Articles with tag: aadhaar

Found 25 results in 206 milliseconds.

India's fintech revolution: why and what's next?

30 Apr 2020 | Payments General

Angaj Bhandari, FIME India: Undoubtedly, India has all the ingredients for a world-leading fintech scene; as this sector matures, supporting its advancing open banking and innovation efforts will be fascinating

Angaj Bhandari, FIME India, fintech, open banking, innovation, banking, API, payments, Aadhaar, Unified Payments Interface, UPI

Insurance companies able to use Aadhaar biometrics, UIDAI for e-KYC checks

28 Apr 2020 | Digital Identity, Security & Online Fraud

Biometric Update has reported that Aadhaar biometrics and Unique Identification Authority of India (UIDAI) services can now be used on a voluntary basis for authentication by 29 insurance companies to meet KYC requirements. 

insurance, securities, India, e-KYC checks, Aadhaar, biometrics, onboarding, banking, government, authentication, KYC, financial market, security, standards, regulations

Airtel Payments Bank rolls out Aadhaar-enabled payment system

02 Mar 2020 | Online Payments

Airtel Payments Bank has launched the Aadhaar enabled payment system (AePS), to help people perform transactions at over 250,000 of its banking points across India.

Airtel Payments Bank, Aadhaar enabled payment system, AePS, India, online transactions, online payments, banking points, digital payments, mobile payments QR payments, Asia, APAC

Indian government ponders over biometric multi-factor authentication

21 Feb 2020 | Digital Identity, Security & Online Fraud

The Indian government has been considering implementing multi-factor authentication for digital transactions in the country to boost payment security.

Indian government, India, biometric, eKYC, Aadhaar, multi factor authentication, fraud prevention

Mastercard, ACPL back Syntizen for Aadhaar-based digital ID product

20 Sep 2019 | Digital Identity, Security & Online Fraud

Syntizen Technologies, a digital identity provider, has received pre-series A funding from Mastercard and ACPL to strengthen its Aadhaar-based product offering.

Syntizen Technologies, funding, digital identity, identity check, customer onboarding, India, Mastercard, Aadhaar

Reserve Bank of India extends deadline for complying with KYC norms

02 Sep 2019 | Digital Identity, Security & Online Fraud

The Reserve Bank of India (RBI) has extended the deadline for complying with KYC norms, so mobile wallet providers have time until 29 February 2020.

Reserve Bank of India, KYC, compliance, mobile wallets, Aadhaar, onboarding

NBFCs receive permission to use Aadhaar-based bank KYC to give loans

27 Aug 2019 | Digital Identity, Security & Online Fraud

Non-banking financial companies have been permitted to use the Aadhaar-based bank mandated KYC to avoid repeating the process for the customers.

NBFCs, Aadhaar, banks, KYC, loans, non-banking, KYC, financial institutions, eKYC, PMLA, money laundering

NEXT Biometrics to offer its fingerprint sensor tech to TROIKA for Aadhaar payment solutions

30 Jul 2019 | Digital Identity, Security & Online Fraud

NEXT Biometrics has revealed that TROIKA Transsolutions will use NEXT`s certified sensor technology as part of its financial transaction platform for the Indian market.

TROIKA, NEXT Biometrics, fingerprint, Aadhaar, payment solutions, money transfer, sensor technology, risks, India

Wirecard, YES BANK to drive financial inclusion in India

10 Jul 2019 | Payments General

Wirecard has signed an agreement with YES BANK to continue driving financial inclusion in India.

Wirecard, YES BANK, financial inclusion, India, Aadhaar, retail

RBI allows banks to use Aadhaar for e-KYC

30 May 2019 | Digital Identity, Security & Online Fraud

The Reserve Bank of India has affirmed that banks can now use Aadhaar for KYC verification, only in cases where consent is given by the customer.

RBI, ban, banks, Aadhaar, e-KYC, India, verification, consent, KYC, identification, privacy, open banking, accounts, identity proof, compliance, wallet, financial institutions, authentication

India: Aadhaar biometric KYC authentication considered for fintechs

20 May 2019 | Digital Identity, Security & Online Fraud

Digital financial services companies in India have been given the possibility to soon be able to authenticate customers with biometrics using Aadhaar.

India, Aadhaar, biometrics KYC, authentication, fintechs, government, digital financial services, non-bank financial service, security, ML, RBI, financial regulators, regulations, UIDAI

Indian citizens allowed to use Aadhaar to open bank accounts

04 Apr 2019 | Digital Identity, Security & Online Fraud

India’s cabinet has granted permission to Indian citizens to use Aadhaar’s digital ID to open bank and mobile phone accounts.

Aadhaar, India, biometrics, KYC, bank accounts, mobile accounts, data, authentication

Basewin Technology plans to incorporate NEXT Biometrics` Aadhaar sensor tech in POS terminals

27 Mar 2019 | Digital Identity, Security & Online Fraud

Shanghai-based Basewin Technology has started to integrate NEXT Biometrics’ Aadhaar-certified fingerprint sensor modules into POS terminals.

Basewin Technology, NEXT Biometrics, Aadhaar, certified sensor, POS, terminals, fingerprint, China, finance, Shanghai, China

NEXT Biometrics becomes supplier for the POCRA project

04 Mar 2019 | Digital Identity, Security & Online Fraud

NEXT Biometrics has announced that it has been selected as supplier of Aadhaar-certified fingerprint readers for the POCRA project in India.

NEXT Biometrics, Aadhaar, POCRA, fingerprint, World Bank, authentication, government, bank accounts, payments, direct transfers

NEXT Biometrics is given new orders for Aadhaar-certified tech

21 Feb 2019 | Digital Identity, Security & Online Fraud

NEXT Biometrics has announced that it received more orders for its Aadhaar-certified fingerprint tech, thus continuing to be a player in the Indian market.

NEXT Biometrics, Aadhaar, India, biometrics, fingerprint, payments, pension service, partnership, AqTronics Technologies, POS, MobiOcean, Telpo

Millions of Aadhaar numbers leaked by Indias state gas company

19 Feb 2019 | Digital Identity, Security & Online Fraud

Indane, India’s state-owned gas company, has left unprotected a part of its website for dealers and distributors, leaving millions of Aadhaar numbers exposed.

Indane, Aadhaar, biometrics, security breach, India, fraud prevention, online security, digital identity, online security

NEXT Biometrics fingerprint tech used by MobiOcean for Aadhaar payment solution

13 Feb 2019 | Digital Identity, Security & Online Fraud

NEXT Biometrics’ Aadhaar-certified sensor module has been chosen by MobiOcean Technologies to be used for authentication and mobile payments.

MobiOcean, NEXT Biometrics, fingerprint, Aadhaar, payments, India, UPI, wallets, biometrics, security, government, authentication

Making sense of digital identity

06 Feb 2019 | Expert Opinion

Steve Pannifer, COO, Consult Hyperion: “Digital identity needs to be focused on providing the customer with the ability to move seamlessly (and securely) from one digital service to another”

Steve Pannifer, Consult Hyperion, digital identity, eIDAS, GOV UK Verify, Nordic ID, Aadhaar, financial inclusion, self sovereign identity

Identity Devices rolls out Biometric Privacy Platform for Aadhaar

22 Jan 2019 | Digital Identity, Security & Online Fraud

Identity Devices, a digital identity and biometric technology company, has announced a new Biometric Privacy Platform for Aadhaar.

Identity Devices, biometrics, data privacy, Aadhaar, digital identity

Voluntary Aadhaar biometric authentication proposed for bank and telecom customers

07 Jan 2019 | Digital Identity, Security & Online Fraud

India’s government has proposed a legislation to allow customers to volunteer their biometrics for identity verification for banking, telecom, and other services.

Aadhaar, biometrics, authentication, banks, telecom, India, identity verification, regulations, PSP