Right in the first week after the app electronic know your customer/client (e-KYC), the Tien Phong Commercial Joint Stock Bank (TPBank) has seen nearly 5,000 customers registering to open their accounts through the bank’s mobile app.
The Bank of Thailand (BoT) is finishing the testing of facial recognition software for the electronic Know Your Customer (e-KYC) technology in the regulatory sandbox, paving the way for banks to offer passbook account opening through mobile banking apps in the second quarter of 2019.
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