KYC
Search documents
X @BSCN
BSCN· 2025-12-09 14:10
RT BSCN (@BSCNews)📣 Pi Network's KYC process has created much discussion (and even controversy)... But these major changes could silence the critics forever.- Users can activate their mainnet wallet without completing the initial 30 mining sessions.- The process has been enhanced using AI-technology- Reliance on third party tech providers has been decreasedBut these are just some high level details... Here's what 'Fast-Track KYC' really means ⬇️ https://t.co/rKBB7DuqW5 ...
X @BSCN
BSCN· 2025-12-09 10:10
RT BSCN (@BSCNews)📣 Pi Network's KYC process has created much discussion (and even controversy)... But these major changes could silence the critics forever.- Users can activate their mainnet wallet without completing the initial 30 mining sessions.- The process has been enhanced using AI-technology- Reliance on third party tech providers has been decreasedBut these are just some high level details... Here's what 'Fast-Track KYC' really means ⬇️ https://t.co/rKBB7DuqW5 ...
X @BSCN
BSCN· 2025-12-09 07:02
📣 Pi Network's KYC process has created much discussion (and even controversy)... But these major changes could silence the critics forever.- Users can activate their mainnet wallet without completing the initial 30 mining sessions.- The process has been enhanced using AI-technology- Reliance on third party tech providers has been decreasedBut these are just some high level details... Here's what 'Fast-Track KYC' really means ⬇️ https://t.co/rKBB7DuqW5 ...
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-12-03 17:32
‼️ @idOS_network isn’t just another launch, it’s the missing layer Web3 kept pretending it didn’t need.🔸Faster onboarding, zero repeated KYC, privacy intact.This one is built for real adoption.TGE is near, i am very hyped 🔥THE HUNTER ✴️ (@TrueGemHunter):Very bullish on @idOS_network, community sale is complete, TGE is coming this monthWhy idOS? 👇idOS network has lots of use cases, from DeFi and lendingwhere it helps onboarding without repeated KYC to proving identities without exposing personal data.Very go ...
RBI imposes monetary penalty on HDFC Bank for lapses in KYC, interest rate and outsourcing compliance
The Economic Times· 2025-11-28 11:45
Core Viewpoint - The Reserve Bank of India (RBI) has imposed a penalty of ₹91 lakh on HDFC Bank for violations related to the Banking Regulation Act, specifically concerning compliance with interest rates on advances, outsourcing of financial services, and Know Your Customer (KYC) norms [5]. Compliance Violations - HDFC Bank was fined for using multiple benchmarks within the same loan category, which is against regulatory guidelines [3][5]. - A wholly owned subsidiary of HDFC Bank engaged in non-permissible business activities as defined under Section 6 of the Banking Regulation Act [3][5]. - The bank outsourced the KYC compliance checks for certain customers to external agents, which is a compliance issue highlighted by the RBI [3][5]. Regulatory Process - The penalty order was issued on November 18, 2025, following a Statutory Inspection for Supervisory Evaluation that reviewed the bank's position as of March 31, 2024 [2][5]. - The RBI issued a show-cause notice to HDFC Bank based on supervisory findings and reviewed the bank's response before taking action [2][5]. Clarification on Penalty - The RBI clarified that the penalty is focused solely on compliance issues and does not affect the validity of any transactions or agreements made by the bank with its customers [5]. - The penalty is stated to be "without prejudice" to any further actions that may be initiated by the RBI against HDFC Bank [5].
