Fintechs should join the govt’s anti-fraud platform to help curb the menace: Financial services secretary Nagaraju

Fintech startups should join the government-backed fraud detection platform — India Digital Public Intelligence — as shareholders along with public sector banks, said M Nagaraju, secretary, department of financial services, ministry of finance.

The platform, which is meant to track and prevent cyberattacks in the financial services sector, will be operational within the next two months, he said while speaking at an industry event organised by the Unified Fintech Forum and India Fintech Foundation in Bengaluru on Friday.