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The Reserve Bank of India mandated the deletion of card-on-file data by merchants and PA/PGs. Industry bodies and civil-society organisations gave inputs seeking an extension of this deadline in December last year, including The Dialogue and Deepstrat which published a paper outlining the challenges associated with rushed compliance. The RBI, taking cognisance, gave a six-month […]

Categories: Privacy, Technology

As we know, Central Bank Digital Currency (CBDC) is a hot topic of interest. The Indian government has announced its intention to introduce CBDC. Globally, the CBDC idea came in response to the spectacular rise of Bitcoin as an alternative currency. Something was seen that was needed to be done. CBDC was deemed to have […]