Alternate digital KYC being launched to replace Aadhaar KYC by mobile operators

Sushubh

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Oct 29, 2004
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KYC: Airtel rolls out 'alternate digital KYC' in select circles for new connections, Telecom News, ET Telecom

The alternate digital process for KYC entails scanning of the proof of address and identity, embedding live customer photo and online customer acquisition form, the source said adding that the entire process will be digital.

The official further pointed out that the company will be phasing out the eKYC process, as the digital KYC system is rolled out to new locations, and stablises.
 

Sushubh

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[OP]
Oct 29, 2004
419,692
13,074
Gurugram
AADHAAR: RBI mulls live video authentication, Technology News, ETtech


The Reserve Bank of India (RBI) may introduce new modes of electronic verification of customers for financial institutions, including live video, according to two payment company executives privy to the plans.

In a meeting with the industry executives last week, RBI officials indicated they were keen on rolling out a digital authentication method that would use the XML internet format to extract limited information on customers from the Aadhaar database. This wouldn’t include the biometrics collected while generating Aadhaar digital identities for residents of India.
 

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