On February 19, President of Belarus Alexander Lukashenko signed Decree No. 64, which creates additional conditions for the further development and improvement of remote financial services. This was reported to BELTA by the press service of the Head of State.
In particular, the document expands the range of legal entities entitled to remotely identify clients and conduct due diligence on their data using the interbank identification system.
To enhance the security and quality of the services provided, the requirements for conducting remote identification, including when using biometric personal data, are detailed.
The aforementioned measures create conditions for further expanding the range of remote financial services and increasing their convenience for users. For example, with a single mobile application, it will be possible to use accounts or bank payment cards of different banks without undergoing an authentication procedure for each of them. Obtaining a bank loan for the purchase of goods from retail organizations will also become more convenient and faster.
Furthermore, the possibilities of using ID cards will be significantly expanded. Their holders will be able to remotely receive financial services from any financial organization without visiting a bank or payment service provider, pay for any administrative procedures, and make other payments requiring data verification.
Source: belta.by