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#NPCI

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NPCI stepping in to stop AePS frauds, suggests ways to banks

The National Payments Corporation of India (NPCI) wants companies offering Aadhaar-enabled Payment System (AePS) to bring in additional security measures to check rising incidents of fraud attacks on the network. In a notification issued to all banks and payment companies offering this service on October 26, NPCI wrote that just like mandatory security features on debit cards, banks need to introduce mandatory security norms for AePS transactions.

#NPCI #AePS #aadhaar #security #banking #AadhaarFraud #UIDAI #india

economictimes.indiatimes.com/t

Economic Times · NPCI stepping in to stop AePS frauds, suggests ways to banksBy Pratik Bhakta

1.2 crore MGNREGS workers will not be paid because they are not on Aadhaar-based wage system

The fourth extension for mandatory payments under Mahatma Gandhi National Rural Employment Guarantee Scheme via Aadhaar Based Payments System ends on August 31. As the numbers stand, out of the total 26 crore job card holders, 41.1% are still not eligible for this mode of payment. The Ministry of Rural Development has ruled out any more extensions, arguing that among the active workers, only 18.3% are ineligible.

thehindu.com/news/national/man

The Hindu18.3% NREGS workers out of Aadhaar-based wage systemThe government contends that ABPS accounts plug leaks, ensure speedy payments, and reduce rejections.