Financial Fraud Risk News

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RBI Mandates Banks to Integrate DoT’s Financial Fraud Risk Indicator in Major Cybersecurity Push

TIT Correspondent info@impressivetimes.com NEW DELHI, 02 JULY: In a landmark move to counter rising cyber-enabled financial frauds, the Reserve Bank of India (RBI) has issued an advisory mandating all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by the Department of Telecommunications (DoT). […]

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