Monday, June 27, 2016

Cyber Crime free Mobile Solutions for Banking & Financial Inclusion with no access to Internet

Is this possible?

While the debate on Cyber Security arising out of Internet connected world can go on, solutions that allow access to Internet only through out-of-band authentication over phone call ensure that the hackers and cyber crime are kept at bay while delivering e-governance.

Voice Bio-metric appears to be an attractive option as Voice Network has a higher degree of
penetration vis-à-vis Internet which is needed for finger-print and IRIS-based authentication and necessitates transmission of images to a Central Server. Further, voice being primary function of mobile SIM, Jan Dhan + Voice Biometric + Mobile is actual JAM in works technically.

The proposed solution with or without voice-biometrics can be part of “e-Pramaan” (see Annexure - 1) depository for nation-wide authentication parallely with Aadhaar.

Is it possible to devise a system that involves a MobileApp based MicroATM solution that can work with or without ATM Card and with or without access to Internet while ensuring cyber security.

Such a solution / service, can be a cost and time effective door step solution through which one can demonstrate how “e-Pramaan” can be used to quickly roll-out various e-governance initiatives including Jan Dhan in the absence of Pan India Internet cover along with hacker free security for MobileApp, Web, ATM & Desktop.

Please share your thoughts to help "Digital India" to go forward in the right "Disha" (meaning Direction).

Annexure - 1.

e-Pramaan is an initiative by the Government of India to standardize and ensure trusted, convenient and reliable online authentication identity management system. It provides a standard based strong authentication to the integrated services. e-Pramaan supports single as well as multi-factor authentication which can be customized as per the e-Gov service's requisites. In addition to authentication, e-Pramaan also provides features such as Single Sign On (SSO), two way authentication etc .

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