Comply with Aadhaar-related data protection laws and regulations.
KYC (Know Your Customer) institutions are required to verify the identity of their customers to prevent fraud, money laundering, and other financial crimes. Aadhaar masking is an essential practice that KYC institutions can adopt to protect their customers' privacy and prevent identity theft.Aadhaar masking is an essential practice that KYC institutions can adopt to protect their customers' privacy and prevent identity theft. KYC institutions can use Aadhaar masking during the KYC verification process, loan application, account opening, and document sharing. By doing so, they can ensure that their customers' personal information is kept safe and secure.
KYC (Know Your Customer) institutions shall use Aadhaar masking in several ways:
•KYC Verification: KYC Verification: KYC institutions can use Aadhaar masking during the KYC verification process. Instead of displaying the entire Aadhaar number, only the last four digits can be shown, which is sufficient for verification purposes.
•Loan Application: KYC institutions can mask the Aadhaar number when a customer applies for a loan. This ensures that the customer's Aadhaar number is not visible to unauthorized parties.
•Account Opening: KYC institutions can use Aadhaar masking when opening an account for a customer. The masked Aadhaar card will only display relevant information, such as the name and date of birth, while keeping the Aadhaar number hidden.
•Document Sharing: KYC institutions can mask the Aadhaar number when a customer shares their Aadhaar card as proof of identity or address.
Our Deep learning algorithm for automated Aadhaar masking, to automatically redact certain parts of an Aadhaar card, such as the Aadhaar number.However, there are several challenges that we addressed to effectively implement deep learning-based Aadhaar masking solutions: