Archive · 22 Jun 2025
India's Banks and RBI Launch Anti-Fraud Platform
Imagine a new system being built to catch online money scams.
It's like a super-smart detective using AI to watch all the money moving around.
Banks and the RBI are working together to build this system, called DPIP.
It will spot weird transactions and stop them before you lose money.
Sadly, fraud is a big problem, and it's getting worse.
The new system will share info between banks and block suspicious websites.
It's designed to help keep your money safe online and make digital payments safer.
RBI and banks are creating a Digital Payment Intelligence Platform (DPIP) to combat online fraud.
The DPIP will use AI for real-time fraud detection and data sharing across financial institutions.
Reported bank fraud nearly tripled in FY25, reaching ₹36,014 crore.
Airtel proposed a shared repository to block fraudulent websites.
The platform aims to increase trust in India's digital payment systems.
- Who
- The Reserve Bank of India (RBI) in collaboration with public and private sector banks.
- What
- Development of a Digital Payment Intelligence Platform (DPIP) to detect and prevent online financial fraud.
- When
- The platform is expected to launch in the coming months.
- Where
- India
- Why
- To address the surge in digital payment frauds and enhance the security of India's digital financial infrastructure.
Airtel's Perspective
Banks/RBI Perspective
Fraud Prevention
Airtel's Perspective
Fraud is rapidly evolving and current systems are reactive.
Banks/RBI Perspective
Fraud is rapidly evolving and current systems are reactive.
- Platform Name
- Digital Payment Intelligence Platform (DPIP)
- Lead Developers
- Reserve Bank Innovation Hub (RBIH)
- Reported Bank Frauds FY25
- ₹36,014 crore
- Frauds FY24
- ₹12,230 crore
- Focus
- Real-time fraud detection and prevention