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Decoding APAAR ID — India’s new Aadhaar-like student ID system to secure & verify academic credits

Inc42 · 1y ago

Decoding APAAR ID — India’s new Aadhaar-like student ID system to secure & verify academic credits

The Indian government is developing an Academic Bank of Credits (ABC), an integrated system that combines academic achievements from formal educational channels and informal learning. This system aims to make academic credits easily accessible and address concerns regarding data security and large-scale inclusion. The ABC IDs, similar to Aadhaar cards, will store and manage all academic credits digitally, allowing for seamless data sharing and verification. The initiative seeks to eliminate the time-consuming and expensive process of verifying credentials, reduce the prevalence of fake degrees, and provide a secure and authenticated system for educational data.

Related News

Experts flag APAAR risks as institutes push enrollment

Economic Times

Economic Times · 5m ago

Experts flag APAAR risks as institutes push enrollment

The APAAR ID initiative in India aims to streamline student data management by providing a unique 12-digit ID, but experts express concerns about potential privacy risks. Central issues include the enforcement of APAAR ID enrollment, the lack of clear data privacy standards, and the need for a robust legal framework. While it has potential benefits for obtaining verifiable parental consent under the Digital Personal Data Protection Act, addressing data security and privacy concerns is crucial for its successful implementation.

Tinder is making it harder to get a blue verification checkmark

The Verge

The Verge · 1y ago

Tinder is making it harder to get a blue verification checkmark

Tinder is implementing a new verification process to combat catfishing. Users will now need to upload a photo of their driver's license or passport, in addition to taking a video selfie, to get a blue checkmark. Tinder will cross-check the ID photo with the profile pictures and also verify the user's age through their ID. The feature was initially tested in Australia and New Zealand and will be rolled out in the US, Mexico, UK, and Brazil. This new process aims to ensure that users feel more secure when matching on the platform.

Startups weigh government nod to use Aadhaar KYC for gig workers - The Economic Times

Economic Times

Economic Times · 18d ago

Startups weigh government nod to use Aadhaar KYC for gig workers - The Economic Times

Startups in food delivery, e-commerce, and ride-hailing sectors seek government approval for Aadhaar authentication to improve gig worker verification processes. Following a government crackdown on unauthorized Aadhaar usage, startups like Protean eGov Technologies are proposing secured channels for Aadhaar access. The move aims to streamline Know Your Customer (KYC) procedures and ensure secure onboarding. Discussions are ongoing about adopting Digilocker-based and redirection verification methods to comply with regulations and enhance identity verification.

Decoding Warburg Backed Avanse’s Stronghold In The Student Loan Market Ahead Of Its INR 3,500 Cr IPO

Inc42 · 1y ago

Decoding Warburg Backed Avanse’s Stronghold In The Student Loan Market Ahead Of Its INR 3,500 Cr IPO

Avanse Financial Services, a leading non-banking financial company (NBFC) in the student credits market, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The company aims to raise INR 3,500 Cr through the IPO, with INR 1,000 Cr as a fresh issue and INR 2,500 Cr as an offer for sale component. Avanse focuses on education loans, particularly for foreign schools, and is expected to benefit from the growing demand for educational loans and potential interest rate cuts. The company has received investments from Kedaara Capital, Warburg Pincus, Mubadala Investment Company, and Avendus.

How To Lock Any iPhone App Behind Face ID, Touch ID, or a Passcode

Gizmodo

Gizmodo · 1y ago

How To Lock Any iPhone App Behind Face ID, Touch ID, or a Passcode

Adding an extra layer of protection to certain apps on your phone can help keep sensitive data secure. Apple's Shortcuts app allows you to create a Lock Screen shortcut to lock specific apps automatically. Other apps like WhatsApp and Dropbox also offer the option to require Face ID or Touch ID authentication to access the app. Additionally, Apple's Notes app allows you to protect individual notes with a password or Face ID/Touch ID. The Lock Screen shortcut can be used in other automations as well, providing added security.

Government launches Entity Locker for secure document management

Economic Times

Economic Times · 6m ago

Government launches Entity Locker for secure document management

The government has launched Entity Locker, a cloud-based solution for secure document management, targeting organizations like MSMEs, corporations, and startups. Developed by the National E-governance Division of the Ministry of Electronics and IT, it offers real-time access and verification through integration with government databases and ensures secure document sharing and management. Entity Locker supports Aadhaar-authenticated access, features legally valid digital signatures, and connects with systems like the Ministry of Corporate Affairs for efficient compliance.

Google offers Rs 19,500 premium AI plan to Indian students for free - The Economic Times

Economic Times

Economic Times · 9d ago

Google offers Rs 19,500 premium AI plan to Indian students for free - The Economic Times

Google is offering Indian college students access to its Rs 19,500/year AI Pro plan for free until September 15, 2025. The offer includes advanced AI tools, like Gemini 2.5 Pro and Deep Research, and offers 2TB cloud storage. Students must verify through SheerID and use personal Gmail accounts to claim access. This initiative aims to support students by providing valuable AI tools for academic projects, enhancing learning and research capabilities.

ETtech Explainer: Behind crackdown on unauthorised use of govt databases for user onboarding

Economic Times

Economic Times · 1m ago

ETtech Explainer: Behind crackdown on unauthorised use of govt databases for user onboarding

The Indian government is restricting private companies from using official databases like Aadhaar for identity verification to prevent unauthorized access. Startups such as Zoop and Signzy, offering ID verification services, were affected by the order restricting database access through telecom networks. While major startups follow regulations, smaller players might access data illegally. The crackdown aims to ensure services are provided through legal channels to protect sensitive user information, ensuring a smoother customer experience.

Sebi Promotes CeFCoM for Secure Payments to Investment Advisers and Research Analysts

Economic Times

Economic Times · 1m ago

Sebi Promotes CeFCoM for Secure Payments to Investment Advisers and Research Analysts

SEBI has recommended that investors use the Centralized Fee Collection Mechanism (CeFCoM) for secure payments to registered investment advisers and research analysts. CeFCoM, managed by BSE Ltd and MF Utilities India Pvt Ltd, is a transparent system distinguishing registered professionals from unregistered ones, helping verify service legitimacy. Over Rs 5 crore has been paid via CeFCoM, which supports various payment modes, enhancing security and transparency in financial transactions.

Tackling fake Aadhaar cards and cross border payments: Inside Cashfree’s next phase of growth

YourStory

YourStory · 2m ago

Tackling fake Aadhaar cards and cross border payments: Inside Cashfree’s next phase of growth

Cashfree Payments, a Bengaluru-based fintech company, focuses on AI-driven fraud prevention and cross-border payment solutions. The company plans to expand its Secure ID fraud-detection suite and capture cross-border payment flows, anticipating substantial growth. Cashfree leverages AI for identity verification and fraud detection, contributing significantly to its revenue. Co-founders Reeju Datta and Akash Sinha highlight their strategy of building robust infrastructure to facilitate international and domestic transaction flows, aiming to strengthen their position in India’s digital payments market.

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