The National Payment Corporation of India is reportedly set to enable Aadhaar-based face authentication for high-value financial transactio...

With this, Airtel Payments Bank is amongst the first four banks to offer face authentication for AePS in the country, the telco added. The ...

Aadhaar OTP authentication instead of debit card for customer onboarding on Unified Payments Interface (UPI) to allow customer onboarding o...

The current mode of biometric authentication used for vetting credentials in the AePS system — fingerprint scanning — is not in line with d...

Government is hesitant to allow these nonbanks direct access to the UIDAI database.

A total of 6.65 crore Indian citizens availed banking services through AePS platform in July, NPCI said.

The retail payments body has asked banks to implement both the emandate measures by June 30.

Many financial technology companies were entirely dependent on Aadhaar-based electronic KYC, which was a quick, cheap and secure way to ver...

UIDAI said the matter has been carefully examined, and the apex court has upheld the constitutionality of the Aadhaar programme, specifical...

Digital lenders are set to see operational costs increase as they will no longer be able to use a completely paperless model for automated ...

While Unified Payments Interface and BHIM are processes for peer-to-peer transactions using smartphones, the government is promoting Aadhaa...

Aadhaar Pay is meant for merchants to receive digital payments from customers over the counter through Aadhaar authentication.

"Eko has successfully integrated with Aadhaar Based Remittance Service (ABRS) extended by NPCI," the fintech firm said in a release.

This system is based on demographic and biometric/iris information of an individual, which eliminates the threat of any fraud and non-genui...

Creation of the National Financial Mapper will enable banks to remit money to individuas based on any one identifier including mobile numbe...

"We are planning to go for pilot of a virtual RuPay card over the next 4-5 months," NPCI Managing Director and Chief Executive A P Hota sai...

Transactions made through Aadhaar payment bridge system of National Payment Corporation of India reached a new milestone with total number ...