Versuchen GOLD - Frei
UIDAI may authorise Aadhaar-based face authentication for big transactions
Business Standard
|October 08, 2025
National Payments Corporation of India (NPCI) may soon enable an Aadhaar-based authentication of the face of a person transferring high amounts online, said a senior executive from the Unique Identification Authority of India (UIDAI).
"We have the world's largest biometric database, and we advocate the use of face authentication as a modality in multi-factor authentication," said Abhishek Kumar Singh, deputy director-general (authentication and verification division), UIDAI.
This modality is further getting a boost as the Reserve Bank of India (RBI) in its latest guidelines, announced in September, mandated stronger and smarter authentication.
Diese Geschichte stammt aus der October 08, 2025-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
File revised-return before assessment or notice, updated return thereafter
The finance ministry has flagged more than 44,000 taxpayers for failing to report virtual digital asset (VDA) transactions in their income-tax returns (ITR).
3 mins
December 13, 2025
Business Standard
Musk’s Mars mission adds risk to red-hot SpaceX IPO
Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.
1 min
December 13, 2025
Business Standard
India, Oman to ink FTA during PM visit
Next week’s three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal.
2 mins
December 13, 2025
Business Standard
Gujarat leads in FY25 loan growth, Karnataka in deposits
Gujarat topped the chart for loan growth in the financial year 2025 (FY25) with 14.14 per cent followed by Tamil Nadu at 11.4 per cent, while Maharashtra retained the top slot among states in terms of outstanding credit extended by scheduled commercial banks, followed by Delhi and Tamil Nadu.
1 min
December 13, 2025
Business Standard
DFS tightens grievance redress oversight
The Department of Financial Services (DFS) under the Ministry of Finance has intensified its monitoring of grievance redressal across the banking, financial servicesandinsurance(BFSI) sector, introducing a series of measures aimed atimproving accountability and customer satisfaction.
2 mins
December 13, 2025
Business Standard
Auto financier stocks rise; valuations may cap upside
Investors should take selective exposure to the sector at current levels, say analysts
2 mins
December 13, 2025
Business Standard
Favourable post-expansion outlook for Tata Steel
While steel prices continue to be under pressure, Tata Steel is looking at various moves to ensure domestic capacity expansion to 40 million tonnes per annum (mtpa) by 2030 from the current 26.6 mtpa.
3 mins
December 13, 2025
Business Standard
EU set to indefinitely freeze Russian assets
The European Union (EU) looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow’s invasion.
1 min
December 13, 2025
Business Standard
Brookfield to build Asia's biggest GCC facility in Powai
Brookfield Asset Management will invest $1 billion to develop Asia’s largest global capability centre (GCC) in Mumbai’s Powai, the New York-based global alternative asset manager said in a statement on Friday.
2 mins
December 13, 2025
Business Standard
Dec releases set stage for superhit 2025
Record ₹13,500 crore box office collection estimated this year
3 mins
December 13, 2025
Listen
Translate
Change font size
