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Thursday, October 31, 2024
TopicE-KYC

Topic: e-KYC

Bulk SMS, calls, fake SBI app, 6 modules — how KYC fraudsters ‘looted over 8,000 victims’

Delhi Police have busted pan-India gang, arrested 23 people. Alleged scam worked by procuring people’s net banking credentials. Victims may have lost more than Rs 20 crore.

CoWIN’s new feature allows verifying entities to know if customers/clients are vaccinated

The new API called ‘Know Your Customer’s/Client’s Vaccination Status’ was developed to enable an Aadhaar like authentication service for vaccination status, the health ministry said.

With 25 crore covered, KYC data of nearly a fifth of India’s population is digital

The process, which started in early 2017, took nearly 2 years to reach the 10-crore mark. But this more than doubled over the last 17 months to touch 25 crore now.

Modi govt should find a way for private firms to use Aadhaar for KYC purposes

It may be feasible for govt to own and operate a KYC utility. That way, India could balance the concerns of privacy and trust.

On Camera

Hyderabad has a HYDRAA-headed bulldozer story. Saving lakes or razing opposition?

Revanth Reddy’s bulldozing of lake ‘encroachments’ with new agency HYDRAA have left some serious questions unanswered, especially regarding the selective nature of the work undertaken.

iPhone craze, Goa trips, to making ends meet, ‘addictive’ instant loan apps leading many into debt trap

Unsecured loans have been a concern for RBI for a while now. Last year, it took steps to make it more expensive for banks, NBFCs to give them out in bid to deter such borrowing.

India-China disengagement completed at Depsang & Demchok, patrolling to start after Diwali

Corps commanders signed an agreement on 21 October to pull back troops from eastern Ladakh’s two face-off points, following efforts on diplomatic front to ease tensions along LAC.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.