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Aadhaar Face Authentication Crosses 100 Cr Transactions

By: Editorial Desk

UIDAI Hosts Stakeholders' Meet with BFSI, Fintech, and Telecom Sectors in Mumbai

by Editorial Desk
January 20, 2025
in BFSI
Reading Time: 3 mins read
UIDAI's "Aadhaar Samvaad" in Mumbai marked a major milestone as Aadhaar face authentication transactions crossed 100 crore.

UIDAI's "Aadhaar Samvaad" in Mumbai marked a major milestone as Aadhaar face authentication transactions crossed 100 crore.

Summarize with:

Mumbai: The Unique Identification Authority of India (UIDAI) recently held a day-long stakeholders’ meet, “Aadhaar Samvaad,” in Mumbai, celebrating a major milestone as Aadhaar face authentication transactions surpassed 100 crore.

Co-hosted by the Government of Maharashtra, the event aimed to enhance service delivery across sectors such as Banking, Financial Services, and Insurance (BFSI), Fintech, and Telecom. Nearly 500 industry representatives, including senior policymakers, technocrats, and experts from banks, insurance companies, market intermediaries, Fintech players, and telecom service providers, participated in the event.

100 Crore Aadhaar Face Authentication Transactions

The event also marked a significant milestone for Aadhaar, with face authentication transactions crossing the 100-crore mark since the modality’s introduction in October 2021.

Notably, the cumulative transaction volume doubled in just five months, growing from 50 crore to 100 crore. Developed in-house by UIDAI, this AI/ML-based face authentication solution is transforming how services are accessed by millions of residents.

Bhuvnesh Kumar, the newly appointed CEO of UIDAI, and Additional Secretary at the Ministry of Electronics and IT (MeitY), emphasized the transformative impact of Aadhaar in fostering trust in digital transactions. “The achievement of 100 crore face authentication transactions reaffirms Aadhaar’s role as the backbone of India’s digital identity ecosystem,” he said. Kumar highlighted the importance of resident-centric innovations and thanked the Government of Maharashtra for co-hosting the event.

S Krishnan, Secretary of MeitY, lauded the population-scale adoption of Aadhaar, calling it a foundational layer of India’s digital public infrastructure. He encouraged UIDAI to continue working with stakeholders to empower citizens and further enhance the ease of living.

Actionable Insights

The stakeholders’ meet featured four focused panel discussions led by industry leaders. These sessions explored ways to integrate Aadhaar face authentication into banking services, improve service delivery through Non-Banking Financial Companies (NBFCs) and Fintechs, and enhance Aadhaar authentication in the telecom sector.

Participants also deliberated on building frameworks for a safer digital future. UIDAI committed to considering actionable insights from these discussions to improve service delivery further.

This was the second instalment of the Aadhaar Samvaad series, following its inaugural event in Bengaluru in November 2024.

Growing Trust in Aadhaar Face Authentication

The milestone of 100 crore face authentication transactions reflects growing trust in this biometric modality, which is now utilized by 92 entities across government and private sectors. Aadhaar face authentication offers a robust, contactless, and secure alternative, particularly benefiting senior citizens and individuals facing challenges with fingerprint authentication due to manual labour or health conditions.

This AI-driven solution, compatible with both Android and iOS platforms, ensures stringent security measures, including safeguards against video replay attacks and static photo authentication attempts. It enables users to verify their identity with just a face scan, facilitating seamless access to government benefits and private sector services.

As Aadhaar continues to expand its capabilities, it remains committed to ensuring convenience and security for its users while driving innovation in India’s digital ecosystem.

Also Read –

MeitY Hosts Key Consultation on Draft DPDP Rules with Apple, Microsoft and OpenAI

Summarize with:
Tags: 100 Crore TransactionsAadhaar Face AuthenticationAadhaar InnovationsAadhaar SamvaadAI-Based AuthenticationBFSIDigital IdentityFintechGovernment of MaharashtraTelecomUIDAI
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