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Fintech companies seek access to Aadhaar

Without legal backing, the JAM (Jan Dhan-Aadhaar-Mobile) trinity has been severely curtailed and has thrown up hurdles for digital expansion by fintech companies and banks.

Fintech companies seek access to Aadhaar

Without legal backing, the JAM (Jan Dhan-Aadhaar-Mobile) trinity has been severely curtailed and has thrown up hurdles for digital expansion by fintech companies and banks.

Aadhaar amendments: New offences to attract steep fines, 10-year jail

In September, the Supreme Court struck down Section 57 of the Aadhaar Act, which allowed data to be shared with private entities for verification.

Aadhaar amendments: New offences to attract steep fines, 10-year jail

In September, the Supreme Court struck down Section 57 of the Aadhaar Act, which allowed data to be shared with private entities for verification.

Telcos say QR code as good as biometric authentication

Reactions based on move to amend relevant Acts to comply with SC ruling on privacy and Aadhaar.

Aadhaar Act amendments propose enhanced powers to UIDAI, stiff penalties for violation of norms

Also, the Telegraph Act and Prevention of Money Laundering Act (PMLA) rules will be amended to provide for voluntary use of Aadhaar for obtaining SIMs and opening bank accounts.

Aadhaar verification to resume through QR code authentication

This will come as an immediate relief for the telecom and banking sectors even as government moves legal changes for voluntary use of Aadhaar by these sectors.

Aadhaar verification to resume through QR code authentication

Authentication by Aadhaar through QR codes and other means will likely be available in a few weeks.

Cabinet gives nod to make Aadhaar voluntary for mobile, bank accounts

The Cabinet approved amendments to the Telegraph Act and the PMLA on the use of Aadhaar by private firms.

Cabinet gives nod to make Aadhaar voluntary for mobile, bank accounts

The Cabinet approved amendments to the Telegraph Act and the PMLA on the use of Aadhaar by private firms.

Government gets into the act to ensure Aadhaar linkage

The govt is considering amendments to the Telegraph Act & the Prevention of Money Laundering Act.

Government gets into the act to ensure Aadhaar linkage

The govt is considering amendments to the Telegraph Act & the Prevention of Money Laundering Act.

Market Movers: Massive farm loan waiver in MP, LIC stock purchases under radar & S&P warning over RBI spat

S&P Global Ratings said the circumstances that led up to the recent resignation of Urjit Patel as RBI governor were credit negative for the country.

Lost your Aadhaar card? Here's how you can get it reprinted

Earlier, if you lost your Aadhaar card, you could not get it reprinted. You had to download e-version from the UIDAI website and present it as identity proof which was acceptable.

Linking of Aadhaar & Voter ID may be made mandatory

Election commission plans to propose amendments to the Representation of the People Act.

Linking of Aadhaar & Voter ID may be made mandatory

Election commission plans to propose amendments to the Representation of the People Act.

Voter ID, Aadhaar to be linked soon to ensure accuracy on electoral rolls

The Election Commission of India is preparing to pitch for the mandatory, legally backed, linking of voter IDs with the Aadhaar number, ET has learnt. The commission will propose amendments to the Representation of the People Act, 1951, that will require citizens to link their Electoral Photo ID Card (EPIC) with the 12-digit Aadhaar, while ensuring privacy protection, said people with knowledge of the matter.Voter ID, Aadhaar to be linked soon to ensure accuracy on electoral rolls

eSigns latest victim of SC’s aadhaar verdict, fintech firms may take a hit

Currently, fintech companies use eSign as a service that consumers can use to digitally sign documents needed for availing of financial services.

ICICI Bank may use mAadhaar for KYC

"For acquisition of new customers, it is a little bit of a setback. We have gone back to the process of seeing a document and uploading it," said Madhivanan Balakrishnan, chief technology and digital officer, ICICI Bank.

ICICI Bank may use mAadhaar for KYC

"For acquisition of new customers, it is a little bit of a setback. We have gone back to the process of seeing a document and uploading it," said Madhivanan Balakrishnan, chief technology and digital officer, ICICI Bank.

Govt seeks legal opinion on the validity of Aadhaar-based eSign services

Govt has asked eSign service providers such as eMudhra to come up with an alternative plan to enable Aadhaar-based authentication without the use of biometrics.

Govt seeks legal opinion on the validity of Aadhaar-based eSign services

Govt has asked eSign service providers such as eMudhra to come up with an alternative plan to enable Aadhaar-based authentication without the use of biometrics.

Financial deadlines in 2019 you need to know about

Not meeting some of these could lead to substantial financial hardships.

8 lakh fake beneficiaries identified in Maharashtra anganwadis: WCD

A senior WCD official said a total of 61 lakh beneficiaries registered in these anganwadis and of them 8 lakh names were fake.

UIDAI asks banks not to discontinue Aadhaar payment system

UIDAI said the matter has been carefully examined, and the apex court has upheld the constitutionality of the Aadhaar programme, specifically Section 7 of the Aadhaar Act.

UIDAI asks banks not to discontinue Aadhaar payment system

UIDAI said the matter has been carefully examined, and the apex court has upheld the constitutionality of the Aadhaar programme, specifically Section 7 of the Aadhaar Act.

Government, RBI in talks to allow use of QR code-based 'offline Aadhaar'

The move is significant as it will also benefit financial technology companies that have been prodding the government to amend the law to make Aadhaar mandatory, an option that the Centre has virtually ruled out for the moment.

Government, RBI in talks to allow use of QR code-based 'offline Aadhaar'

The move is significant as it will also benefit financial technology companies that have been prodding the government to amend the law to make Aadhaar mandatory, an option that the Centre has virtually ruled out for the moment.

Aadhaar authentications, enrolments plunge in November after SC order

About 866,000 enrolments were reported last month, down from a high of 7.4 million in Jan and 2.2mn in Oct.

Aadhaar usage, enrolments plunge in November after SC order

About 866,000 enrolments were reported last month, down from a high of 7.4 million in Jan and 2.2mn in Oct.

RBI mulls live video authentication for customer verification

RBI proposed a method of using XML internet format to extract limited information Aadhaar database.

NPCI urges banks, corporates to adopt e-mandate

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

With customers’ nod, banks keep using Aadhaar for e-KYC

For instance, Canara Bank executive director M V Rao said the bank is continuing to do Aadhar-based e-KYC with customer consent.

Indian regulators need to build digital ecosystem around 'trusted' infrastructure: Singapore central bank

Mohanty also rallied for the need to build fintech infrastructure and policy framework around trusted data-centres during his presentation.

HC's plea: If Aadhaar can trace missing kids, why not identify dead bodies

A bench of Chief Justice Rajendra Menon and Justice V K Rao asked the Centre and the Unique Identification Authority of India (UIDAI) to respond to the application by February 5

IT Minister says work on to restore Aadhaar services to 3 lakh common service centres

The VLEs have been unhappy with the decision, contending that they had invested money in purchasing equipment and in training manpower for Aadhaar-related work.

IT Minister says work on to restore Aadhaar services to 3 lakh common service centres

The VLEs have been unhappy with the decision, contending that they had invested money in purchasing equipment and in training manpower for Aadhaar-related work.

HP India to give education a big push in 2019: MD Sumeer Chandra

For fiscal 2018, HP reported net revenue of $58.5 billion - up 12 per cent from the prior-year period.

#MeToo, Modi, DeepVeer are Twitter's biggest 2018 India moments; Sunil Chhetri's plea most RTed post

Chhetri’s plea for supporting the national football team was viewed 1.1 mn times.

'Aadhaar Seva Kendras' to ensure ease in Aadhaar-related services: UIDAI CEO

In the first official confirmation about the mega project in the offing, Pandey said: "With Aadhaar Seva Kendras, we are building hassle-free and resident-friendly enrolment and update facility infrastructure to ensure ease in Aadhaar related services to residents".

'Aadhaar Seva Kendras' to ensure ease in Aadhaar-related services: UIDAI CEO

In the first official confirmation about the mega project in the offing, Pandey said: "With Aadhaar Seva Kendras, we are building hassle-free and resident-friendly enrolment and update facility infrastructure to ensure ease in Aadhaar related services to residents".

Infra creation & rural development will be priority areas in coming years: Arun Jaitley

We have a track record of 5 years of the govt led by Modi, which is a cohesive govt, said Jaitley.

Social media must guard against misuse of platforms: Ravi Shankar Prasad

Prasad said that social media platforms' large focus on India underscored the sheer size and opportunities presented by the market here.

Salary can't be withheld for not linking bank account with Aadhaar: Bombay High Court

Purale had challenged a letter issued to him by the Union Ministry of Shipping in December 2015, asking him to link his his bank account, in which his salary was being credited, with his Aadhaar card .

Liquidity stress in some sectors that needs to be addressed: Arun Jaitley

Arun Jaitley, who will be presenting his sixth Budget in February, said the government was at an advanced stage of working out a resolution on the Aadhaar issue following the Supreme Court ruling.

Saved nearly Rs 90,000 Crore through Aadhaar when we came to power: PM Modi

Addressing a public rally in Madhya Pradesh’s Chhindwara, Prime Minister Narendra Modi claimed to have saved “nearly Rs 90,000 Crore” through Aadhaar.Saved nearly Rs 90,000 Crore through Aadhaar when we came to power: PM Modi

SBI's YONO suspends paperless a/c opening via Aadhaar, bank moves RBI on other options

The digital platform 'YONO', launched in November 2017, offers all financial services and lifestyle products.

Government likely to meet FY19 digital payments target

Optimism is also buoyed by the higher adoption of digital payments during the festive season sales in October and November, industry executives.

UIDAI asks banks to use Aadhaar eKYC for DBT users; voluntary offline Aadhaar for other customers

In its circular to banks, the UIDAI said that for customers giving declaration that they want to receive entitled benefits or subsidies of welfare schemes funded from the Consolidated Fund of India in their account directly.

UIDAI asks banks to use Aadhaar eKYC for DBT users; voluntary offline Aadhaar for other customers

In its circular to banks, the UIDAI said that for customers giving declaration that they want to receive entitled benefits or subsidies of welfare schemes funded from the Consolidated Fund of India in their account directly.

Fintech companies in search of a plan B after Aadhaar data blockade

The industry is awaiting final directions from the central bank regarding alternative mode of authentication now that eKYC is not acceptable

Gemalto apologises for wrong Aadhaar data breach report

As a result, Gemalto has withdrawn the data breach claim from the Breach Level Index Report," Gemalto CEO Philippe Vallee said in a public notice issued on Saturday.

‘Aadhaar in a JAM, no, LogJam’

I was educated on locking and unlocking the biometrics of Aadhaar.

Ajay Bhushan Pandey takes over as Revenue Secretary

Pandey said his priority as the Revenue Secretary would be to increase tax compliance, stabilise the implementation of GST, bring transparency and simplification of laws and procedures for better tax administration and ease of business.

OTP authentication better than biometric for Aadhaar verification: Delhi High Court

In a joint report, the two lawyers had suggested that OTP authentication should be the preferred method instead of using biometrics.

Watch: Will absence of Aadhaar details of borrowers affect P2P lending?

Supreme Court verdict on Aadhaar has banned the usage of biometric data by private players. Private companies cannot insist on biometric data from their consumers anymore. Some peer-to-peer lending companies think absence of e-KYC would lengthen the process of obtaining a loan for borrowers. However, some companies believe they would continue with the same efficiency they maintained earlier. Here's why.Watch: Will absence of Aadhaar details of borrowers affect P2P lending?

DoT, telcos brace for rise in fraud cases in post-Aadhaar era

"The Department of Telecommunications (DoT) will work with the security agents who will test prototypes sent by the operators. Right now there are suggestions on using QR codes but none of the options will be as safe as the Aadhaar," said a DoT official.

DoT, telcos brace for rise in fraud cases in post-Aadhaar era

"The Department of Telecommunications (DoT) will work with the security agents who will test prototypes sent by the operators. Right now there are suggestions on using QR codes but none of the options will be as safe as the Aadhaar," said a DoT official.

eNACH suspension may pinch digital lenders

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

UIDAI tells banks to continue Aadhaar-enabled payments

Based on legal advice, UIDAI has asked banks to continue with AEPS facility as this mode of withdrawal is part of the DBT scheme where use of Aadhaar is allowed.

UIDAI tells banks to continue Aadhaar-enabled payments

Based on legal advice, UIDAI has asked banks to continue with AEPS facility as this mode of withdrawal is part of the DBT scheme where use of Aadhaar is allowed.

Now, download Masked Aadhaar from UIDAI website

UIDAI has introduced 'Masked Aadhaar' which is an option that allows one to cover the 12-digit unique identity in the downloaded Aadhaar or e-Aadhaar.

Krishnamurti Subramanian: A new policy star rises

The new chief economic advisor teaches at the ISB and was a member of several expert committees.

DoT directs telcos to stop Aadhaar-based e-KYC

Aadhaar e-KYC cannot be used for verifying existing users as well as giving new connections, the DoT said.

DoT directs telcos to stop Aadhaar-based e-KYC

Aadhaar e-KYC cannot be used for verifying existing users as well as giving new connections, the DoT said.

Payments companies asked to stop Aadhaar-based services

UIDAI has directed several payments cos to present a plan on how they will exit the Aadhaar ecosystem.

Payments companies asked to stop Aadhaar-based services

UIDAI has directed several payments cos to present a plan on how they will exit the Aadhaar ecosystem.

UIDAI's proposal on social media agency: Supreme Court gives 2 weeks to TMC MLA to support her claim

Trinamool Congress MLA Mahua Moitra had alleged that the move of hiring a social media monitoring agency was aimed at "mounting surveillance on social media platforms".

‘Absence of Aadhaar-based e-KYC unlikely to impact business’

Mutual fund advisors offering direct plans on their online platforms do not believe that curbing Aadhaar based e-KYC would hit their business in a big way.

Telcos call for voluntary use of Aadhaar in e-KYC process

The SC had, last month, struck down a provision in the Aadhaar Act that allowed biometric verification by private entities.

Telcos call for voluntary use of Aadhaar in e-KYC process

The SC had, last month, struck down a provision in the Aadhaar Act that allowed biometric verification by private entities.

Ban on Aadhaar linking may crimp growth of financial players

The microfinance borrowers and lenders were among the biggest beneficiaries of Aadhaar-led identity verification.

Parliamentary disruptions unfortunate: Ram Nath Kovind

Underlining that "social justice is the touchstone of our development", the President said that social justice was all about providing equal opportunities -- social, economic and political.

Is there such a thing as an "Aadhaar card"?

The majority judgment still carries a confusion that has dogged the project through the years: is there such a thing as an "Aadhaar card" ?

PFRDA wants UIDAI to treat APY at par with govt benefit schemes

All those schemes of government benefits are exempted from the order on Aadhaar by the Supreme Court, the PFRDA chairman added.

Aadhaar Verdict: Individuals and corporates cannot collect Aadhaar data, says SC

The controversial section 33(2) of the Aadhaar Act, which makes an exception to the primacy of security of data of an individual and allows an officer of the rank of joint secretary to disclose it in matters of national security, has been revoked by the Supreme Court. Aadhaar Verdict: Individuals and corporates cannot collect Aadhaar data, says SC

How to change the address in your Aadhaar card

If you have recently relocated and are facing issues because your address is not updated on your Aadhaar, here's some help. As per UIDAI website, there are two ways to update or correct your address on your Aadhaar card: 1) You can update it online, 2) Visit an enrolment centre. Watch this video to know more.How to change the address in your Aadhaar card

Chronology of Aadhaar case

A timeline of the Aadhaar scheme that was today declared constitutionally valid by the Supreme Court.

Aadhaar cards must for PMAY projects in Pune

The PMRDA has lined up nearly 30,000 beneficiaries for 15 public private partnership model schemes in areas under its jurisdiction.

Aadhaar authentication to withdraw LPG subsidy at micro-ATMs to continue: UIDAI

As per the verdict of the Supreme Court, Aadhaar can be used in direct benefit transfer schemes under Section 7 of the Aadhaar Act.

Aadhaar authentication to withdraw LPG subsidy at micro-ATMs to continue: UIDAI

As per the verdict of the Supreme Court, Aadhaar can be used in direct benefit transfer schemes under Section 7 of the Aadhaar Act.

Telcos to erase Aadhaar data if customer gives alternative KYC documents: COAI

"Customers will need to call their operators to check about point of sales or service where they need to go with request for deletion of Aadhaar records," COAI's Mathews said.

Telcos to erase Aadhaar data if customer gives alternative KYC docs: COAI

He said that telecom operators will need some time to verify documents shared by customers but his connection will continue to work as till the time documents are verified.

Telcos to delete Aadhaar data if customer gives alternative KYC docs: COAI

He said that telecom operators will need some time to verify documents shared by customers but his connection will continue to work as till the time documents are verified.

No threat of disconnection for SIM cards issued through Aadhaar: UIDAI

In a joint press statement, both the DoT and the UIDAI clarified that the Supreme Court judgment on Aadhaar nowhere states that the mobikle numbers issues through Aadhaar eKYC have to be disconnected.

Market Movers: Market awaits Assembly poll results; oil up on Opec-Russia output cut deal, dollar slips & more

Here’s a lowdown on top macro triggers that may move market on Monday.

No threat of disconnection for SIM cards issued through Aadhaar: Government

In a joint press statement, both the DoT and the UIDAI clarified that the Supreme Court judgment on Aadhaar nowhere states that the mobikle numbers issues through Aadhaar eKYC have to be disconnected.

Over 50 crore mobiles with Aadhaar KYC could be disconnected

The matter is now being discussed at the highest levels in the government, considering the large-scale impact it can have on citizens if phones are disconnected in vast numbers.

Five ways to e-verify your ITR

Find out the various easy, secure and quick ways to verify your income tax returns (ITR).

From railways to Aadhaar, India’s key systems run on IBM-acquired Red Hat software

Red Hat is the backbone of the BSE, NSE, Aadhaar, GST, LIC, SBI Insurance and most core banking services across India

Aadhaar Pay faces uncertain future

SC’s scrapping of the mandatory linking of Aadhaar with bank accounts will hit payment mechanism.

Aadhaar Pay faces uncertain future

SC’s scrapping of the mandatory linking of Aadhaar with bank accounts will hit payment mechanism.

Banks move RBI for Aadhaar use as UIDAI bars fintechs

Fintechs can no longer use Aadhaar-based authentication and have been asked to draw up an action plan to exit the Aadhaar ecosystem.

Vodafone Idea, Airtel & Jio submit Aadhaar exit plans to UIDAI

Operators have written to the regulator saying that although they will comply with the Supreme Court’s verdict, all investments made so far in e-KYC will now be wasted if Aadhaar-based authentication is completely scrapped.

Vodafone Idea, Airtel & Jio submit Aadhaar exit plans to UIDAI

Operators have written to the regulator saying that although they will comply with the Supreme Court’s verdict, all investments made so far in e-KYC will now be wasted if Aadhaar-based authentication is completely scrapped.

Fintech startups need to rework their Aadhaar

Startups will now have to include additional documents for verification which will raise costs.

Aadhaar ID provides dignity to marginalised

The Aadhaar judgement was the first case based on Right to Privacy after it was ruled a fundamental right in August last year.

Consumers trust private firms more than government with personal data: KPMG

The government, at 51 per cent, was the least trusted entity for consumers, as per the survey, which took into account responses from 3,000 people in the country.

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