Wednesday, May 24, 2023

Banks, lenders wary as RBI tags C-KYC high risk; Snap bulking up India team in monetisation push

Centralised Know Your Customer (C-KYC) database, which was conceived as a solution to KYC challenges faced by financial institutions, has been flagged as high risk by the Reserve Bank of India, making lenders wary. This and more in today’s ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/VRXvMGe

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Poor data sharing undermining EU cyber defences, auditors say

The 27-nation bloc was investing more and more in cybersecurity - with €1.4 billion ($1.61 billion) in its current budget - and improving co...