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The new process introduces a unified national approach that supports both financial institutions and fintech companies, delivering a faster and more reliable digital onboarding experience for individuals and businesses, while substantially reducing turnaround times and operational costs.
“The development of the e-KYC Platform represents a strategic transformation towards a more efficient and resilient financial ecosystem,” said Al Dhaheri. “Through this platform, we are enabling the sector to move away from resource-intensive traditional…
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