Fintech can help check digital frauds, says RBI Deputy Governor Sankar
The Reserve Bank Deputy Governor T Rabi Sankar said fintech holds promise to prevent frauds, which has become apparent as the pace of digital penetration has outstripped awareness. "... We need to concentrate and focus all our attention on minimising digital fraud... We need to up our guard against digital frauds and cyber crimes," Sankar stressed.
ICICI Bank faces intermittent downtime on Payments stackIt could not be ascertained what was the glitch that was causing this issue, though a few users said the issue was going on since a “few hours.” It could not be ascertained how many ICICI Bank customers were impacted due to the downtime.
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