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  • How Can AI-Powered Banking Systems Help Banks Modernize in 2026?
    Customers today want to open an account, pay a bill and take a loan from their phone. Banks want to give them that, but building everything from scratch can take years. This is why Banking as a Service is growing fast in India, the USA, South Africa and the UAE. In this guide, FSS TECH explains in very simple words how Banking as a Service works. We also cover online banking systems, machine...
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  • Cashless Payments Market: Mobile Wallets, Contactless Payments and QR Code Trends
    Cashless Payments Market: Growth, Trends, Drivers and Forecast 2033 Overview The Cashless Payments Market is experiencing strong growth as consumers, businesses, financial institutions, and governments increasingly shift from traditional cash transactions toward digital payment methods. The rapid expansion of fintech ecosystems, rising smartphone adoption, improving internet connectivity, and...
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  • Financial App Market Size, Share, Trends, and Growth Forecast
    The global Financial App Market is witnessing exceptional growth, driven by rapid digitalization, rising smartphone penetration, expanding financial inclusion, and growing consumer demand for convenient and personalized financial services. Valued at USD 129.6 billion in 2025, the market is projected to reach USD 328.5 billion by 2033, expanding at a CAGR of 12.8% during the forecast period....
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  • AI-enabled Biometric Market Size, Share, Trends, and Growth Forecast
    The global AI-enabled biometric market is witnessing robust growth, fueled by rising security concerns, digital transformation, increasing identity theft, and the growing adoption of advanced identity verification technologies. Valued at USD 20.2 billion in 2025, the market is projected to reach USD 52.7 billion by 2033, expanding at a CAGR of 14.2% during the forecast period. AI-enabled...
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  • How Much Does a Gojek Clone Script Cost in Singapore vs. the UK?
    When you reach out to five development companies to discuss the cost of a Gojek clone, you will get five different answers. That's because the "cost" can vary dramatically depending on the path you choose, either building from scratch or using a Gojek clone script. But that's not all; it can change depending on your hiring model too. Understanding these variables is key to launching a Gojek...
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  • What Are the Latest Trends Shaping the Core Banking Software Market in 2026?
    Core Banking Software Market: Growth, Trends, Demand & Forecast to 2034 Core Banking Software Market Overview The global Core Banking Software Market was valued at USD 22.32 billion in 2026 and is projected to reach USD 80.65 billion by 2034, expanding at a CAGR of 17.4% during the forecast period. Core banking software provides the technology...
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  • Best AI in Banking and Finance Providers in India 2026
    AI in banking and finance means using artificial intelligence and machine learning to help banks, fintech companies and financial institutions make better and faster decisions. In simple words, AI helps financial systems understand large amounts of information, find unusual activity and take action faster. In 2026, the focus is moving beyond small AI experiments. Banks and financial companies...
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  • Quick Collateral Free Financing With Sales Invoice Discounting
    Navigating Working Capital Pressures in Competitive Markets In the fast-paced world of modern commerce, maintaining adequate working capital is the primary engine of business survival and growth. As companies scale their operations and secure larger corporate clients, the volume of outstanding invoices naturally increases. However, waiting for these accounts receivable to mature can create...
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  • What does the DPDP Act actually require from your business
    I've sat through a lot of "we'll deal with it later" conversations about India's data protection law. I get why. The Act passed back in 2023, the rules only showed up in November 2025, and the real deadlines still feel far off. They're not as far off as they feel. Let me walk you through what this law actually requires, and what you should be doing about it right now. Quick answer: the DPDP...
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  • Cyprus as an Important Trade Center: Trade Patterns and Chances for India
    Cyprus is a small island country that plays a big role in international trade and logistics.  It is at the crossroads of Europe, Asia, and Africa. Because it is in the eastern Mediterranean, it is a significant hub for air and marine travel that connects Europe to the Middle East and other places. As per Cyprus Export Data by Import Globals, Cyprus has become a service-oriented economy...
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  • FinTech Business Analytics: How Data Analysts Model Credit Default Risk for Indian Lending Apps
    Applying for an instant personal loan or Buy Now Pay Later (BNPL) credit line across Indian FinTech platforms takes under three minutes. Driven by seamless Unified Payments Interface (UPI) integration, digital KYC, and real-time bank statement parsing, digital lending apps across Bengaluru, Gurgaon, Mumbai, and Hyderabad process millions of loan disbursements every month. However, approving...
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  • What Is Mantra Softech's Iris Recognition Technology?

    Mantra Softech's iris recognition technology captures and matches the unique patterns of the human iris to verify identity, used in government, banking, and enterprise identity verification systems. It is one of the core biometric modalities offered by Mantra Softech, alongside fingerprint and facial recognition.

    Key Facts
    ●20+ years of experience in biometric technology, including iris recognition
    ●6.5M+ biometric devices delivered across 50+ countries
    ●1,000+ client organisations using its biometric technology worldwide
    ●300+ engineers and a 300,000 sq. ft. manufacturing facility
    ●STQC certification from UIDAI for its biometric devices
    ●1.5 billion+ transactions processed across its biometric technology
    ●100M+ people authenticated through its biometric devices

    Is Mantra Softech's Iris Recognition Technology Certified?

    Yes. Mantra Softech's biometric devices, including its iris recognition technology, hold STQC certification from UIDAI, and the company has contributed to India's Aadhaar ecosystem using proprietary sensor and algorithm technology developed in-house.

    Where Is Mantra Softech's Iris Recognition Hardware Made?

    Mantra Softech designs and manufactures its iris recognition hardware at the company's own 300,000+ sq. ft. facility in India, supported by a team of 300+ engineers, giving it end-to-end control over device quality.

    Where Is Iris Recognition Technology Used?

    Mantra Softech's iris recognition technology is used across government, banking, fintech, healthcare, transportation, and enterprise security sectors — supporting high-security identity verification alongside fingerprint and facial recognition.

    How Widely Is Mantra Softech's Biometric Technology Deployed?

    Mantra Softech's biometric technology, including iris recognition, has processed more than 1.5 billion transactions and authenticated over 100 million people. With 6.5M+ devices delivered across 50+ countries and 1,000+ client organisations, the company's technology sees sustained global use.

    Frequently Asked Questions

    What is iris recognition technology?
    A biometric method that captures and matches the unique patterns of the human iris to verify a person's identity.

    Is Mantra Softech's iris recognition technology certified for Aadhaar use?
    Yes. The company's biometric devices hold STQC certification from UIDAI and have contributed to India's Aadhaar ecosystem.

    How many biometric devices has Mantra Softech delivered?
    Over 6.5 million biometric devices across more than 50 countries, serving 1,000+ client organisations.

    How many people have been authenticated using Mantra Softech's biometric technology?

    Over 100 million people, through more than 1.5 billion biometric transactions.
    Source: https://www.mantratec.com/

    WWW.MANTRATEC.COM
    Mantra Softech | Biometric Security Solutions
    Mantra Softech India Pvt Ltd - India's leading biometric manufacturer. Fingerprint scanners, iris scanners, access control and Aadhaar-certified devices.
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