TEHNOLOGII BANCARE | 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  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



Risks may arise with some cross-border electronic invoice and card services

Budapest, February 24, 2020 – The MNB supports fintech innovations that enable simpler, cheaper financial services, but only if they guarantee financial stability and customer safety. Although its consumer protection supervision tools against cross-border fintech companies are limited, the detalii

ING posts 2Q 2022 net result of €1,178 million, supported by increased income and modest risk costs

ING statement: ING posts 2Q2022 net result of €1,178 million, supported by increased income and modest risk costs

2Q2022 profit before tax of €1,743 million; capital position remains strong with a 14.7% CET1 ratio

Higher net interest income, supported by an increase in liability margins

Increases in both customer lending and customer deposits highlight the strength of our universal banking model

Risk costs in the quarter were modest as book quality remains strong

Hyperinflationary conditions in Turkey require application of IAS 29, which combined with a goodwill impairment had an impact of €-277 million on net profit, but the impact on CET1 was slightly detalii

Sale of Raiffeisenbank (Bulgaria) EAD to KBC Bank closed

The sale of Raiffeisenbank (Bulgaria) EAD to KBC Bank, agreed upon in November 2021, was successfully closed today, said the bank in a statement.

The sale has a positive impact of c. 75 basis points on RBI’s Group CET1 ratio, based on the agreed selling price of EUR 1,009 million, closing equity of EUR 588 million, and the deconsolidation of EUR 3.1 billion RWA.

As all conditions for the completion of the transaction, including all necessary regulatory approvals, were met in June 2022, the deconsolidation of Raiffeisenbank (Bulgaria) EAD is effective 30 June 2022. Accordingly, the transaction will be reflected in RBI’s second quarter financial results. Subject to ECB approval, the CET1 impact will also be recognized in RBI’s Q2 capital detalii

Willi Cernko appointed new CEO of Erste Group

At an extraordinary meeting held today, the Supervisory Board of Erste Group appointed Willi Cernko as the new CEO of Erste Group Bank AG effective 1 July 2022. As CEO, Cernko succeeds Bernd Spalt, who had previously announced that he would not seek a renewal of his contract, according detalii

 



Profil de Bancher

Toate Profilele

 

Ultimele Comentarii