Tuesday, March 10

Banking Connect: New net banking platform to help RBI monitor fund transfers with shorter lag, says NPCI arm

Banking Connect, a new net banking platform by NBBL, will allow the RBI to monitor fund transfers in shorter lag, aiding in tracking flows to sectors like crypto and gaming. This platform aims to significantly increase monthly bill payment volumes and enhance fraud prevention by addressing existing gaps in the payment ecosystem.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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