The new platform, being developed by the RBI’s innovation hub, will collect data from various sources to trace mule accounts and flag risks to both customers and banks
This comes a year after reports first surfaced that the RBI was looking to develop an AI-enabled system to alert individuals about real-time financial fraud
Indians lost INR 107.21 Cr to cyber frauds in the first nine months of FY25 amid a spate of online frauds in the country
With an eye on curbing…








