MILES AXLE Translation. Region: Russian Federation –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Dmitry Grigorenko took part in the forum of innovative financial technologies Finopolis 2024 in Sochi
Deputy Prime Minister – Chief of the Government Staff Dmitry Grigorenko took part in the session “Digital technologies serving society: a new look at fintech and government services” as part of the Finopolis 2024 forum of innovative financial technologies in Sochi.
He noted that Russia is currently integrated into the global IT space. This is proven by the fact that our country faces the same digitalization challenges as all other countries. The key tasks remain the development of data transmission and processing infrastructure, the introduction of artificial intelligence, information protection, overcoming regulatory barriers and adaptation to changes in consumer expectations.
The Deputy Prime Minister stressed that these challenges concern both public and private institutions, including the banking sector.
“We have designed a national project, “Data Economy”. This is the basis for work. But it is important to remember that plans alone will not lead to results. Therefore, the main challenge in digitalization is to implement everything planned,” said Dmitry Grigorenko.
Today, the financial sector is helping to implement measures aimed at creating a safe digital space for citizens and businesses. In particular, together with the Bank of Russia, the Government is developing the architecture of a single anti-fraud platform. It is expected that it will ensure online interaction between government agencies, banks, telecom operators and digital platforms to combat telephone fraud. In addition, the platform will allow for the prompt identification and blocking of phishing sites, fraudsters’ phone numbers, as well as their accounts and cards, stolen accounts and suspicious transactions.
Currently, the development of a legislative initiative to combat cyber fraud is also being discussed together with the banking sector. It is aimed at eliminating the current problem of fraud, when criminals issue microloans to third-party accounts or anonymous electronic wallets.
It is assumed that the initiative will establish a ban on issuing microloans to third parties and will establish a requirement for the loan amount to be transferred exclusively to the borrower’s bank account. To open an account, the borrower will have to undergo an identification procedure – this can be done using biometrics or in person at the bank.
Earlier, as part of the work to combat cyber fraud, the Government approved a procedure for self-prohibition on the issuance of consumer loans and microloans. The corresponding resolution has been signed.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.