Stories: banking

Illustration of an identity card linked by a dashed line to a blue central records database and on to a document marked with a tick, showing a KYC record retrieved and updated

re-KYC · Oct 24

Re-KYC and CKYC: When Banks Need Fresh Documents

What re-KYC updates, how CKYC reduces repeat paperwork, and when a bank may still need fresh documents.

A bank building with an arrow pointing to a ring chart with a 10 per cent segment highlighted

RBI Opens a One-Time Approval Route for Bank Shareholding by Funds

Mutual funds, insurers and pension funds can seek one RBI approval to rebuild bank stakes up to 10%.

Model bank buildings connected by a direct payment rail.

Payment infrastructure · Mar 4

Kraken Financial Gets a Limited Fed Account: What the Approval Covers

Kraken's banking subsidiary gains a one-year limited account, with institutional payments planned.