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ATM WITHDRAWAL SURVEILLANCE
Bengaluru techie quit his Rs 30 lakh job to chase a dangerous dream, only to end up being arrestedDelhi Police have arrested a 31-year-old Bengaluru-based software engineer, Ravi Rathore, for allegedly running a fake online trading racke...- Jugging is on the rise: The new form of robbery targeting Americans and how to stay safeA disturbing trend called "jugging" is spreading across America, where thieves target individuals after they withdraw money from banks or A...
- Cash on wheels: Railways conducts successful trials for India’s first on-board ATM on this routeIndian Railways successfully tested the country's first ATM on a train. The trial took place on the Panchavati Express between Manmad and M...
- Think your ATM withdrawals are private? Taking out $200 could now put you on the Federal Financial Surveillance radar in these American countiesThe US Treasury's FinCEN has introduced a new regulation mandating reporting of cash transactions of $200 or more in seven US border counti...
- Sebi bans 6 individuals in front running case of India Infoline GroupIt was also observed that these individualswere front running the trades of IIFL Asset Management and several alternative investment fund s...
- We’ve to guard against Covid apps increasing state power: Nandan NilekaniNandan Nilekani has cautioned that contact tracing apps run the risk of increasing state power.
- Some containment zones may be shut till mid-May, early JuneEven a single new case can prove to be a setback, with the countdown to 28 days starting all over again.
- The CEO of UIDAI dispels myths around Aadhaar and allays apprehensionsPeople have apprehensions that Aadhaar violates privacy and could one day become a tool for surveillance. Aadhaar, by design, protects priv...
- Smart vision: This startup AI-powers CCTV surveillance cameras to understand what it seesUncanny Vision enables connected surveillance cameras to "see" and "understand" their environment instantly using AI and deep learning algo...
- What I read this week: Do financial experts do what they tell you to doWith the power to move money comes respon-sibility. But not many really care about it.
- For bankers, ATM hacks are less about losing a few lakhs & more about erosion of reputation. Read whyBanks are focused on securing pricier installations such as the ‘ATM or core banking switch,’ which link core accounts and clusters of ATMs.
- Despite note ban, dirty cash flows for assembly electionsThough UP is yet to see four more phases of polling, cash seizures in the state stood at Rs 109.79 crore on February 18, three times the am...
- Government plans two-day blitz to highlight demonetisation gainsBJP sources said the PM's announcements could focus on measures to continue the crackdown on black money to ensure the "gains" of demonetis...
- Modi's cashless economy still a fantasy for Indians snubbed by banksThe chaos meant that citizens who wanted to sign up for bank accounts were turned away by harried tellers or told come back after December.
- Police are increasingly relying on CCTV footage to solve crimesIn case after high-profile case, cameras have been the big stars of Delhi police investigations in recent months.
- India to see hi-tech ATM machines in the next 2-3 yearsIndia will be see world class ATMs in the next two to three years as banks would install new hi-tech machines. Further, since the life span...
- Banks opting for alert-based surveillance at ATMs, which detects attempts to tamper with cashWith crimes at ATMs on the rise, banks are beginning to replace the previous decade's approach of 'physical guarding or monitoring' with 'a...
- I'm no Bond. I'm a banker on the move: Raghuram Rajan"My hope is that sometime in the first half of next year we should have these banks licensed. That will bring a whole new set of interestin...
- Readying system for ATM monitoring, says Ramesh Iyer, Topsgrup CEOThe cost of the guard is increasing on an average by 5-6% every year. Besides every few years big corrections of 12-15% happen, says Ramesh...
- For fraudsters, ATM is indeed all time money!Not just net banking and credit cards, even ATMs are emerging as soft targets with fraudsters constantly evolving their techniques. Weekend...
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