The Indian Payments ecosystem is going through rapid change and advancement. The Reserve Bank of India (Digital Payment Security Controls) Directions 2020 were issued for regulated entities to set up a robust governance structure for such systems and implement common minimum standards of security controls for channels like internet, mobile banking, and card payments, among others. In this paper, we demonstrate how FIDO Authentication represents the best way for organizations to implement simpler, stronger authentication that meets Reserve Bank of India’s Master Direction on Digital Payment Control requirements, while also enhancing the user experience.
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White Paper: FIDO Authentication in Digital Payment Security
The Indian Payments ecosystem is going through rapid change and...
Charting an Accelerated Path Forward for Passwordless Authentication Adoption
Andrew Shikiar, executive director and CMO, FIDO Alliance FIDO Alliance...March 17, 2022