Sat Aug 02 14:30:00 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:
**India Post Payments Bank Launches Face Authentication for Banking Transactions**
**New Delhi:** India Post Payments Bank (IPPB) has rolled out a groundbreaking new feature allowing customers to conduct banking transactions using only facial authentication, eliminating the need for OTPs or fingerprint verification. This initiative leverages the Unique Identification Authority of India (UIDAI) system, enabling customers to authenticate transactions simply by using their face.
The face authentication system enhances security and reduces the risk of fraud.
The technology offers significant benefits for senior citizens, individuals with disabilities, and those with faded fingerprints who often face challenges with traditional biometric or OTP-based authentication. Now, they can conveniently access banking services by simply showing their face to a camera. It is also helpful for customers who are sick.
“We want banking to be not just accessible but also dignified,” said R. Visweswaran, MD and CEO of IPPB. “This technology is a means of bringing along those who have so far been left behind due to OTP or biometrics.”