Airtel Payments Bank Leads the Way with I4C’s Real&Time API for Enhanced Security!

Ganesh Ananthanarayanan, Chief Operating Officer of Airtel Payments Bank, commented on the development: "At Airtel Payments Bank, customer safety is at the heart of everything we do. Our integration with I4C, Ministry of Home Affairs not only demonstrates our commitment to stay ahead in the fight against financial frauds but also ensures real-time resolution of fraudulent compliant reported on National Cybercrime Reporting Portal (NCRP). This integration further strengthens our safety solutions suite crafted to protect our customers."

Reserve Bank of India (RBI) has issued a comprehensive advisory to Banks/FIs based on the inputs from I4C, Ministry of Home Affairs. Department of Financial Services (DFS) has also directed all banks to collaborate with National Cybercrime Reporting Portal (NCRP) of I4C, Ministry of Home Affairs for implementing mitigation measures to stop fraudulent transactions within the digital ecosystem.  Post API integration, Airtel Payments Bank along with other banks have shown significant improvement in the turnaround time resulting in   holding of the crime proceeds within the digital financial ecosystem.

Airtel Payments Bank offers a comprehensive safety solution suite, powered by Artificial Intelligence (AI) and Machine Learning (ML), to strengthen its ability to detect and mitigate fraud. The integration with I4C, Ministry of Home Affairs also aligns with the Bank's efforts to provide a proactive and technology-driven approach to address the growing menace of financial frauds in today’s digital-first environment.

About Airtel Payments Bank:

Airtel Payments Bank offers a diverse range of safe, simple, and rewarding banking solutions through a network of over 5 lakh banking points spread across the country and its digital platforms. The Bank has also built a robust digital payments ecosystem across the country. Airtel Payments Bank is focused on contributing to the Government’s vision of Digital India and Financial Inclusion by taking digital banking services to the doorstep of every Indian.