PSU banks to hold majority in digital payments intel body

Published in Economic Times | August 2025

According to Manoj Ajgaonkar, Partner, Digital, Trust and Transformation, Forvis Mazars in India, fraud prevention platforms themselves are now high-value targets and so the system needs to be protected with strong encryption, limited access and routine testing "DPIP will do much to reduce payment fraud while building public confidence in India's digital payments system," he said.