Aadhaar can reduce bank fraud

Aadhaar can reduce bank fraud

There has been Rs 3 billion loss in the past year due to fraud in the banking sector and the linking of bank accounts with Aadhaar can drastically reduce such frauds, said A.B. Pandey, chief executive officer of Unique Identification Authority of India ( UIDAI) on Friday, while speaking at the fifth Global Conference on Cyber Space (GCCS) in the national capital.

The Business Standard, New Delhi, 25th November 2017

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