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eshram one stop solution launched

eShram: One Stop Solution Launched- All Key Details

India’s unorganised workforce, which contributes significantly to the country’s economy, often faces barriers in accessing social security schemes. These workers, whether daily wagers, gig workers, or others employed informally, form a major chunk of India’s total workforce. To address their welfare needs, the Government of India launched the eShram portal

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KYC vs eKYC

Differences Between eKYC And Traditional KYC

Traditional Know Your Customer (KYC) processes, once the pillar of customer onboarding, are increasingly being supplemented or replaced by electronic Know Your Customer or eKYC methods. This shift from paper-based, manual verification to digital KYC solutions is not merely a technological upgrade—it’s a fundamental transformation in how organisations approach customer

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What is enhanced due diligence

What Is Enhanced Due Diligence? Meaning And Uses

Enhanced Due Diligence (EDD) is a key process in today’s regulation-laden environment, especially in countries like India, where financial institutions need robust measures to mitigate risks related to money laundering (AML) and counter-terrorism financing (CTF). EDD is an advanced form of Know Your Customer (KYC) and Customer Due Diligence (CDD),

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Suspect Registry

Suspect Registry & Samanvay Platform Launched: Read All Key Details

On 10th September 2024, the Government of India launched several initiatives aimed at strengthening the nation’s cyber security with the launch of the National Suspect Registry. Union Home Minister Amit Shah, while addressing the first Foundation Day of the Indian Cyber Crime Coordination Centre (I4C) in New Delhi, announced this

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Aadhaar update deadline extended

UIDAI Extends Free Aadhaar Update Deadline Till September 14, 2024

The Unique Identification Authority of India (UIDAI) has announced an extension for the free update of Aadhaar details, with the new deadline set for September 14, 2024. This extension provides precious time for residents to ensure their Aadhaar information is up-to-date without incurring any fees, as post-deadline updates will be

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Aadhaar UPSC verification

Centre Allows UPSC To Verify Candidates Using Aadhaar

In a first-of-its-kind decision, the Union Public Service Commission (UPSC) has been authorised by the central government to implement Aadhaar-based authentication for verifying candidates’ identities voluntarily during various stages of its examination and recruitment processes. This move comes after the controversy surrounding Puja Khedkar, a probationary IAS officer from the

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What is Supplier Contract Management

What Is Supplier Contract Management?

What Is Supplier Contract Management? Supplier Contract Management is the systematic process of managing agreements with suppliers to ensure they are fulfilled efficiently and effectively. It begins with contract creation, where terms such as pricing, delivery schedules, and quality standards are negotiated and documented. Once executed, the contract is monitored

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MeitY New age guidelines for minor verification

MeitY Calls For New Age Verification Methods For Children Online

India’s Digital Personal Data Protection (DPDP) Act has posed a significant challenge for tech companies, especially concerning the age verification of users under 18 and obtaining parental consent. The Ministry of Electronics and Information Technology (MeitY) has been engaging with industry stakeholders to find viable solutions, yet a universally accepted

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The most noteworthy aspects of our collaboration has been the ability to seamlessly onboard partners from all corners of India, for which our TAT has been reduced from multiple weeks to a few hours now.

- Mr. Satyasiva Sundar Ruutray
Vice President, F&A Commercial,
Greenlam

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