Wednesday, December 16, 2020

RBI identifies cross border payments for the second leg of 'sandbox' innovation

Under the program which commenced earlier this year, banks, fintech and technology companies can collaborate and run real-time experimental pilots under the supervision of a central bank team who can then determine the efficacy of mass-market applications based on the results.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-identifies-cross-border-payments-for-the-second-leg-of-sandbox-innovation/articleshow/79764527.cms

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