What They Talk About When They Talk About ‘QR Code Verification’ or ‘Paperless Aadhaar KYC’

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So it’s been a little over a month since the Supreme Court issued the Aadhaar judgment. The rumour mills have been going overboard about the future of Aadhaar and KYC. Regulated private entities have been hankering after their respective regulators to continue to allow paperless alternatives to Aadhaar-based eKYC so that customer on-boarding time and … Continue reading What They Talk About When They Talk About ‘QR Code Verification’ or ‘Paperless Aadhaar KYC’

Data Localisation: Why the RBI isn’t Listening to Your ‘Mirroring’ Argument

The RBI’s mandate to payment systems providers that they store ‘the entire data relating to payments systems operated by them… in a system only in India’ expires today. But you already knew that. Two US senators, John Cornyn and Mark Warner, co-chairs of the US Senate’s India caucus, we are told, have jumped into the … Continue reading Data Localisation: Why the RBI isn’t Listening to Your ‘Mirroring’ Argument