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tru.ID, the Mobile Verification Platform, Expands Passwordless Device Authentication Solution to India, Adds Local Data Residency

tru.ID launches SIM-based authentication services in India to help digital banks, FinTechs and e-commerce companies prevent identity fraud and secure transactions Mobile verification platform tru.ID ....

Natalie Malevsky , Kostenloser Wertpapierhandel , Paul Mcguire , Network Operators , Reserve Bank , Master Direction , Digital Payment Security Control , Mobile Network Operators ,

Bengaluru-based Smahi Foundation of Policy and Research released a report, highlighting key issues of digital payments in India.

by Swarajya Staff - Jun 3, 2021 07:39 AM
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Snapshot
While digital payments are largely a success story in India, there are some issues which demand immediate attention.
The Bengaluru-based Smahi Foundation of Policy and Research has published a report on Indiaâs digital payment sector and the revolution which changed the transaction system in the country.
As per Smahi, which is a non-profit organization, Indiastackâsuch as Aadhar, UPI, e-KYC, and e-signature, is paving the way for a massive world-leading âDigital Payments Revolutionâ.
The entry of well-funded and aggressive technology-first enterprises (which were formerly dominated by banks) has made digital payments commonplace in India, laying a strong basis for digitalization and cross-selling of other financial services and products. ....

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