The Financial Express (Delhi Edition)

Nilekani happy at Aadhaar progress

DCB Bank opens Aadhaar-enabled, cardless ATM in Bengaluru

- Fe Bureau

Bengaluru, June13: Former chairman of the Unique Identifica­tion Authority of India (UIDAI) Nandan Nilekani on Monday said his dream project is progressin­g well to achieve the goals for which the body was set up by the UPA gover nment a few years ago.

“We have already seen one billion Aadhaar numbers in the country and 100 million authentica­tions are taking place every day using Aadhaar numbers,” he said.

Speaking after inaugurati­ng an Aadhar-enabled ATM opened by DCB Bank, he said the Aadhaar project has been designed for many use cases other than banking applicatio­ns. Today, the government is using it for attendance of its employees. The entire public distributi­on system in Andhra Pradesh is Aadhaar-enabled. Any ration card holder can now buy rice at any of the 29,000 PDS shops across the state because of the portabilit­y of Aadhaarena­bled PDS system, Nilekani said.

Lauding the efforts of DCB Bank for introducin­g fingerprin­t authentica­tion system for withdrawin­g cash at its ATMs, Nilekani said banks can now use the iris identifica­tion system along with fingerprin­ts to authentica­te banking transactio­ns. Already, mobile devices maker Samsung has introduced tablet with iris recognitio­n software and within a year, smart phones will come to the market with the iris recognitio­n software, he predicted.

DCB Bank on Monday launched its cardless ATM in Bengaluru, which is enabled by one's Aadhaar number and Aadhaar fingerprin­t (biometric) instead of the regular method of using debit card and PIN to dispense cash.

“DCB Bank is the only commercial bank to have launched Aadhaar-enabled ATM in the country. In April this year, we had launched first such ATM on a pilot basis in Mumbai...” Murali M Natarajan, managing director & chief executive officer, DCB Bank, said.

Newspapers in English

Newspapers from India