Article: The upcoming introduction of online identity verification methods in Swiss banks

Article: The upcoming introduction of online identity verification methods in Swiss banks

Thursday, 26 November, 2020

 

The Swiss Financial Market Supervisory Authority FINMA proposes revisions of the circular on “Video and online identification” to introduce online identity verification methods in Switzerland’s financial institutions. By scanning clients’ biometric chips and asking them to additionally confirm their identity by making a bank transfer or scanning the biometric information document chip, banks eliminate the need for in-person verification.

Here you will find the full version of the article

 
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