Authentication: GK, General Studies and Current Affairs

Axis Bank becomes India’s first bank to introduce iris authentication for Aadhaar-based transactions through micro ATMs

Axis Bank has become the India’s first bank to introduce Iris Scan Authentication feature for Aadhaar-based transactions through its micro ATM tablets. As per study conducted by the International Centre for Biometric Research (ICBR), Iris scan technology is completely contactless and provides up to 98.2% authentication success rate and offers an edge over other prevalent ..