Complying with norms is getting real serious with global financial institutions being slapped with large fines by regulatory authorities in the first month of 2019.
In this post, legal counsel Bayside Advisors take stock of some imminent developments within the realm of Aadhaar, Data, and Privacy. Needless to say, what’s on the horizon is mostly tied to what transpired in the last year.
Speaking on CNBC Awaaz’s weekly show Awaaz Entrepreneur, Ashok Hariharan — Founder and CEO of IDfy — said that the lack of…
Abhishek Senthilnathan and Aaron Kamath of leading law firm Nishith Desai Associates share their insights on the RBI’s Data Localisation directive and what it means for foreign payment enablers operating in India.
In December 2018, the Cabinet had approved amendments to the Prevention of Money Laundering Act (PMLA), the Telegraph Act, and the Aadhaar Act intended to pave way for Aadhar-based customer authentication in cases where the customer explicitly opts for it.
In an article in the Economic Times, IDfy CEO Ashok Hariharanechoes the fintech industry’s lack of enthusiasm towards alternative KYC processes suggested by the UIDAI.
“The Aadhaar XML journey has many steps including…
It’s getting clearer that Banks and Fintechs simply cannot survive without digital KYC! So much so that, if we go by a recent Economic Times article, some of them are interpreting the Supreme Court ruling on Aadhaar-based KYC with potentially…
IDfy, a leading Regulatory Technologies solutions provider, and Beatroute Innovations, a mobile app platform for field force, are collaborating to digitise on-ground, agent-assisted KYC for telecom, banking, lending, investment, and…
The most comprehensive and definitive guide to Offline Aadhaar XML — how it works, its pros and cons, and what the consumer and organization need to do to use it effectively to meet KYC…
