FinTech
RBI Directs Banks To Integrate DoT’s Tool To Curb Cyber Frauds
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SUMMARY
The RBI advisory, which was issued on June 30, aims to crack the whip on cyber frauds by leveraging new-age technologies
The FRI enables relevant stakeholders to take additional measures for consumer protection to curb financial frauds undertaken by mobile numbers tagged as high risk
The National Quantum Mission is establishing a task force to enable banks to adopt the emerging technology for cybersecurity, financial modelling, and data analysis
Amid the growing spate of cyber crimes, the RBI has directed banks and…
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