North-eastern states and Jammu & Kashmir are increasingly adopting Aadhar-enabled financial services, according to a report. Meghalaya topped the list with a 1000 per cent growth in AePS (Aadhaar Enabled Payment System) transaction value and a 712 per cent increase in the number of transactions, followed by Nagaland and Assam, the report by fintech firm PayNearby said. Retail stores in Jammu and Kashmir witnessed a growth of over 134 per cent in value and 89 per cent in the volume of Aadhar-enabled payment transactions in FY24. The Atmanirbhar Bharat Digital Empowerment' report by PayNearby, a company that offers branchless banking and digital network, drew insights from transactions across 12 lakhs plus retail touchpoints throughout the country. The findings are based on business data gathered for the fiscal year 2023-24 compared to the previous fiscal year. Transaction value at MicroATMs of Mizoram and Meghalaya grew by 55 per cent and 43 per cent respectively, whereas volume ..
BHIM Aadhaar Pay enables merchants to receive digital payments from customers over the counter through Aadhaar authentication, according to the NPCI website
Keep Aadhaar, registered mobile number and scanned documents handy before starting online procedure
Election Commission has specified that eligible Indian citizens aged 18 or older can cast their vote as long as their name is enlisted in the official voter list
Tokenisation, or the process of converting traditional securities into their digital copies, might bring a $22 trn market in alternative assets within reach of a liquidity-constrained middle class
Does the rising number of OTP frauds and password hacking instances concern you? Researchers at IIT Mandi have developed a revolutionary system which will capture unique user biometric-based behaviour patterns for secure authentication, eliminating the use of conventional methods. The system called "adapID" has been developed in collaboration with Deep Algorithms with Amit Shukla from the Center for Artificial Intelligence and Robotics (CAIR) at Indian Institute of Technology (IIT) Mandi and J P Mishra from Deep Algorithms, spearheading the development of the tool -- a behaviour biometric-based authentication system leveraging haptics data. Deep Algorithms is an IIT Mandi and IIT Kanpur incubated company with its head office in Hyderabad, Research and Development office in IIT Mandi and partner office in the USA. The system has already been granted a patent and has been deployed at a bank and a forensic company. The team is currently in talks with the Ministry of Electronics and ...
Update your Aadhaar card details for free by March 14. UIDAI extended the date from December 15, 2023, to March 14, 2024. Here are the simple steps to update
West Bengal Chief Minister Mamata Banerjee announced that her government would provide alternative identification cards to people whose Aadhaar cards have been deactivated
The first violation of the law by the central government is to divide job card holders into eligible and non-eligible for ABPS, the CPI(M) said
Work demand drops for a second month in Dec
The linking of Aadhaar details with voter identity cards has not yet begun, Lok Sabha was informed on Friday. In a written reply, Law Minister Arjun Ram Meghwal said linking of Aadhaar is process-driven. He also said no targets have been given for linking Aadhaar details with the electoral photo identity card. "... The Election Commission has informed that linking of Aadhar with EPIC has not yet started," he said. He also noted that the time period to submit Form 6B (to link Aadhaar card) has been extended for a period of one year -- March 31, 2024. The Election Laws (Amendment) Act, 2021 allows electoral registration officers to require the existing or prospective elector to provide the Aadhaar number for the purpose of establishing identity on a "voluntary basis", he said.
A number of special fixed deposit schemes offering up to eight per cent return from leading banks are also set to expire next month.
If you are a victim of an AePS scam, there are a few things you need to do immediately to protect your money
Aadhaar update: Last week, reports stated that the Aadhaar data of 815 million Indians was on sale on the internet. What can you do to protect your biometric data? Know here
The government is also likely to have sweeping powers to track, monitor, intercept, moderate and take down online content under the new law
Starting October 1, your birth certificate is not just a piece of paper; it's going digital and becoming the most versatile document you'll ever need. Watch more for the details >
International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday. The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable. "A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement. The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it. "The investor service did not make any
The Registration of Births and Deaths (Amendment) Act, 2023 will facilitate the creation of a national and state-level database of registered births and deaths
Five significant changes are going to take place from the first day of September 2023. These changes will directly affect your pocket, and it is important to know these changes
Almost 100% of Indians have enrolled themselves in the identification system of Aadhaar