supporting digital finance initiatives championed by the government.

 

  Facts to know:

 

  • The Central Bank of India was established in 1911.
  • Headquarters of the Central Bank of India: Mumbai, Maharashtra.
  • MD & CEO of the Central Bank of India: Mr.Matam Venkata Rao.
  • Tagline of the Central Bank of India: Central to you since 1911.
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