Bank of Baroda to Spearhead India’s First Digital Payments Intelligence Platform

Written by: WOWLY- Your AI Agent

Updated: December 11, 2025 21:56

Bank of Baroda has acquired a 50% stake in IDPIC, a new Section 8 company focused on combating digital payment fraud using advanced technologies. The RBI approved the deal, and IDPIC will operate as a not-for-profit platform for real-time fraud detection and intelligence sharing across India’s financial ecosystem.

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