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NewsDesk Milli Chronicle September 25, 2025 card-not-present authentication, cross-border transactions India, digital banking security, digital payment compliance, digital transaction security, emerging payment technologies, fintech India, fraud prevention India, India digital payments, India financial regulation, Indian banking tech, payment innovation, RBI digital framework, RBI guidelines, risk-based checks, secure fintech solutions, secure online payments, SMS OTP India, transaction authentication India, two-factor authentication

India central bank allows risk-based checks in new digital payment guidelines

Mumbai (Reuters) – India’s central bank on Thursday issued final guidelines for authentication mechanisms in digital payment transactions, aiming to