The launch enables more than one billion users of India’s digital identity system to perform identity verification with digital ID.

Nametag, the identity verification platform known for pioneering Deepfake Defense™ and Adaptive Document Verification™, today expanded its global leadership with the launch of Adaptive e-ID ...

Government payment systems refer to the methods and technologies governments use to distribute and collect funds efficiently. These systems include tax collection, social benefits disbursement, ...

The first non-bank payment service provider has joined the Electronic Clearing System (EKS), the payment system created and maintained by Latvijas Banka. SIA xpate, an electronic money institution ...

and Alipay with its own payment system. This step, led by Christine Lagarde, President of the European Central Bank (ECB), reflects the EU’s desire to protect its financial sovereignty and take ...

But with novel payment systems often come novel challenges in running and operating the payment scheme itself. To meet the demands of rapid funds availability, fraud protection, broad inclusion, and ...

Stanbic Bank Kenya’s parent company, Standard Bank, plans to join the China interbank payment system (CIPS) by the end of 2025, hoping to tap into the growing inflow of trade and investment from ...

This system ensures privacy and eliminates the need for physical Aadhaar cards or photocopies, making identity verification as easy as scanning a UPI payment code. This development is part of India's ...

The government plans to amend the Aadhaar Act, 2016, to harmonise it with the Digital Personal Data Protection (DPDP) Act, 2023. Electronics and IT minister Ashwini Vaishnaw has urged the Unique ...

The long-awaited Aadhaar mobile app has been introduced, which is designed to make verification as easy as ‘making a UPI payment’. Union Minister Ashwini ... added that the Aadhaar face authentication ...

Rain is a South African-based mobile communications company providing voice, messaging, data, and converged payment solutions. Users enjoy data services, which allow for convenient payment of invoices ...

What the new Aadhaar app offers? The app, built with support from UIDAI, uses Face ID and artificial intelligence for real-time authentication. It also features QR code-based instant verification.