wordpress blog stats
Connect with us

Hi, what are you looking for?

, , ,

DCB Bank to use iris scanning and Aadhaar to verify customers

DCB Bank has started using eye scanning to verify users using Aadhaar cards, to open new accounts. By using this process, the bank removes the requirement for the submission and verification of KYC documents, instead carrying out eKYC using the user’s Aadhaar number and biometric data.

New customers will have to scan their iris at phablets in the banks along with sharing their Aadhaar number, after which the bank pulls the customer’s details like address, photograph etc., to complete the eKYC on the spot. However, the bank will take another day to map the customer’s details to a particular account. Existing customers can also update their Aadhaar number using the scan.

The bank currently claims to have run a pilot program in 10 rural or semi urban branches over the last 3 weeks, opening 100 fresh accounts and processing another 100. It mentions that it will roll out the feature to all its branches over the next 6 months, with 112 branches rolling out the feature in the next few days.

Note that DCB Bank had launched an ATMs which accept Aadhaar number and fingerprints instead of card and PIN, in June last year. The bank had said then that it would be extending the facility to all of its 400  ATMs across the country in the next six months. However, the bank has fallen short of this goal, and currently claims to have only 70 Aadhaar based ATMs in the country.

Advertisement. Scroll to continue reading.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

News

By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

News

By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ