RBI mandates two-factor authentication for digital payments from April 2026 to enhance security, reduce fraud, and protect consumers. Learn methods, timelines, and compliance details. RBI Mandates Two-Factor Authentication for Digital Payments from April 2026 Introduction to RBI’s New Digital Payment Guidelines The Reserve Bank of India (RBI) has introduced the “Authentication Mechanisms for Digital Payment…
RBI AePS new rules 2026 will enforce stricter KYC, real-time fraud monitoring, and one operator–one bank policy from January 1. Read full details for competitive exam preparation. RBI Tightens AePS Rules to Combat Fraud From January 2026 Strengthening the AePS Framework The Reserve Bank of India (RBI) issued a directive on June 27, 2025, introducing…
RBI Unveils MuleHunter AI to Combat Financial Fraud The Reserve Bank of India (RBI) has introduced an advanced artificial intelligence (AI) tool named MuleHunter to strengthen the fight against financial fraud. The tool is designed to track and identify suspicious banking activities, particularly focusing on fraudulent transactions linked to mule accounts. Mule accounts are typically…
Scam Se Bachao: Government and Meta Team Up to Fight Online Scams Introduction to the Initiative In a significant development aimed at combating the rising tide of online scams, the Indian government has partnered with Meta, the parent company of Facebook and WhatsApp. The initiative, dubbed “Scam Se Bachao” (Save Yourself from Scams), focuses on…
Swiggy Enhances Fraud Prevention with SHIELD Partnership Introduction to the Partnership Swiggy, a leading online food delivery platform, has recently partnered with SHIELD, a risk AI platform specializing in device intelligence, to bolster its fraud prevention capabilities. This strategic collaboration is aimed at combating promo abuse and fraudulent activities within Swiggy’s ecosystem. Leveraging Device Intelligence…
