In Russia, it was proposed to give banks access to data on the spouses and children of borrowers

Izvestia: RF banks want to provide access to data on spouses and children of borrowers and children of potential borrowers. For this, the use of the “Digital Profile” is being considered, Izvestia reports.

Information from the unified state register of the registry office was required by financial organizations after the corresponding marks in the passport became optional. Information about children and marriage is required to assess a citizen's spending and ability to pay. In addition, there are risks of challenging transactions and difficulties in identifying heirs.

It is noted that work on the withdrawal of information through the “Digital Profile” is being carried out by the Ministry of Digital and the Federal Tax Service. It is planned to expand this list.

Andrei Yemelin, President of the National Council of the Financial Market, noted that most banks will connect to the system after 2022. According to him, the Central Bank supports the provision of information about spouses and children to assess risks and ensure the rights of family members of the borrower.

The Bank of Russia explained that the Russians have given more than eight million consents to transfer data through the Digital Profile, which speaks of its relevance both among financial organizations and among citizens. This channel allows you to provide services in digital form and reduces the cost of verifying information and document flow. Currently, banks can get 38 types of data about a person through it.

Previously, banks have found a new way to protect customers from fraudsters. Thus, VTB will provide all of its clients with the opportunity to limit the receipt of a loan through the Internet bank or a mobile application. In this way, clients can better protect themselves from fraudsters who use social engineering methods to obtain borrowed funds. Thanks to the new method of protecting clients, a fraudster will not be able to get a loan, even if he provides all the information about the borrower and does not find out the reason for the refusal.