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    RBI Targets Fraud with Push Payment Controls and Authentication

    Mumbai, April 9 To mitigate financial fraud, the Reserve Bank of India (RBI) on Thursday proposed a delay in credit for authorized push payments and a control or kill switch for digital payments.It also proposed limiting the total amount of credits in an account to help counter the problem...
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    • authentication authorized push payments cybercrime digital payment controls digital payments financial fraud fraud prevention fraud reporting high-value transactions kill switch payment security rbi reserve bank of india transaction delay
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    • Forum: Business
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