For decades, the financial sector and other industries have relied on an authentication mechanism dubbed “know your customer” (KYC), a process that confirms a person’s identity when opening account ...

LPG consumers may need to complete the Aadhaar-based authentication to continue receiving cylinder deliveries, as the Ministry of Petroleum and Natural Gas has stated that all the domestic LPG ...

KYC, or “know your customer,” is a process intended to help financial institutions, fintech startups and banks verify the identity of their customers. Not uncommonly, KYC authentication involves “ID ...

The Union petroleum ministry on Tuesday clarified that biometric Aadhaar authentication for electronic know your customer (e-KYC) is required only for “unauthenticated” LPG customers, amid concerns ...