Aadhaar For Kyc

Capital markets regulator SEBI has issued directives for sub-KYC user agencies to provide Aadhaar authentication services to their clients for the purpose of know your customer (KYC). This comes after the government last week notified 155 entities as sub-KUAs (KYC user agencies) to use Aadhaar authentication services of the UIDAI (Unique Identifica...

Twenty-nine insurance firms and nine stock and securities entities can now use Aadhaar authentication to verify users for providing services, the Finance Ministry said in a statement today.

Banks can now accept the proof of owning an Aadhaar for Know Your Customer (KYC) verification under certain conditions. According to a statement by the Reserve Bank of India (RBI), the Aadhaar number can be used for KYC verification on consent from the customer. Updating its list of eligible KYC documents, the Reserve Bank of India noted: "Banks ha...

The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts

UIDAI Aadhaar card services (uidai.gov.in): The UIDAI provides a range of services online, meant for Aadhaar applicants and Aadhaar card holders. Banks can now accept the proof of owning an Aadhaar for Know Your Customer (KYC) verification under certain conditions. The Income Tax Department has set a September 30 deadline for assessees to link the...

The UIDAI source said with a nominal cost for each eKYC transaction entities would still be saving on Know Your Customer (KYC) cost while serving people with ease.

The government today ordered telecom companies to stop using Aadhaar for electronic verification of existing mobile phone customers as well as for issuing new connections to comply with a recent Supreme Court order.

The Government will not push for re-verification of mobile service customers and it will be done only if a customer opts to replace Aadhaar records.

Quashing reports that 50 crore Aadhaar-verified mobile numbers are at the risk of disconnection if they are not backed up by a fresh identification, the government and the Aadhaar-issuing body said on Thursday that these numbers will not be disconnected. The Department of Telecom (DoT) and Unique Identity Authority of India (UIDAI) also said that t...

RBI said aadhaar norms have been revised because the government had amended laws on prevention of money laundering

UIDAI has now released the concept of a temporary, 16-digit Virtual ID (VID) that can be used by Aadhaar card holders for authentication purposes.

UIDAI says Aadhaar cardholders will be able to generate Virtual IDs for various purposes, including SIM verification.

For increased privacy of Aadhaar holders, the Unique Identification Authority of India (UIDAI) has introduced a temporary 16-digit virtual ID for Aadhaar holders that can be used in place of their Aadhaar numbers for authentication purposes. The new system, aimed at minimising instances of leak and misuse of Aadhaar numbers, will be effective from ...

People can share a randomly-generated 16-digit temporary number instead of their Aadhaar number starting from March-end to authenticate their identity for various services. The UIDAI - the authority that runs the government's Aadhaar programme - said today the initiative, which is aimed at minimising instances of leak and misuse of Aadhaar numbers,...

The move is aimed at adding a new device-level security layer at a time when Aadhaar-based e-KYC is being used by telecom industry for fresh connections and re-verification.

Capital markets regulator SEBI has issued directives for sub-KYC user agencies to provide Aadhaar authentication services to their clients for the purpose of know your customer (KYC). This comes after the government last week notified 155 entities as sub-KUAs (KYC user agencies) to use Aadhaar authentication services of the UIDAI (Unique Identifica...

Twenty-nine insurance firms and nine stock and securities entities can now use Aadhaar authentication to verify users for providing services, the Finance Ministry said in a statement today.

Banks can now accept the proof of owning an Aadhaar for Know Your Customer (KYC) verification under certain conditions. According to a statement by the Reserve Bank of India (RBI), the Aadhaar number can be used for KYC verification on consent from the customer. Updating its list of eligible KYC documents, the Reserve Bank of India noted: "Banks ha...

The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts

UIDAI Aadhaar card services (uidai.gov.in): The UIDAI provides a range of services online, meant for Aadhaar applicants and Aadhaar card holders. Banks can now accept the proof of owning an Aadhaar for Know Your Customer (KYC) verification under certain conditions. The Income Tax Department has set a September 30 deadline for assessees to link the...

The UIDAI source said with a nominal cost for each eKYC transaction entities would still be saving on Know Your Customer (KYC) cost while serving people with ease.

The government today ordered telecom companies to stop using Aadhaar for electronic verification of existing mobile phone customers as well as for issuing new connections to comply with a recent Supreme Court order.

The Government will not push for re-verification of mobile service customers and it will be done only if a customer opts to replace Aadhaar records.

Quashing reports that 50 crore Aadhaar-verified mobile numbers are at the risk of disconnection if they are not backed up by a fresh identification, the government and the Aadhaar-issuing body said on Thursday that these numbers will not be disconnected. The Department of Telecom (DoT) and Unique Identity Authority of India (UIDAI) also said that t...

RBI said aadhaar norms have been revised because the government had amended laws on prevention of money laundering

UIDAI has now released the concept of a temporary, 16-digit Virtual ID (VID) that can be used by Aadhaar card holders for authentication purposes.

UIDAI says Aadhaar cardholders will be able to generate Virtual IDs for various purposes, including SIM verification.

For increased privacy of Aadhaar holders, the Unique Identification Authority of India (UIDAI) has introduced a temporary 16-digit virtual ID for Aadhaar holders that can be used in place of their Aadhaar numbers for authentication purposes. The new system, aimed at minimising instances of leak and misuse of Aadhaar numbers, will be effective from ...

People can share a randomly-generated 16-digit temporary number instead of their Aadhaar number starting from March-end to authenticate their identity for various services. The UIDAI - the authority that runs the government's Aadhaar programme - said today the initiative, which is aimed at minimising instances of leak and misuse of Aadhaar numbers,...

The move is aimed at adding a new device-level security layer at a time when Aadhaar-based e-KYC is being used by telecom industry for fresh connections and re-verification.