MTS PJSC (MOEX: MTSS), a digital ecosystem, won the National Banking Award in the category “Best Solution for Complete Online Identification of Bank Customers” for its remote user identification product.

MTS won the National Banking Award

The MTS remote identification product is the first solution on the Russian market that combines seven data collection, recognition and verification systems. With its help, companies can quickly verify information about people and protect themselves from fraudulent actions by unscrupulous users. In addition, the service allows you to reduce the time it takes for customers to fill out questionnaires on the organization’s website several times. The solution is aimed at credit institutions, microfinance organizations, brokers, insurance companies, as well as those who work remotely with individuals.

Data verification within the service is done in several ways. The first is to check a combination of full name and passport data through the open systems of the Federal Tax Service and the Ministry of the Interior. The second method is to check the combination of full name and telephone number to confirm the information that the customer who makes a request for the provision of a service uses the specified telephone number. At the request of the company, the data received from the client can be enriched with information collected from open data sources: analysis of credit risks according to credit history bureaus; information on bankruptcy and execution proceedings; tax arrears, etc.

“Today, three criteria are important for users of banking services when contacting a financial company: the security of data transmission, the receipt of services at the time of request and, consequently, the trust in the credit institution. And the MTS remote identification solution helps our clients maintain the appropriate level of trust of the final recipient of banking services. We thank the National Banking Journal for the high rating of our identification work and we plan to continue developing the product.””commented the head of the Identity MTS stream, Kristina Katkova.


Irina Pecherskaya

Source: RB

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