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Top News In Payment System Operators Today - Breaking & Trending Today

RBI places norms on cyber resilience and digital payment for PSOs

RBI has released a draft on cyber resilience and digital payment security controls for payment system operators, inviting feedback until June 30, 2023. Key directions include a board-approved Information Security policy and Cyber Crisis Management Plan among others ....

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RBI releases draft rules on cyber resilience, digital payment security controls for PSOs

The central bank on April 8 during monetary policy had said it will issue these directions ....

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RBI proposes tighter PSO norms to shore up digital payment security

As per the proposed directions, PSOs will have to report any unusual incident including those involving cyberattacks, outage of critical system or infrastructure, internal fraud and settlement delay to RBI within six hours of detection. ....

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Rise and rise of digital payment in Nepal

The current momentum could help build a complete digital ecosystem required for sustainable economy. ....

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India's Banking and Finance Sector Has New Rules For IT Outsourcing

New legal considerations and contractual requirements for IT service providers to banks and financial institutions in India. IT service providers to be under additional level of compliance, audit and oversight, data storage norms and cyber security incident reporting. ....

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