Banks cease cryptocurrency transactions IANS Jul 6, 2018 In a bid to protect consumers and curb money laundering and other financial irregularities, the RBI had, on April 5, barred all…
Cyber regulations, data protection need to be top policy priority for govts: Experts Mohit Rathod Jun 25, 2018 Governments and policy makers should accord top priority to cyber regulations and data protection norms, where laws need to catch…
IT Ministry asks NPCI to check compliance of WhatsApp payments, data safety: Sources Mohit Rathod Jun 4, 2018 The Ministry of Electronics and IT is learnt to have asked National Payment Corporation of India (NPCI) to check if WhatsApp…
Bharat BillPay marks 75% growth in transactions in March Mohit Rathod Apr 16, 2018 One-stop bill payment platform Bharat BillPay has registered a 75 per cent year-on-year growth in the number of transactions at…
Privacy, data leak, data trail, strategic issues to need RBI’s focus on cryptocurrency:… Mohit Rathod Apr 10, 2018 Describing the RBI move to explore and examine introduction of official virtual currency in the country, the ASSOCHAM has,…
RBI asks payment banks to store user data only in India Mohit Rathod Apr 6, 2018 The Reserve Bank of India has asked payments banks to store user data only in India, saying that public’s confidence in the system…
RBI lists supervisory and risk management steps for banks Abhishek Raval Apr 4, 2018 The central bank has directed all banks to implement as many as 29 measures — from creating an alert system by June 30 on breach…
RBI directs banks to audit SWIFT transactions by June 30 Abhishek Raval Mar 29, 2018 The central bank, under attack over its supervisory framework following the fraud, has already directed all banks to link SWIFT…
IT expertise at banks’ board level a must, says RBI ED Srikanth RP Nov 13, 2017 With cyber threat emerging as a major risk for the financial sector, the Reserve Bank today said banks need to have a board with…
RBI’s inter-operability to boost digital payments: Wallet companies Rachana Oct 5, 2017 Users may soon be able to transfer funds from one mobile wallet to another, with the Reserve Bank of India (RBI) allowing…