The Central Bank will carry out a video identification experiment of bank customers. In addition to convenience for customers, identification will provide additional security. Banks proposed to start opening accounts via video calls already in 2020, but the Central Bank then asked that this mechanism be worked out in detail.
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The Bank of Russia plans to launch video identification of bank clients in 2024 as part of an experimental legal regime. This was announced by the Vice President of the Central Bank, Olga Polyakova, according to Interfax.
According to Polyakova, such identification, in addition to being convenient for the bank’s client, will provide additional security. The bank will be able to verify personal data with those that are visible on the screen, the Central Bank said.
Additionally, high-quality video customer identification could help identify cases of card use by strangers and prevent cash withdrawals through ATMs.
Author:
Kirill Bilyk
Source: RB
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