India’s fintech firms fight against Aadhaar restrictions
They want access to the biometric database to verify customers.
Aadhaar
Get your patents IN: India – the next hotbed of fintech innovation
Indian fintech is a top five market globally by value of capital funding and investments.
What is the India Stack and why is it no longer the dream it used to be?
The good, the bad and the ugly of the India Stack (or Aadhaar Stack) by Devie Mohan.
Yes Bank and Nearby Tech bring cardless ATM services to India
With the aim to become the payments enabler for India.
Reserve Bank of India unleashes account number portability
Reserve Bank of India (RBI), the country’s central bank and regulator, has asked banks in the country to work towards implementing a system that allows users to port their account from one bank to another, without changing the account number.
The Monday mindset: 3 April 2017
Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, Soumik Roy looks at how India has quite a lot of fintech activity in its retail market. Did you notice? For the […]
IDFC Bank launches “breakthrough” biometric payment app, IDFC Aadhaar Pay
India-based IDFC Bank has launched an e-payment app, IDFC Aadhaar Pay, developed in association with the Unique Identification Authority of India (UIDAI) and the National Payments Corporation of India (NPCI).
DCB Bank plans iris scans for banking
DCB Bank, a private sector bank in India, plans to allow customer transactions and account opening through iris scans for Aadhaar authentication. The Aadhaar infrastructure, created by the Unique Identification Authority of India (UIDAI), onboards customers and provide them with online services. UIDAI collects the biometric and demographic data of residents, stores them in a […]
