Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud

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The post Reserve Bank of India plans intelligence platform’ to curb digital payments fraud appeared first on CoinGeek.

Influential legislator Anatoly Aksakov says CBDC payments will be the norm in the next five years, and Russia will be paying in digital ruble by the second half of 2025.

Many frauds occur by influencing unsuspecting victims to make the payment or share credentials,” the central bank said in its statement on Developmental and Regulatory Policies.

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Article Details

Author / Journalist: Pradipta Mukherjee

Category: Crypto

Markets: CanadaIndia

Topics: Reserve Bank of India Fraud Business Digital Payments Intelligence Platform

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-15 @ 09:00:01 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 730 words

Reading Time: 5 minutes read

Sentences: 21 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21259188

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