Aadhaar PIL hearing in the Supreme Court culminated on Sept 2018 with a landmark judgement. The Banking and Financial Services (BFSI) Sector has had to face considerable challenges as a result of the Aadhaar judgement. This essay describes these challenges and possible solutions.
Aadhaar auth is used to prove you are who you say you are. KYC or Know your customer, simply put is the process of identifying a customer.