Media & Resources
According to media, Central Bank of RF intends to tighten security requirements to electronic payments.
DATE: September 23, 2015 | AUTHOR: atlawyers
According to media, Central Bank of RF intends to tighten security requirements to electronic payments. Banks will be required to obtain confirmation from the client to carry out these operations, for example, through the code sent by a text message. Central Bank of RF is not inclined to determine a particular method of confirmation, but each bank shall set out security procedures in their internal documents which may be checked by the Central Bank.