TiE Chennai in association with CAMS organized a discussion on “Leveraging the Billion Unique IDs”
A training session on how entrepreneurs can design solutions that could service millions of people and billions of transaction with the help of e-KYC and Aadhaar - enabled payment system
Chennai, July 22, 2016: After the successful launch of Financial Technology Special Interest group (FinTech SIG), TiE Chennai in association with CAMS organized a discussion on “How to Leverage Billion Unique IDs”. The Aadhaar - enabled authentication combined with innovative solutions from NPCI (National Payment Corporation of India) is all set to transform payments, transaction processing, KYC, etc
Mr. Ramesh Vijayakumar, NPCI discussed the key innovations, changing regulations and technology landscape highlighting opportunities for new ways of doing e-KYC using Aadhaar authentication for transaction approval, financial services, peer to peer lending and Unified Payment Interface, etc. The seminar was attended by budding entrepreneurs and leading executives in the Financial and IT sector from the city.
Speaking on the occasion, Mr. Narayanan, President, TiE Chennai, says, “TiE Chennai created Financial Technology Special Interest Group platform to update the new age entrepreneurs and leaders in Financial Technology space with the recent developments, challenges and new trends in the industry. The session today helped the participants with lot of technological knowhow on how the entrepreneurs can take Aadhaar advantage to the next level and create simple solutions for the benefit of customers using technology in the financial space. We will organize more such sessions in the future.”