Emirates NBD introduces contactless identity verification to open new accounts on mobile
reporters@khaleejtimes.com
Filed on January 10, 2021
Emirates NBD’s TruID digital identity verification solution was developed as part of the bank’s collaboration with fintechs VisionLabs and Smart Engines. —
Wam
TruID digital identity verification solution leverages NFC technology; Customer identification information read electronically from Emirates ID and biometric passport
Emirates NBD became the first bank in the region to allow new customers to have their identity documents verified using contactless NFC technology when opening a bank account via its mobile banking application.
Suvo Sarkar, senior executive vice president and head of retail banking and wealth management, Emirates NBD said: “As a front-runner in digital banking innovation, Emirates NBD continues to leverage technology to deliver superior customer experiences. Our mobile account opening service is being increasingly used by customers to open a new account instantly from their smartphones and this new verification solution ensures a more secure and robust process.”