Tuesday, 31 March, 2026
RBI Overhauls Digital Payment Authentication to Boost Security and User Experience
By Isha
The Reserve Bank of India (RBI) has introduced a new digital payment authentication framework, effective April 2026, mandating two-factor authentication with at least one dynamic factor per transaction. This risk-based approach considers device, behavior, location, and transaction history to detect anomalies. Experts commend the move for enhancing security while reducing friction, aligning India with global best practices.
Read full story at Economic Times