Since its establishment in October 2021, Aadhaar-based face authentication transactions for service delivery have achieved an unprecedented milestone, recording an all-time high of 10.6 million in May.
This denotes the second successive month with more than 10 million face verification exchanges, exhibiting a wonderful 38% expansion contrasted with January 2023 figures. The fame of this innovation keeps on rising, supported by the in-house artificial intelligence
Diverse Applications Empowered by UIDAI’s Face Authentication Solution
The UIDAI’s face authentication solution has been embraced by 47 entities, including state government offices, federal government ministries, and various banks. This versatile technology serves numerous purposes, including:
- Ayushman Bharat Pradhan Mantri Jan Arogya Yojana: Facilitating the registration and authentication of beneficiaries under this healthcare scheme.
- PM Kisan Scheme: Ensuring secure authentication of beneficiaries to enable effective implementation of this scheme.
- Digital Life Certificates: Enabling retirees to generate digital life certificates from the comfort of their homes.
Advantages and Integration of Face Authentication
The convenience and speed of face authentication are two of its many benefits. In addition to fingerprint and OTP-based authentication, it serves as an additional method of authentication. In response to user requests, the UIDAI also completed 14.86 million Aadhaar upgrades in May, further improving the system’s reliability and security.
Aadhaar e-KYC Service: Enabling Transparent Business Transactions
In both the banking and non-banking sectors of the financial services industry, the Aadhaar e-KYC service continues to play an essential role. It makes business dealings go more smoothly by giving customers a better, more transparent experience. By the end of May 2023, there will have been over 15.2 billion e-KYC transactions, with over 254 million of them occurring in May alone.