UBS Links With Regula to Automate Onboarding
UBS has partnered with identity verification and forensic solutions developer Regula to create a ‘new experience’ for opening accounts and accessing banking products.
According to UBS, instead of real-time video interviews, which were previously required by UBS to verify new customers, the enrolment process is now fully automated, available 24/7, and takes just a few minutes with as little action from the customer as possible.
UBS said this is all possible thanks to Regula’s identity verification solutions that recognise and authenticate documents in a snap and compare document portraits with users’ selfies to ensure their identities are genuine.
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