A summary – The State of Aadhaar Report
Dalberg along with Omidyar network India recently did human-centered design-based research on how Aadhaar is being received and used by the masses. You can access the actual report here. In this post, we try to summarize what we learned from the
Chapter 2. Audit and Record provisions relating to KYC Regulations of RBI
In our introductory chapter we took you through the major highlights that RBI master circular on KYC had and how it affected you as a regulated entity. In this installment of the blog we shall discuss outsourcing and audit related stipulations. All regulated entities are expected to comply with audit related provisions of KYC Policy, following is a list of major provisions that you should be aware of,
6 reasons why Aadhaar Offline KYC is better than Aadhaar eKYC
RBI's latest amendment of master directive on KYC, allowed regulated entities including banks to use offline Aadhaar for identifying and verifying their customers as required by PMLA act. This meant all private sector companies that had lost, an easy to
Aadhaar Bridge is now Veri5Digital
When we started Aadhaar Bridge in 2015, the small team at Khosla Labs had one singular goal - to make it easier for companies to use Aadhaar API’s for their identity and on boarding needs, while staying 100% compliant with
Aadhaar Ordinance: What you should know?
On 2nd March, 2019, the President of India vide the office of Ministry of Law and Justice notified the Aadhaar and Other Laws (Amendment) Ordinance, 2019 (“Ordinance”). The Ordinance proposes the same amendments as those contained in the Aadhaar Bill,
How to integrate Aadhaar Auth API?
One of the best things about Aadhaar API was its ability to allow organisations like Banks and other financial institutions to instantly verify the identity of the customer, as required by RBI regulations. This meant new accounts and loan disbursements
Data, privacy and what is its current state?
“They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” ― Benjamin Franklin, Memoirs of the life & writings of Benjamin Franklin What Benjamin Franklin meant by those words is debatable, though the fact
Infographic: The history of Identity in India
Aadhaar has been in use for quite some time, especially the debate around how it may allow government to monitor its citizens. Having said that Aadhaar Card was not the only identity card that tried to consolidate all the citizens
Impact of Supreme Court’s Aadhaar judgement on BFSI sector
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
Aadhaar KYC and Aadhaar Authentication. How are they different?
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.