New Delhi, March 13 -- India, March 13, 2025:As financial fraud tactics become increasingly sophisticated, regulators worldwide are tightening identity verification standards to combat risks such assynthetic identity creation, deepfake fraud, and document forgery. In India, theReserve Bank of India (RBI) has introduced stricterDigital KYC guidelines, requiring financial institutions to implementlive authentication, AI-driven security checks, and enhanced audit trails while ensuring a seamless onboarding experience.

However, compliance with these regulations presentssignificant challenges. Traditional KYC methods-such asmanual document verification and in-person authentication-areslow, costly, and prone to errors. Moreover, as fraudulent ...