DIGI plans to bring a whole new experience for the retail customers as well as financial institutions for digital onboarding of the customers and in the process achieve compliance.
DIGI KYC is an inhouse tool catering to digital onboarding. It is an AI driven KYC solution fully compliant with guidelines issued in latest FATF guidance on digital identity. Digital KYC process is also included in joint guidance from the local regulators issued on 5thMay 2020 on the treatment of financial crime risks and obligations in the UAE in the context of the covid-19 crisis. DIGI-KYC helps to automate, streamline, and standardize Know Your Customer (KYC) processes. The solution leverages AI, Robotics Process Automation (RPA) and integrations to solve various operational challenges.
