New Delhi, Sep 25 : In a big step to curb cyber-crimes and financial frauds, the Department of Telecommunications (DoT) and the Financial Intelligence Unit-India (FIU-IND) on Thursday signed a Memorandum of Understanding (MoU) to strengthen data sharing and coordination. The agreement will allow both agencies to exchange information in real-time, helping to identify and act against fraudsters more quickly. The MoU was signed by Sanjeev Kumar Sharma, Deputy Director General (AI & Digital Intelligence Unit – DIU), DoT, and Amit Mohan Govil, Director, FIU-IND, in the presence of Telecom Secretary Neeraj Mittal and Revenue Secretary Arvind Shrivastava.
Speaking at the event, Mittal stressed the need for government departments to work beyond their boundaries. “Technology has helped each department achieve its goals, but real progress lies in developing synergies and learning from each other. A joint working group can be the next step to detect shell companies and conduct deeper investigations,” he said. Shrivastava added that this collaboration would improve the accuracy and speed of fraud detection. “It is an excellent partnership where both sides will strengthen each other’s systems. With the use of technology, I am confident this will deliver high efficiency,” he said. As part of the MoU, FIU will share mobile numbers linked to suspicious transactions, while DoT will provide details of mobile numbers that have been disconnected due to fraud. The information will be exchanged through secure, technology-driven platforms like DoT’s Digital Intelligence Platform (DIP) and FIU’s Finnex 2.0 portal.