Banks, telecom companies to chuck OTPs, adopt silent authenticationBanks and telecom companies are developing a silent authentication mechanism to combat SIM cloning and eSIM swaps. This background check ve...
02 Apr, 2026, 08.28 PM IST
RBI cancels registration certificates of 2 NBFCs for irregular lending practicesHyderabad-based Star Finserv India was offering the service under 'Progcap' (owned and operated by Desiderata Impact Ventures Private Limit...
08 Jul, 2024, 08.23 PM IST
Digital fraud-hit banks turn to startups to cope with risksLegacy financial institutions turn to startups like Data Sutram for tech support in customer verification. Data Sutram's 'DS Authenticator ...
06 May, 2024, 06.01 AM IST
No ATM PIN for online transactions and other measures to make digital payments safeThe guidelines state that payment aggregators, such as Razorpay, CC Avenue etc., will now have to stop giving the option of using ATM PIN t...
19 Mar, 2020, 03.32 PM IST
Telcos back QR Code-based e-KYC method vs AadhaarTelcos say high cost of using Aadhaar database will force operators to transfer the expenses to the customer.
14 Jul, 2019, 11.22 AM IST
New offline KYC rules will ease fintech's pains for nowThe banking regulator’s move has opened up opportunities for the fintech sector, with innovative means of leveraging the Aadhaar database.
31 May, 2019, 11.11 AM IST
Fintech companies seek access to AadhaarWithout legal backing, the JAM (Jan Dhan-Aadhaar-Mobile) trinity has been severely curtailed and has thrown up hurdles for digital expansio...
19 Dec, 2018, 07.15 AM IST
RBI mulls live video authentication for customer verificationRBI proposed a method of using XML internet format to extract limited information Aadhaar database.
10 Dec, 2018, 08.43 AM IST
Telecom operators propose new e-KYC process as alternative to AadhaarThe TSP will generate and send a five digit pin to an alternate number provided by the customer.
10 Oct, 2018, 09.44 PM IST
Airtel Payments Bank can’t get new customersAround 30 lakh customers were impacted by the move, with many complaining that they had not signed up for Airtel Payments Bank, but had onl...
27 Jun, 2018, 11.41 AM IST
8.7 lakh telecom subscriber forms non-compliant with norms: Manoj SinhaRecently, the Supreme Court has directed re-verification of all existing mobile subscribers through Aadhaar-based eKYC preferably within on...
29 Mar, 2017, 05.06 PM IST
Bharti Airtel to deploy e-KYC solution in 5,00,000 storesOn a daily basis, over 50,000 subscribers, including those in rural India, are activating their Airtel mobile SIMs using Aadhaar-based digi...
18 Sep, 2016, 03.15 PM IST
Customer verification penalty on telcos at Rs 2,513 croreA total penalty of Rs 2,513.44 crore has been imposed on telecom operators for violating customer verification norms as on September 30 thi...
10 Dec, 2015, 03.44 AM IST
- Ease customer verification rules for mobile SIM in J&K: Telecom operators
Telecom operators have blamed late response from local police in customer verification for delay in granting new mobile connections in Jamm...
29 Jul, 2015, 09.37 PM IST
Rs 2179.41cr penalty imposed on telecom companies for violating CAF rulesThe minister said the Department of Telecommunications (DoT) issued latest instructions on August 9, 2012, on subscriber verification.
10 Dec, 2014, 04.41 PM IST
Instant Aadhaar-linked ID verification for mobile connectionsGovernment is likely to finalise norms by the end of this year that will enable instant identity verification using Aadhaar card biometrics...
08 Sep, 2013, 04.42 PM IST
- 30 lakh cellphones disconnected
So far, nearly 30 lakh cellphone subscribers have been disconnected from their respective networks across the country due to either incompl...
14 Oct, 2010, 01.35 AM IST