Fintech Companies Face Government Action Over Unauthorised PAN Card Access
India has ordered fintech companies to stop using PAN cards without permission to create customer profiles or access personal information. This move, led by the Indian Cybercrime Coordination Centre (I4C), comes in response to growing concerns over the misuse of PAN data and follows the Digital Personal Data Protection Act, 2023. The goal is to protect citizens' data and ensure that companies get proper consent before using personal details.