Exclusive: Swift, RBI work on real-time monitoring after India’s biggest fraud

A Swift solution – FINcopy – will inform the Reserve Bank of India in real time of every cross-border transaction involving the country.
Exclusive: Swift, RBI work on real-time monitoring after India’s biggest fraud

The Reserve Bank of India and payments provider Swift are working together to introduce a so-called “integration package” that will allow the central bank to monitor transactions across the country's banking sector in real time, CT has learned.

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