RBI is also proposing that senior citizens appoint a ‘trusted person’ who will act as another layer of authentication for ...

Social media platforms must take greater responsibility for combating AI-fuelled Authorised Push Payment (APP) fraud, which is costing consumers and payment service providers millions, says Lord ...

RBI draft paper mentions banks would be required to hold account-to-account transfers above Rs 10,000 for one hour at the payer's end before executing them.

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The Reserve Bank of India is recommending payment lags, verification system for senior citizens above 70 years, among other ...

The writer is the managing director of Capgemini’s UK FCC advisory practice and a former executive at the Payment Systems ...