Technology

Thousands of bank accounts at stake as NADRA disables biometric verification via mobile app

National Database and Registration Authority (NADRA) has asked the commercial banks to disable biometric verification facility for customers using mobile apps, as reported by ProPakistani. NADRA claims that the agreement it had signed with banks for biometric verification of their customers was regarding bank branches and ATMs but the biometric authentication via the mobile app was never a part of the agreement.

It is pertinent to note here that this facility was quite beneficial for overseas Pakistanis, patients, and senior citizens as it was convenient for them to verify their accounts through NADRA-based biometric process. This move by NADRA will badly impact the ongoing system of biometric verification as thousands of people would have easily availed this facility by staying at their homes using mobile applications.

See Also: Govt to collect over Rs. 350 billion through e-Pay portal developed by PITB

For the uninitiated, the State Bank of Pakistan (SBP) had issued a directive last year in October that all the commercial banks including microfinance and Development Finance Institutions (DFIs) must verify the bank accounts of their customers with biometrics. Those people who have bank accounts at any bank in Pakistan will now have to verify biometrics, otherwise, their account will get temporarily blocked.

To provide convenience to their customers, several banks including Standard Chartered, Bank Alfalah, Meezan Bank and Silk Bank have launched apps for biometric verification of customers. The apps use NADRA’s biometric verification data to authenticate a customer’s bank account. But now, NADRA is seeking regulatory approval from SBP to resume the facility of biometric verification via mobile apps under new terms and conditions. An anonymous source told ProPakistani,

“We received an email and call from NADRA asking to disable the mobile app facility for the customers as this does not fall in the agreement.”

On the other hand, senior bankers have raised concerns that disabling this system would slow down the process of biometric verification of bank accounts in Pakistan. SBP should step-in to resolve the matter and resume the facility on behalf of the commercial banks in order to speed up the process.

Sponsored
Sajeel Syed

I am a writer at TechJuice, overseeing IT, Telecom, Cryptocurrency, and other tech-related features here. When I'm not working, I spend some of my time with good old Xbox 360 and the rest in social activism. Follow me on Twitter: https://twitter.com/sajeelshamsi

Leave a Comment
Share
Published by
Sajeel Syed

Recent Posts

Google Play Services Bug Disrupts Access to Apps for Pixel Users: Here’s How to Fix It

A significant issue with Google Play Services has left many Pixel users unable to access…

4 mins ago

WhatsApp Beta Partners with Google for Innovative Image Search Feature

When it comes to Android messaging apps, WhatsApp stands out as one of the best.…

41 mins ago

Farrukh Sabzwari Appointed as CEO of PSX, Set to Serve for Three Years

Farrukh H. Sabzwari has been appointed Chief Executive Officer (CEO) of Pakistan Stock Exchange Company…

1 hour ago

250 Government Schools to Be Run by Private Sector

RAWALPINDI: The chairman of the Punjab Education Foundation, Malik Shoaib Awan, stated on Monday that…

3 hours ago

Pakistan Launches First National Sex Offenders Register to Combat Sexual Violence

Pakistan has taken a significant step towards addressing sexual violence and abuse with the introduction…

3 hours ago

SBP Chief Reports October Remittances Exceed $3 Billion

KARACHI: The State Bank of Pakistan (SBP) is anticipating $500 million from the Asian Development…

3 hours ago