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

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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'Crooks Exploiting Tech Vulnerabilities in Aadhaar System,' Delhi Police Writes to UIDAI

In an instance cited by Delhi Police, it notes that as many as 12 bank accounts were opened under the names of different persons, even though the photographs on the Aadhaar cards were all of the same individual's. ....

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How Fraudsters Are Using Loopholes In Aadhaar System To Create Fake IDs

The cops found out that the Aadhar system was not carrying out facial biometrics matching while generating an ID for any individual aaa ....

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Centre makes updating Aadhaar card every 10 years mandatory, here's what guidelines say

The Union IT Ministry has said that all Aadhaar card holders will have to update their cards every 10 years in an effort to tackle UIDAI fraud. ....

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UIDAI implements fingerprint 'liveliness', know how it will reduce fraud in Aadhaar-linked payments

This will enable the PoS to determine whether the fingerprint being used is linked with an individual who is alive or not. ....

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