RBI's Digital Payments Intelligence Platform to flag risky transactions

The Reserve Bank of India (RBI) is preparing to operationalise a Digital Payments Intelligence Platform (DPIP) that will leverage artificial intelligence (AI) to flag risky transactions and curb fraud.

“We are now implementing the Digital Payments Intelligence Platform; the actual prototype is being developed by our innovation hub,” said T. Rabi Sankar, deputy governor, RBI. “An entity is being set up to run this. The basic idea is to collect information from multiple sources—mule accounts, telecom, geographical location, and more—and train an AI system on this data.”

Sankar explained that the system will generate pre-transaction alerts if it identifies a risk, allowing banks or customers to decide whether to proceed.


“We believe this will have a significant impact in reducing the number of frauds,” he said.

DPIP aims to strengthen fraud risk management by enabling real-time intelligence sharing across the ecosystem. By collecting and analysing data from diverse sources, the platform will identify potential threats and prevent scams before they materialise.

In FY25, banks reported 13,516 cases of card and internet frauds amounting to Rs 520 crore. Most frauds occurred through digital channels such as cards and internet banking. While private sector banks saw the bulk of these digital frauds, public sector banks reported most frauds linked to their loan books.