RBI's RBIH to Launch AI-Driven Digital Payments Intelligence Platform in Six Months
Reserve Bank Innovation Hub is building DPIP, an AI system that will assign real-time risk scores to every digital transaction across Indian banks and payment providers to detect fraud. Build timeline pegged at six months, with senior leadership hires underway.
RBI subsidiary RBIH is building the Digital Payments Intelligence Platform (DPIP), an AI-driven system to assign real-time risk scores to every digital transaction in India, helping detect fraud across banks and payment providers. Build timeline: six months.