#bbps — Public Fediverse posts

#CashlessConsumer #RTI We asked #RBI about #eRUPI and #BBPS payment system authorisation.

#CashlessConsumer in the past have expressed strongly on issues of data governance, especially with #BBPS (https://medium.com/cashlessconsumer/following-up-on-consent-less-auto-fetch-privacy-violations-in-bbps-500ecc27fa30) and #FASTag (https://docs.google.com/document/d/e/2PACX-1vSQPlduk5v809FNylFZmWiAtI5gowYi4qZZV_OEeHhHJTQFnlLwgn6SMS8CuefTg7YGHUi919z3L-6D/pub) 3/

#CashlessConsumer condemns #UGC for 'adivising' / 'encouraging' universities to onboard #BBPS, a monopoly bill payments system that violates #Privacy

The reading list for #BBPS study is available at https://docs.google.com/document/d/e/2PACX-1vTgzb6aO3wsUBsK5MduYjVYSb1IDfDP0_pJjRUf10sjGPet2gXezKDfO20CULY1ASD2D0gtoYZC92IU/pub

Slides used are at https://docs.google.com/presentation/d/e/2PACX-1vRA7uZ14tJ8dj3GxXWdLm-6xkGoFxVSSnJjRv8hWzSbNfvh--3LHXoYs9M9c_P6d3fhQSn1Me5zATKe/pub?start=false&loop=false&delayms=3000

Sandbox code ref at https://gitlab.com/CashlessConsumer/federal-bank-bbps-apis

Reading list, presentation, code, video of last week's #CashlessConsumer #StudyCircle on #BBPS https://medium.com/cashlessconsumer/study-circle-bharat-bill-payment-system-85bd01a061b8

We covered History, Regulations, Policy, Business, Technology, Privacy, Data Governance of #BBPS in detail. Watch https://www.youtube.com/watch?v=JCWhp2xTFsA

Reading list, presentation, code, video of last week's #CashlessConsumer #StudyCircle on #BBPS https://medium.com/cashlessconsumer/study-circle-bharat-bill-payment-system-85bd01a061b8

We covered History, Regulations, Policy, Business, Technology, Privacy, Data Governance of #BBPS in detail. Watch https://www.youtube.com/watch?v=JCWhp2xTFsA

Provides a brief overview of #BBPS - https://blog.50p.in/97da8dbf1a91

Given this brazen privacy harm (damage of data hoarding / profile building that has already happened) as well as #NUELicensing , it might be right time to redesign #BBPS regulatory / system architecture.

Every bill payment made via 3rd party app/gateway has to be by regulation mandatorily through BBPS & RBI licensed NPCI as a regulated monopoly for BBPS. #BBPS aggregates household data & it is that is getting accessed by fintech's

https://blog.50p.in/bbps-making-households-data-rich-97da8dbf1a91

In Oct 2018, #CashlessConsumer complained to RBI/NPCI and top fintechs/banks about the privacy abuse in #BBPS for building credit profile database without the consent of individual https://medium.com/cashlessconsumer/2386c9f5296d

#CashlessConsumer Following up on consent-less auto fetch privacy violations in #BBPS

#NPCI's own data shows the practice of building credit profiles continue rampantly completely disregarding user consent & NPCI notice.

https://medium.com/cashlessconsumer/500ecc27fa30