NewzToday Show

Aadhaar-based Face Authentication: Check out the new feature of IPPB – Here are the key benefits

News Image
India Post Payments Bank (IPPB) has launched a nationwide Aadhaar-based face authentication service, making digital banking more accessible, secure and convenient for all, particularly the elderly and differently-abled individuals. IPPB has introduced Aadhaar-based face authentication for banking transactions, developed in collaboration with UIDAI. This feature uses facial recognition to verify identities, making banking more accessible and inclusive. By eliminating the need for physical biometric inputs or OTPs, IPPB aims to provide a seamless and customer-centric experience, aligning with its mission of "Aapka Bank, Aapke Dwaar".Addressing the launch event, R Viswesvaran, MD & CEO, IPPB said, “At IPPB, we believe that banking should not just be accessible, but dignified too. With Aadhaar-based face authentication, we are ensuring that no customer is left behind due to limitations in biometric fingerprints or OTP verification. It’s not just a tech feature; it’s a step towards redefining financial inclusion at scale.”IPPB’s Face Authentication Feature: Key benefitsSecure Aadhaar Authentication without dependency on OTP or fingerprint sensors.Fast and Contactless Transactions for a smoother customer experience.Safe Banking During Health Emergencies, where physical contact may be risky.Support for All Banking Services, including account opening, balance inquiry, fund transfers, and utility payments.The launch of IPPB face authentication facility is aligned with Digital India and Financial Inclusion missions of the Government of India. IPPB encourages all its customers, especially those who have faced challenges with fingerprint-based authentication, to experience the simplicity and power of this new feature, read the PIB release.About India Post Payments BankIndia Post Payments Bank (IPPB) has been established under the Department of Posts, Ministry of Communication and was launched on September 1, 2018. The bank has been set up with the vision to build the most accessible, affordable and trusted bank for the common man in India.