Tag: Payments Vision 2028
BANKING & FINANCE RBI For Kill Switch, AI-Powered Fraud Detection To Fortify Digital Payments

The Reserve Bank of India (RBI) is exploring the introduction of new safeguards in digital payment systems, including a universal ‘kill switch’ and additional transaction frictions, as part of a broader strategy to combat rising digital payment frauds and enhance customer protection. According to the Reserve Bank of India Annual Report FY26, the central bank […]

CW Bureau · May 30, 2026
BANKING & FINANCE RBI Eyes Enhanced Safety In Digital Payments Under Its Vision 2028

India’s banking regulator, the Reserve Bank of India (RBI), is considering measures to enhance safety in digital payments, including enabling customers to switch transactions on or off across digital payment modes through issuer channels. According to Payments Vision 2028, released by the RBI, the central bank also plans to introduce a shared responsibility framework under […]

CW Bureau · Mar 29, 2026