DPIP: RBI's AI tool to detect fraud in real timeReserve Bank of India is launching a Digital Payments Intelligence Platform (DPIP) that will use AI to detect and prevent payment frauds in...
RBI's Digital Payments Intelligence Platform to flag risky transactionsThe RBI is developing a Digital Payments Intelligence Platform (DPIP) using AI to detect risky transactions and prevent fraud. The system w...
RBI working on platform to lock phones bought on default loansThe Reserve Bank of India is examining a phone security platform allowing lenders to remotely lock mobile phones of defaulting borrowers. T...
Govt weighs special courts to fast-track bank fraud casesThe government is considering establishing special courts to expedite the resolution of bank fraud cases, with discussions underway between...
PSU banks to hold majority in digital payment intel bodyTo combat payment fraud, state-run banks will spearhead the Digital Payments Intelligence Platform (DPIP), holding a majority stake in this...
RBI-led initiative to curb digital frauds gains momentum, banks roped in to set up DPIPTo combat the surge in digital payment frauds, major Indian banks are collaborating with the RBI to develop the Digital Payment Intelligenc...
Rahul Gandhi backs off from participating in Invest Karnataka meetJaitley will inaugurate the event, Nitin Gadkari will inaugurate the exhibition, while Karnataka chief minister Siddaramaiah will preside.
- Improve the delivery mechanism
The decision to increase the states’ share in central taxes to 30.5% from 29% and the Centre’s efficient tax collection has resulted in sta...