NPCI chief Dilip Asbe cites AI cyber threats, including Claude Mythos, to defend UPI MDR

“AI is fairly expensive to use, and we’ll have to continue to invest, use AI to make our systems fully protected… (so that) the trust in the payment system is fully maintained. So again, a lot of investments will be required on that,” said Dilip Asbe, Managing Director and Chief Executive Officer (MD and CEO) of the National Payments Corporation of India (NPCI). Asbe defended the merchant discount rate (MDR) on Unified Payments Interface (UPI) payments at the 13th State Bank of India (SBI) Banki