Tag: Kyc
The Indian Finance Ministry Approves The Use Of Aadhaar-Based Authentication For The Kyc Process By 22 Financial Institutions
22 financial institutions, including Amazon Pay (India) and Hero FinCorp, have been permitted by the Finance Ministry to use Aadhaar-based client authentication. This action is intended to speed up the Know Your Customer (KYC) process and streamline the authentication procedure. The ministry announced that these 22 businesses, which are already required to report to the…
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