Nepal Launches E-Pension Verification System to Streamline Benefits for Retirees
Summary
Nepal has launched the E-Pension Verification system enabling over 350,000 pensioners to update their Life Certificates online using AI-based facial recognition, eliminating the need for physical presence and saving the government significant commission fees.
Key Points
- Nepal has inaugurated the E-Pension Verification system allowing pensioners to update their Life Certificates online.
- The system uses AI-powered 'Liveness Verification' technology developed by Third Factor AI under Prixa.
- This new process will save the government approximately 150 million rupees annually in bank commissions.
- Automation will eliminate human errors and enhance transparency in pension distribution nationwide.
