08Jun 2024

RBI TO ESTABLISH DIGITAL PAYMENTS PLATFORM TO CURB FRAUD

Why in the news? RBI proposes a platform for network-level intelligence and real-time data sharing to curb digital payment frauds. RBI plans to include recurring payments like Fastag and National Common Mobility Card (NCMC) in the e-mandate framework. To promote quick small-value payments through an on-device wallet, RBI proposes bringing UPI Lite under the e-mandate …

07May 2024

UGI USER
anonymity Blockchain CBDC India digital currency e-payments e-Rupee financial technology fintech Privacy transaction logs
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PERMANENTLY DELETING LOGS CAN HELP MAKE E-RUPEE ANONYMOUS’

Why in the news? RBI Governor suggests permanent transaction deletion to enhance e-rupee anonymity, aiming to match paper currency’s level of privacy. source:enterslice About the RBI Governor’s Remarks on E-Rupee Anonymity: RBI Governor Shaktikanta Das proposed permanent deletion of transactions to enhance anonymity in e-rupee or CBDC. This measure aims to align digital currency with …

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RBI TO ESTABLISH DIGITAL PAYMENTS PLATFORM TO CURB FRAUD

PERMANENTLY DELETING LOGS CAN HELP MAKE E-RUPEE ANONYMOUS’

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