Biometric-A Fraud Reduction Technology in E-payment and its impact on Inclusive Growth of India
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2015, Vol 3, Issue 2
Abstract
Inclusive growth is very important for the progress of developing nations and it is not possible without financial inclusion. Government has already given directives on financial inclusion and most Indian banks and other institutions are taking requisite technological initiatives and solutions to support the policy. Automated Teller Machine has become popular in rural as well as urban areas of the country and it is a very strong chain in the direction of financial inclusion. This century will be known for technology innovations thus people are becoming more and more depended on e-banking, ATM and online money transactions to meet their needs. On one hand with extensive usage of technology people are feeling convenient but on the other hand the increase in financial fraud can’t be denied. The paper focuses on the ways of reducing financial frauds through biometric technology and the process of biometric identification. It also describes its role in strengthening financial inclusion and economic position of India.
Authors and Affiliations
Swatantra Kumar, Sanjay Baijal, Arjumand Bano
Investigation of Thermal Barrier Coating on I.C Engine Piston
Thermal Barrier Coating(TBC) are used to stimulate the reduced heat rejection in engine cylinders. It reduces the heat transfer to the water cooling jacket and exhaust system. Thus improves the mechanical efficiency. In...
slug“HUMAN resource ACCOUNTING: a strategic approach to corporate excellence”
In the era of Globalization of economy, organizations are considering their employees as “Human Capital' 'Human Capital' (HC) refers to the features such as knowledge, skills, attitude, creativity, aptitude, and commitm...
Determining and Analyzing Design Components to Increase Social Interactions Case Study: Sattarkhan Street, Shiraz
Lively cities need active social interactions, economic prosperity and businesses on thestreets and in business centers. Successful business needs potential customers. Increasing social interactions, economical trade an...
S.M.A.R.T Generator
The project helps to design a device that can be used as a replacement of conventional non-renewable energy sources by non-conventional renewable energy sources, so that usage of fossil fuel will be reduced. .Production...
Assessment of Water Quality Index of Shahpura Lake Bhopal and It’s Restoration
The water of Shahpura Lake is suffering from severe contamination which is due to heavy discharge of pollutants without adequate treatment to remove harmful compounds. This is leading to the damaging effects not only to...