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Reserve Bank of India Fines Visa for Unapproved Payment Authentication
The Reserve Bank of India (RBI) said Friday (July 26) that it fined Visa Worldwide Pte. Limited for its use of an unapproved payment authentication solution. “It was observed that the entity had implemented a payment authentication solution without regulatory clearance from RBI,” the central bank and regulatory body said in a Friday press release. […]
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