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Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

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01. April 2019.

FIC Views Promoted on Video Identification

In the interview for Novosti on April 1, Digital and E-Commerce Committee Vice President Marija Djindjic promoted the importance of the Decision on Video Identification and explained the benefits it could bring for customers.

She explained that the Decision enables to identify customers on distance in order to sign a contract and make various transactions, such as to open an account, agree on life insurance policy, or sign a credit or leasing contract. “FIC welcomes the readiness of the NBS to adopt such important decision in a very short timeframe”, FIC Digitalization & E-Commerce Committee Vice President said. This innovation will benefit the most to the new generation of customers, who rarely come to the bank offices and virtually never meet the insurance agents, she said. Marija Djindjic also noted that the Committee will now work on the education of citizens. Asked about such decisions in the countries on higher level of digital development, she said that there are possibilities to make transaction in any time of day and night, and that there are centralized registers of identified clients accessible to financial institutions. In some markets the identification is possible via biometric artificial intelligence through fingerprints, pupils or face recognition, she added. Marija Djindjic outlined another improvement from 2018, when it was enabled to sign a contract without qualified electronic certificate by a two factor authentication for the contract worth up to the 600,000 dinars. The text can be accessed here below.

 

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