trending Market Intelligence /marketintelligence/en/news-insights/trending/JB18hiKV3vJ2TLo9Csf41A2 content esgSubNav
In This List

India central bank asks banks to ensure card infrastructure supports biometric validation

Blog

Bank failures: The importance of liquidity and funding data

Blog

Staying Strong in Volatile Markets: How Banks Can Overcome Challenges to Funding and Lending

Blog

Silicon Valley Bank Uncovering Regional Bank Stress with Equity Driven Credit Models

Case Study

A Scorecard Approach Helps a Bank Assess Credit Risks with Smaller Companies


India central bank asks banks to ensure card infrastructure supports biometric validation

The Reserve Bank of India urged all banks to ensure thattheir new card acceptance infrastructure should be able to process paymenttransactions using Aadhaar-based biometric authentication.

The new acceptance infrastructure will be deployed Jan. 1, 2017,according to a Sept. 29 notification from the central bank.

The Aadhaar card number serves as a proof of identity andaddress in India.