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and criminals are using Aadhaar-enabled payment systems to breach user information. Scammers have, in the past, made use of silicone to trick devices into initiating transactions,” cybersecurity ...

Frauds related to biometric cloning and the Aadhaar-enabled Payment System (AePS) contributed to 11 per cent of the cyber-enabled financial crimes in 2023, informed Rajesh Kumar, Chief Executive ...

The Reserve Bank of India on Thursday proposed that onboarding of Aadhaar-enabled Payment System (AePS) service providers will be streamlined and additional fraud prevention measures be introduced.

In terms of addressing these vulnerabilities associated with the Aadhaar-enabled Payment System, RBI has announced some initiatives its going to embark on during the recent Monetary Policy Committee ...

(Image: PTI) Wage payments under the Mahatma Gandhi National Rural Employment Guarantee Scheme will now be done only through the Aadhaar-Based Payment System (ABPS), sources said on Monday.

Aadhaar Enabled Payment System (AePS), developed by the National Payment Corporation of India (NPCI) to facilitate financial transactions through the Aadhaar number. Individuals having an Aadhaar ...