Banking services will become safer…AI model will be implemented in banks to prevent digital fraud
Samira Vishwas | August 28, 2026 2:24 AM CST
New Delhi. AI Model will soon be implemented in banks to make banking services safe and prevent digital fraud. Digital Payments Intelligence Platform System will be implemented on a large scale to detect fraud in time.
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Read this also Digital records of the bank will get legal status. 135 year old law to banking is going to change
The government is trying to prevent digital fraud from social welfare schemes to MSME loan market. This will ensure accountability, transparency and cyber security in the financial sector through AI and machine learning.
RBI is preparing to include all security models to AI and machine learning in it. The risks posed by third party AI will also be taken into account. Additional cybersecurity measures will apply to AI systems that come into direct contact with customers.
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