TEHNOLOGII BANCARE - FinTech | ENGLISH

Erste Bank introduces video-based identification of new customers

Trimite stirea unui prieten
Nume *
E-mail *
E-mail prieten *
Mesaj
Cod validare * Turing Number
Tastati codul din imagine (doar cifre)
195.154.184.126

Autor: Bancherul.ro
2017-01-23 16:12

Erste Bank Introduces Video-Based Identification of New Customers (press release):

- Available just three weeks after the technology’s approval by Austrian regulators

- New Customers can confirm their identity via video chat

- Driver's licenses accepted in Austria, in addition to passports and national identity cards

Opening an account via video chat

Erste Bank und Sparkassen is making video-based online identification, which has only just been approved by the Austrian Financial Market Authority (FMA) on 3 January 2017, available to the banking group’s new customers with immediate effect.

With the aid of IDnow Video-Ident solution, persons taking part in the new client onboarding process can choose to identify themselves directly via video chat, thus saving themselves the time and effort involved in visiting a branch office for this purpose.

This new solution makes opening a current account faster and simpler than ever – it can now be done via a computer, as well as via mobile devices such as smartphones or tablets.

In order to complete the identification process in a few minutes via video chat, all one needs is a government-issued photo ID.

A special feature for Austrian citizens is that in addition to passports and national identity cards, they can also use their driver's licenses for video identification.

“We are the first large Austrian bank to offer this innovative option to new customers, implementing it just three weeks after the authorities approved the procedure,” said Thomas Schaufler, chief retail officer of Erste Bank.

In other countries such as Germany, the procedure has been already approved for quite some time, which enabled fintech companies to offer this easy identification process in Austria as well.

“Our introduction of online video identification also eliminates what had previously been a significant competitive advantage for fintech companies,” Schaufler notes. Prior to the FMA’s recently-issued regulation, banks had not been permitted to provide this service in Austria.

The number of number of online-based current account openings at Erste Bank and Sparkassen grew by 40% last year. This increase in the share of online applications shows that the Austrian market is ripe for online video identification. Tablets, smartphones and nearly every laptop are equipped with cameras, and thanks to the newly-approved procedure, switching from one bank to another will from now on be even faster and simpler in Austria.

Opening an account takes less than 10 minutes

● Upload the photograph in a government-issued photo ID

● Data is automatically transferred from the ID to the relevant form

● Completion of personal data

● Selection of preferred bank branch on a city map via geolocation feature

● Identification via video chat using the IDnow Video-Ident solution

The service is available at https://www.erstebank.at/girokonto between 8 am and 12 pm on any day of the week. Currently, online video identification can be used for opening current accounts and student accounts, but the service will also become available for applying for other products over the course of this year.

IDnow in partnership with Sparkassen Group

IDnow, one of the leading suppliers of video identification and e-signature solutions in Europe, provides integration both in iOS and Android apps. With the aid of the software development kit (SDK) of IDnow, video identification can be seamlessly integrated into Erste Bank's digital banking platform – both at the front end interface with customers and the back end. The verification method of IDnow is in legal compliance with all Austrian and European data protection and authentication regulations.

Michael Sittek, managing director of IDnow on the partnership with Erste Bank: “Erste Bank is offering exceptionally innovative and user-friendly online banking services to its customers. Our video-ident process complements the user experience perfectly. It facilitates a seamless transition from opening an account to handling banking transactions for Austrian customers of Sparkassen. For users, identification with ID now video-ident is comfortable, fast and legally secure.”

Taguri: Erste Bank  banks  tehnologii bancare  

Comentarii



Adauga un comentariu
Nume *:

E-mail *:
(nu se afiseaza pe site)
Subiect:
*
Comentariu:

Turing Number

Tastati codul din imagine (doar cifre)  



Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: ENGLISH



National Bank of Romania decisions on monetary policy

In its meeting of 5 April 2017, the Board of the National Bank of Romania decided the following: - to keep unchanged the monetary policy rate at 1.75 percent per annum; - to pursue adequate liquidity management in the banking system; and - to maintain the existing levels detalii

BBVA raises stake in Garanti to 49.85%

BBVA has agreed to acquire 9.95% of Turkiye Garanti Bankasi from Dogus Group for approximately a total of 3.32 billion Turkish lira (€859 million)¹, increasing its stake in Turkey’s largest bank by market capitalization to 49.85%. The acquisition of the additional stake would detalii

Garanti Bank rating outlook revised to stable from negative

Fitch Ratings has revised Romania-based Garanti Bank S.A.'s (GBR) Outlook to Stable from Negative, and affirmed the Long and Short-Term Issuer Default Ratings (IDRs) at 'BBB-'/'F3' and Support Rating at '2'. GBR's Viability Rating of 'b+' is not affected by this rating action. Fitch has detalii

Unicredit to post a record loss of Euro 11.8 billion

Unicredit Group financial results are impacted by a number of negative non-recurring items of which approximately Euro 12.2 billion were disclosed at UniCredit's Capital Markets Day, on December 13th, 2016, in the context of the presentation of the 2016-2019 Strategic Plan ("Transform 2019"), detalii

Ultimele Comentarii