$ICICIBANK

India's RBI is considering new measures to enhance payment security, particularly for senior citizens as digital fraud rates surge. The suggestions include introducing payment lags and verification checks to mitigate risks associated with digital transactions. These measures highlight the growing concerns around cybersecurity in financial services, potentially leading to compliance costs for affected companies. Banks and fintech firms may face increased scrutiny and regulatory measures in response to these developments. Overall, this news reflects a proactive approach to addressing a rising threat in the digital payment landscape.