Modernization of its structured financial messaging system, augmentation of infrastructure security layer and adoption of Wi-Fi 6 across the organization are among the Reserve Bank of India’s...
Aug 28, 2020
7,131
0
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables banks to send and receive information about financial transactions in a secure, standardized...
May 08, 2019
15,823
5
The Reserve Bank of India (RBI) has released a draft approach paper to roll out Regulatory Sandboxes (RS), a mechanism to facilitate technology-leveraged innovation in the financial sector in a...
Apr 24, 2019
150,422
107
The Reserve Bank of India (RBI) has imposed a monetary penalty of INR 10 million on Indian Bank for contravention of RBI circular on Cyber Security Framework in banks issued by the regulator in...
Dec 11, 2018
9,050
2
After years of announcements regarding blockchain Proofs of Concept and Pilots, a first successful enterprise grade deployment that includes multiple financial services organizations has taken place...
Apr 04, 2018
9,080
0
With the Institute for Development and Research in Banking Technology (IDRBT), the nodal technology research centre set up by RBI announcing a successful trial of blockchain technology involving a...
Jan 25, 2017
17,453
2
The Reserve Bank of India has set up an inter regulatory Working Group (WG) to study the entire gamut of regulatory issues relating to Fin Tech and Digital Banking in India. RBI’s financial stability...
Jul 15, 2016
9,941
1
Banks should immediately put in place a cyber-security policy approved by their respective boards, Indian banking regulator Reserve Bank of India has said in a circular sent to all CMDs/CEOs of...
Jun 07, 2016
8,981
2
Where do Indian chief information security officers (CISOs) stand in the organizational structure? Who do they report to? What is their relationship with other functional departments, especially IT...
Nov 23, 2015
16,842
4