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Google announced at its ‘Google for India’ event that it will use a collaborative and proactive approach to share knowledge and insights with their partners in the ecosystem.
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All about DigiKavach:
(1.) As per Google, DigiKavach is a system designed to detect and study emerging financial fraud patterns before they cause significant damage.
(2.) Under this, its teams will first study scammer tactics, and then analyze the information to detect threats early.
(3.) Finally, the teams will collaborate with external stakeholders to cross-share insights effectively.
(4.) In collaboration with the Fintech Association for Consumer Empowerment (FACE), the tech firm based in Mountain View, California will prioritize identifying potential threats.
(5.) In our ongoing fight against predatory digital lending apps on Play Store in the Asian nation.
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