Wednesday, October 23, 2019

How to file Aadhaar related complaints?

Aadhaar: How To File Complaints?

Issued by the UIDAI (Unique Identification Authority of India) Aadhaar card is one of the most important documents that serve as proof of identity for an Indian citizen. It is a unique number for identification. Aadhaar card contains an individual's biometric information as well as demographic details. This card acts as a base for the Indian government to provide services for the welfare of its citizens.

Thursday, October 17, 2019

Aadhaar based KYC for effortless Mutual Fund deals.

Know Your Customer, commonly referred to as KYC, is the process of identifying a customer. It is compulsory now for financial agencies including mutual fund organizations to know who their customers are. The guidelines were established based on the Act of 2002 for the Prevention of Money Laundering. Through the process of Know Your Customer, eliminating unacceptable dealings and laundering of money has been made possible.

Monday, October 14, 2019

What is Aadhaar Virtual ID? What are its features?

Several cases have been reported all over India regarding the leakage of Aadhaar Card data and misuse of personal information. As a result, the Aadhaar holders in India have been expressing their concerns over the security of Aadhaar cards and their details provided in it. The concerns raised by the Aadhaar holders have been taken into consideration by the UIDAI (Unique Identification Authority of India) and they've come up with a possible solution. To increase the security of data provided in the Aadhaar e-KYC a new and unique feature has been introduced.  The new level of security introduced by the UIDAI is referred to as the Aadhaar Virtual ID or the VID.