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Government Sets Up India Digital Payment Intelligence Corp to Contain Cyber Frauds
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The government has set up the India Digital Payment Intelligence Corporation (IDPIC) to share real-time fraud intelligence and alerts with banks and financial institutions.
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Government Sets Up India Digital Payment Intelligence Corp to Contain Cyber Frauds
The government has set up the India Digital Payment Intelligence Corporation (IDPIC) to share real-time fraud intelligence and alerts with banks and financial institutions. The move aims to contain cyber financial frauds and protect consumers. Finance Minister Nirmala Sitharaman said the new entity has been set up in consultation with the Reserve Bank of India (RBI). The IDPIC will provide real-time alerts to banks and financial institutions to prevent cyber frauds.
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