Home New Alert Nadra Launches Contactless Biometric Verification Services for Banking

Nadra Launches Contactless Biometric Verification Services for Banking

Nadra Launches Contactless Biometric Verification Services for Banking

Capitalising on technical advancements, and as per the request of State Bank of Pakistan (SBP), National Database and Registration Authority (Nadra) has launched latest Contactless Biometric Verification Services for the Banking and Payments Industry, making Pakistan one of the first countries in the world to implement this technology on national level.

The service was launched during the visit of Dr. Reza Baqir, governor State Bank to Nadra Headquarters, here on Thursday, says a press release. The banks in Pakistan will make use of the digital app on smart phones capturing and verifying biometrics of the potential account holders from their homes. With the introduction of this digital technology the banking system will take paradigm shift adding remote biometric capturing technology to digital banking system.

The service is initially extended to five banks nominated by SBP for pilot. Other banks and fully SBP licensed EMIs, after completion of necessary formalities will also be included in the pilot run. Once the pilot is completed, this service shall be extended to all banks/EMIs.

Banks have started development work to utilise this new service launched by Nadra last week. Nadra will also be providing this service to the Electronic Money Institutions (EMIs) as well as branchless banking providers. Capitalising on Nadra’s innovative product, the banks and EMIs are likely to start offering new digital banking services to its customers whereby bank customers will be able to open bank accounts and wallets and conduct biometric based financial transactions using their mobile phone cameras from the ease of their homes.

“This will not only revolutionise how banking and payments services are offered in the country but will also compliment the financial inclusion drive,” said Nadra chairman Nadra, who introduced a similar mobile verification service for Online ID Services (Pak ID) earlier that was launched by Prime Minister Imran Khan on 1 September, 2021.


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