February 2025 marked a 14 percent yearly growth for Aadhaar authentication and digital KYC transactions in India, says the Ministry of Electronics and IT. According to a news release , the country recorded at least 2.25 billion Aadhaar-based authentications and at least 430 million digital KYC checks by the end of that month, 14 percent more than the numbers at that same time last year. The government says the developments represent huge success of the biometric digital ID and its growing adoption in sectors such as banking, finance, and others, making processes more seamless, secure, and efficient. Per the release, there was a record growth rate of 125.4 million for face biometric authentication, representing a 1.15 billion cumulative figure. The government says the figures mean that the process has continued to get “good traction,” and that it also represents the biggest number of Aadhaar-based face authentications since the process was introduced in October 2021. The service is also being opened up to the private sector . Officials say about 97 different businesses and organizations have signed up to the face authentication service, with five new entities recently doing so, as the service continues to enable institutions across sectors to […]
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