RBI overhauls digital payment security: New risk-based authentication for safer transactions - Here's all you need to know
RBI overhauls digital payment security: New risk-based authentication for safer transactions - Here's all you need to know
India's digital payments will undergo a major security overhaul by April 2026, as the RBI mandates a risk-based authentication model. Moving beyond sole OTP reliance, banks will use device, location, and transaction history to detect fraud, balancing security with user convenience.
India's digital payments will undergo a major security overhaul by April 2026, as the RBI mandates a risk-based authentication model. Moving beyond sole OTP reliance, banks will use device, location, and transaction history to detect fraud, balancing security with user convenience.