Almost all financial transactions have moved online in India, where UPI takes a major chunk of consumer transactions daily. To provide a more convenient and efficient platform, the government of India ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Aadhaar enabled payment system or the ...

With this, the PoS will be able to determine whether the fingerprint being used belongs to a person who’s alive or not The government has around 5 Mn AEPS PoS machines across the country, of which 3.5 ...

In recent weeks, several bank account holders across India have woken up to find their accounts emptied—without performing any transactions themselves. The culprit? Aadhaar-based biometric fraud ...

The Unique Identification Authority of India (UIDAI) has advocated for the use of the Aadhaar biometric database for face authentication to process high-value financial transactions, according to a ...