financetom
Personal Finance
financetom
/
Personal Finance
/
UIDAI steps up security with upgraded fingerprint-based Aadhaar authentication
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UIDAI steps up security with upgraded fingerprint-based Aadhaar authentication
Feb 27, 2023 1:22 PM

The Unique Identification Authority of India (UIDAI) has introduced a new security mechanism for Aadhaar-based fingerprint authentication, aimed at detecting spoofing attempts more quickly, according to an official release on Monday.

The security mechanism is based on artificial intelligence and machine learning (AI/ML), which uses a combination of finger minutia and image to verify the liveness of the fingerprint captured.

In a statement, UIDAI announced a new security mechanism noting that "this is making Aadhaar authentication transactions even more robust and secure".

Also read: Now, check Aadhaar related queries with newly launched toll-free number and AI-powered chatbot

This two-factor/layer authentication adds additional checks to validate the genuineness of the fingerprint, making Aadhaar authentication transactions even more secure.

The development is expected to be particularly beneficial in sectors such as banking, finance, telecom, and government, and is expected to improve the Aadhaar-enabled payment system and prevent malicious attempts by unscrupulous individuals.

This will ultimately benefit the "bottom of the pyramid," or those at the base of the socio-economic ladder.

"The new security mechanism for Aadhaar-based fingerprint authentication has now become fully functional. The rollout and migration happened after months of discussion and hand-holding by UIDAI of its partners and user agencies," the release added.

The adoption of Aadhaar-based authentication transactions has been on the rise, with a cumulative number of Aadhaar authentication transactions crossing 88.29 billion as of December 2022, and an average of 70 million transactions per day.

Also read: Be 'courteous' while doing Aadhar check: UIDAI to offline verification seeking entities

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Best-performing energy stocks: February 2025
Best-performing energy stocks: February 2025
Feb 1, 2025
Energy stocks can be hot and cold, but when they're hot, they can move as quickly as any tech stock. And it's a popular sector to trade when oil prices skyrocket or geopolitical tensions ratchet up, as prices can become highly volatile and traders jump into the action. Because of that volatility, a list of the best performers won't tell...
Average cost of starting a small business
Average cost of starting a small business
Jan 31, 2025
There are many out-of-pocket expenses when you launch a new business. Depending on your industry, products or services and location, your startup funding needs could be as little as $100 for an online business to as much as $750,000 for a restaurant. While that's a wide range, you can narrow it down by listing out all your expected expenses and...
Best artificial intelligence (AI) ETFs
Best artificial intelligence (AI) ETFs
Jan 28, 2025
The artificial intelligence (AI) boom has investors wondering how they can benefit from what some experts believe is the next revolutionary technology. AI has the potential to drastically change how we live and work on a daily basis. AI ETFs are one of the simplest ways investors can participate in the growing artificial intelligence industry. Here are some top AI...
Should I draw from my retirement accounts to pay for home improvements?
Should I draw from my retirement accounts to pay for home improvements?
Feb 3, 2025
Key takeaways Borrowing from tax-advantaged accounts may end up costing you more than your original contributions. If you lose your job or move on to a different opportunity, you'll have to pay your entire loan balance back by the due date of your federal tax return. You can borrow up to 50 percent -- or up to $50,000 -- of...
Copyright 2023-2025 - www.financetom.com All Rights Reserved