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Friday, 24 March2023

Government partners with NBFCs and Fintechs to expand Aadhaar adoption for e-KYC

Government partners with NBFCs and Fintechs to expand Aadhaar adoption for e-KYC

<p>The Indian government has partnered with NBFCs (non-banking financial companies) and fintech firms to expand Aadhaar adoption in e-KYC. The government aims to leverage next-gen technologies to simplify the process of obtaining e-KYC, using biometric authentication, and to enhance financial inclusion across the country. The move will benefit both customers and businesses, helping to streamline processes and reduce fraud while ensuring data privacy and security.</p> <p>&nbsp;</p>

Read full story at Economic Times
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