India to Enable Digital Payments via BiometricsÂ
India approved the payment method using fingerprint and facial recognition, effective October 8. The authentication will be complete using biometric data stored under the Government of India’s unique Identification system, Aadhaar, said sources familiar with the matter. The initiative follows recent transaction rules, as NPCI revised its limits guidelines in accordance with the RBI, which…
Vipin
Indian Fintech Company BharatPe To Overhaul Governance Framework
Indian payment startup BharatPe said on Tuesday that its board had recommended several measures following corporate governance issues, including the termination of several employees & vendors and filing criminal cases for misconduct. BharatPe, a Fintech and IPO-hopeful company, allows people to make payments through QR codes. It had initiated a corporate governance review in January…
Aman Goyal