Are Turkish Banks & Consumers Ready for Digital Account Opening?
97% of Turkish respondents in new survey say they would open a financial account fully online Turkish banks are engaged in a debate about how far they will go in using biometrics to identify new customers when they open accounts, an important enabler of digital account opening. Indications from the Turkish regulator in March 2020 seem to be supportive, and legal interpretation is ongoing. While some banks are pressing ahead and realizing the benefits of…
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