IDRBT will also extend IBCART 3.0, the threat intelligence services to NPCI and its ecosystem partners.
FinTech BizNews Service
Mumbai, June 12, 2025: National Payments Corporation of India (NPCI) and The Institute for Development and Research in Banking Technology (IDRBT) have signed a Memorandum of Understanding (MoU) to collaborate on initiatives that aim to strengthen the cyber security and resiliency across India’s digital payment ecosystem.
As part of the agreement, the two organisations will jointly conduct targeted training programmes for tech and cyber professionals in the banking and digital payment services sector. These programmes will focus on key areas such as cyber security, resiliency and data privacy. The partnership will also lead to the development of an exclusive NPCI-certified payment security certification programme, aligned with emerging industry needs and regulatory expectations. In addition, IDRBT will also extend सचेत (IBCART 3.0), the threat intelligence services to NPCI and its ecosystem partners.
Mr. Dilip Asbe, MD and CEO, NPCI, said, “We are happy to partner with IDRBT to advance payment security and cyber resilience across the digital payment ecosystem in India. Strengthening cyber resilience is not just about technology, but also about people and preparedness. Our partnership with IDRBT will enable structured capacity building across the ecosystem through training, certifications and sharing threat intelligence. This collaboration reinforces NPCI’s commitment to proactive risk management and elevating security standards across digital payments.”
Dr. Deepak Kumar, Director, IDRBT, highlighted that IDRBT has been established for the adoption and absorption of technology in the banking and financial sector, as well as for nourishing the digital public infrastructure. In the context of the formal collaboration with NPCI, he said, “This will strengthen the broader payment ecosystem by promoting a culture of security awareness, capability-building, and proactive response. The subscription to सचेत (IBCART 3.0) will provide diverse, enriched, and contextualised threat intelligence feeds to organisations working with NPCI, further improving the robustness and resilience of the ecosystem.”
