The Reserve Bank of India is phasing out its long-standing reliance on SMS-based one-time passwords (OTP), moving the country’s entire digital payments industry to a broader, risk-based framework for ...
As transactions have grown increasingly digital, service providers rarely (if ever) come face-to-face with their customers. This means that without reliable means of authentication, they have no way ...
MANILA, Philippines — More companies in the Philippines are expected to adopt a stronger, layered and passwordless authentication methods as the Bangko Sentral ng Pilipinas (BSP) urges financial ...
Does the rising number of OTP frauds and password hacking instances concern you? Researchers at IIT Mandi have developed a revolutionary system which will capture unique user biometric-based behaviour ...
The banking regulator RBI has issued a draft framework and sought comments from financial and tech platforms to explore and adopt other authentication mechanisms besides the SMS-based OTP method, ...
In a major move to bring transparency to its Tatkal ticket booking system, Indian Railways will introduce Aadhaar-based OTP (One-Time Password) authentication for online bookings starting July 1, 2025 ...
The Government of India has enabled a fast and secure way to sign documents online using a method called eSign, which works in conjunction with Aadhaar OTP verification. This digital facility has ...