SECURITY & FRAUD
UPI fraud complaints dropped 18% after biometric re-verification rollout
Banks credit the fall to mandatory re-KYC for dormant UPI handles reactivated after 90 days.
Author: info@unlocktech.in
UPI & NPCI
Feature-phone UPI (UPI 123Pay) crosses 20 million registered users
Adoption is strongest in states with lower smartphone penetration, NPCI data shows.
APIS & INFRA
NPCI opens API sandbox for third-party UPI innovation, first cohort named
Fourteen startups get early access to build on top of UPI's core payment rails.