Ondato: Launches virtual branch service

Ondato: Launches virtual branch service

  • Ondato,​​ a KYC and AML company that provides video-based ID verification systems to banks as part of its technology
  • Launches a virtual branch service solution that enables physical, digital and hybrid banks to provide customers
  • The new solution has the security tools necessary for safe and remote service delivery, including identity verification
  • In addition to being able to conduct tasks from the convenience of any place
  • The service makes it easy to make sure that customers are who they say they are and paves the way to providing services remotely
  • Solution ensures even workload distribution across physical bank networks by allocating associates to quieter branches
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app.Highlights: Ex-Revolut staffers raise $6M in funding.New app...