Articles with tag like: Aadhaar

Found 46 results in 985 milliseconds.

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

Voice of the Industry | Payments General | 30 Apr 2020

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

News | Digital Identity, Security & Online Fraud | 28 Apr 2020

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

Indian government ponders over biometric multi-factor authentication

News | Digital Identity, Security & Online Fraud | 21 Feb 2020

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

News | Digital Identity, Security & Online Fraud | 20 Sep 2019

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

News | Digital Identity, Security & Online Fraud | 02 Sep 2019

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

News | Digital Identity, Security & Online Fraud | 27 Aug 2019

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

News | Digital Identity, Security & Online Fraud | 30 Jul 2019

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

News | Payments General | 10 Jul 2019

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

News | Digital Identity, Security & Online Fraud | 30 May 2019

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

News | Digital Identity, Security & Online Fraud | 20 May 2019

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

News | Digital Identity, Security & Online Fraud | 04 Apr 2019

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

News | Digital Identity, Security & Online Fraud | 27 Mar 2019

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

News | Digital Identity, Security & Online Fraud | 04 Mar 2019

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

News | Digital Identity, Security & Online Fraud | 21 Feb 2019

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

News | Digital Identity, Security & Online Fraud | 19 Feb 2019

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

News | Digital Identity, Security & Online Fraud | 13 Feb 2019

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

Voice of the Industry | Expert Opinion | 06 Feb 2019

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

News | Digital Identity, Security & Online Fraud | 22 Jan 2019

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

News | Digital Identity, Security & Online Fraud | 07 Jan 2019

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

Financial service providers seek access to Aadhaar

News | Online Payments | 19 Dec 2018

Financial service providers in India have shared hopes to regain access to Aadhaar-based verification, Economic Times reports.

India, Aadhaar, payments, fintech, onboarding, digital identity, bank