The regulatory landscape for digital payments is continuously evolving, placing a high emphasis on secure authentication. For banks and Non-Banking Financial Companies (NBFCs), meeting the stringent guidelines set by the Reserve Bank of India (RBI) is critical, particularly the mandate for two-factor authentication (2FA) which includes a mandatory dynamic factor
FinaGuardAI, a smart multifactor authentication solution, provides a compliant and highly flexible pathway to implement this crucial dynamic factor using established methods like OTP.
