Tag: UPI growth
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
ECONOMY Swipe, Scan & Send: How Fast The New Money Language Is Evolving

Not long ago, a simple financial transaction demanded time, effort, and patience. Paying bills meant standing in long queues. Sending money required a visit to the bank, filling out forms, and waiting days for confirmation. For millions in India without access to banking, it meant exclusion from the financial system itself. That India, however, is […]

CW Bureau · Apr 11, 2026