Unified Payments Interface (UPI) will now allow users to authenticate transactions using face or fingerprint recognition, making payments faster and more secure with initial Rs 5,000 transaction limit ...
RBI and DFS launched new UPI digital payment features at Global Fintech Fest 2025. UPI Multi-Signatory enables payments from joint accounts with multi-user approvals. Hands-free UPI Lite allows ...
Face authentication for PIN reset and biometric verification for transactions up to ₹5,000, making payments faster and more convenient ...
NPCI and RBI unveil landmark guidelines enabling biometric, wearable payments and aadhaar-based authentication, marking a new era in India’s digital payments ecosystem ...
The RBI and DFS introduced a number of UPI features at Global Fintech Fest 2025 to make digital transactions faster and secure.
The move, announced at the Global Fintech Fest, is expected to boost trust and accessibility in digital finance by adding a secure, simplified layer of verification.
The Reserve Bank of India and Department of Financial Services launched several digital payment innovations at the Global Fintech Fest 2025. Key features include UPI Multi-Signatory for joint accounts ...
Nagaraju, Secretary, Department of Financial Services, announced several new features for UPI. The updates aim to make payments more faster, secure and convenient for users. One of the key launches is ...
The government on Tuesday announced several new offerings like UPI with on-device biometric authentication for user-friendly alternative to PIN-based UPI authentication ...
Launched by the DFS Secretary, the On-Device Authentication for UPI enables customers to authenticate UPI payments directly through their smartphone’s built-in security options such as fingerprint or ...
The solution leverages UIDAI’s FaceRD App for Aadhaar-based facial verification, eliminating the need to manage multiple OTPs or card details, enhancing both convenience and security.
The government aims to complete the IDBI Bank stake sale before FY26-end and plans phased divestment in five PSU banks to meet SEBI norms ...