Top fraud mechanisms (OTP bypass, forged PoA, impersonation).
RBI’s 2023 fraud alerts and mandated security upgrades.
Biometric authentication (Aadhaar-based, behavioral, vein recognition) as a solution.
Case studies of banks reducing fraud via biometrics (e.g., HDFC’s Voice Biometrics).
Key Insight: Biometrics can cut NRI frauds by 70%+, but require RBI-approved frameworks and NRI education.
Interview bank security officers on fraud cases (questionnaire template provided).
Compare 3 banks’ NRI authentication methods.
Model ROI of voice biometrics vs. fraud losses (Excel).
Draft a biometric framework for RBI consideration.
Use flowcharts (fraud process), before-after biometric adoption graphs.
