India's digital payments industry has received much-needed security enhancements, thanks to new rules from the Reserve Bank of India (RBI). Even as India's digital payment ecosystem has continued to ...

MUMBAI (Reuters) -India's central bank on Thursday issued final guidelines for authentication mechanisms in digital payment transactions, aiming to bolster security and encouraging innovation in fraud ...

India's transition to a digital payment powerhouse has been remarkable, driven by the success of platforms like UPI, mobile wallets, and the e-commerce boom. Yet, the journey is far from over.

The adoption of new two-factor authentication (2FA) systems in 2024, particularly biometric authentication and passkeys, has delivered measurable improvements in digital payment transaction success ...

India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.

MUMBAI, Sept 24 (Reuters) - India is in talks with countries in Africa and South America to help them build a digital payments system using its homegrown Unified Payments Interface (UPI) as a ...