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Aadhaar fraud alert: How banks use new methods to protect your money from scammers, ET Telecom

Federal Bank: Aadhaar enabled payment systems (AePS) transaction fraud can be done if the fraudster has got access to the bank customer s fingerprint/IRIS impression/data, their Aadhaar number and name of the bank where the account is maintained. In order to stay protected from this kind of fraud an individual must take certain steps. Further banks also help in prevention of such a fraud.

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