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Search Results for: e banking
“Set a thief to catch a thief”… In the context of AI in Banks
AI is the buzzword in the tech world right now. Any software developer today meeting a client will first try to project how AI is built into his product to make it more efficient and cost effective. Every industry is … Continue reading
Posted in Cyber Law
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Chat GPT: Destroying the Trust in Internet
When Internet was first introduced with the World Wide Web, the world was excited. We all thought that an “Information Super Highway” has been created and it will bring the Encyclopedia Britannica into my desktop. No doubt this happened and … Continue reading
Posted in Cyber Law
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Who is responsible for the CitiBank fiasco?
It is time for a PIL to explore the inconvenience and business disruption caused to customers of Citi Bank because of the acquisition of its consumer business to Axis Bank. The damage caused to individual businesses whose cheques would have … Continue reading
CBDC or E Rupee and the Data Protection Bill 2022
We are aware that RBI is implementing a pilot project to introduce E Rupee as its CBDC. The E-Rupee or CBDC-Retail will be a tokenized version of a currency denomination. It will therefore be a digital document that is stored … Continue reading
Posted in Cyber Law
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ONDC could be the next Digital Revolution in India
On September 30, 2022, beta testing of the Open Network for Digital Commerce (ONDC) started in 16 pin codes in Bangalore. This is a great initiative to bring the small merchants who were hitherto loosing their business to the E … Continue reading
Posted in Cyber Law
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Countdown to Digital Society Day 2022 has begun
October 17th each year since 2000 has been a day to remember as the day when the Indian Digital Society was born. Just as India existed from time immemorial but we celebrate August 15 as the day of our independence, … Continue reading
Posted in Cyber Law
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