UIDAI added a new security feature to the Aadhaar Enabled Payment System

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UIDAI added a new security feature to the Aadhaar Enabled Payment System

The UIDAI (Unique Identification Authority of India) recently added a new security feature to the Aadhaar Enabled Payment System (AEPS). The security feature is known as fingerprint ‘liveliness,’ and it is expected to help prevent the use of forged fingerprints to withdraw money via AEPS.

According to an ET report, a senior government official stated that the new feature has been pushed to AEPS point of sale (PoS) machines via a software upgrade. The PoS can now determine whether the fingerprint being used belongs to a living person or not.
The official mentioned above also stated that instances of fraud are extremely rare (about 0.005%). According to current statistics, AEPS has enabled over 1,507 Cr last-mile banking transactions. As a result, there have been approximately 7.54 lakh fraudulent transactions in the system (a simple calculation, taking the number of transactions and the percentage of fraudulent transactions).

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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The UIDAI (Unique Identification Authority of India) recently added a new security feature to the Aadhaar Enabled Payment System (AEPS). The security feature is known as fingerprint ‘liveliness,’ and it is expected to help prevent the use of forged fingerprints to withdraw money via AEPS.

According to an ET report, a senior government official stated that the new feature has been pushed to AEPS point of sale (PoS) machines via a software upgrade. The PoS can now determine whether the fingerprint being used belongs to a living person or not.
The official mentioned above also stated that instances of fraud are extremely rare (about 0.005%). According to current statistics, AEPS has enabled over 1,507 Cr last-mile banking transactions. As a result, there have been approximately 7.54 lakh fraudulent transactions in the system (a simple calculation, taking the number of transactions and the percentage of fraudulent transactions).

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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