Prove Identity

Anyone who has ever cashed in a cheque would have realized how cumbersome and lengthy the process is given the digital age we live in.

In a move to ensure that the transactions are not routed through any third-party website (payment gateways, other competitors), banks are trying their hands at housing mini online stores.

Here’s a list of mobile-only banks that are defining the industry today:

Canada is testing a new airport security and screening system that will allow travelers to digitize and share travel documents & biometric information.