RBI: New tech has led to increase in fraudulent apps & mis-selling: RBI
The Reserve Bank of India (RBI) on Monday said that emerging technology has led to proliferation of fraudulent apps and mis-selling. Fintech firms still face significant challenges in counterparty credit risk assessment despite significant footprint expansion, the central bank said in its report on currency and finance.“Digitalisation presents challenges related to cybersecurity, data privacy, data … Read more
