PBA Creates Shared e-KYC Platform for Financial Institutions
The Pakistan Banks Association (PBA), under the guidance of the State Bank of Pakistan (SBP), is spearheading the development of a “shared e-KYC platform” for banks and financial institutions. The primary objective is to enhance efficiency in KYC compliance and streamline customer onboarding processes. The shared e-KYC platform offers various benefits to banks, including the…