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Friday, January 13, 2023

India lets banks use face recognition, iris scan for some transactions: Report

A few large private and public banks have begun using the option, said one of the sources, a banker, who declined to name the banks. The advisory allowing the verification is not public and has not previously been reported. The verification is not mandatory and is intended for cases where another government identification card used for tax purposes, the PAN card, is not shared with banks.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SvdKUmX

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