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ATM CARD FRAUD
SBI data breach: Is your bank account safe? What was leaked and should you worry?Country's largest bank, SBI, is investigating a suspected data leak involving 3,897 customer records identified on the dark web. Here is wh...
Rs 77,538 spent from a man's ATM card for shopping in Philippines while he had it with him in India, court orders bank to refund only Rs 41,852Manoj Shukla was in India when Rs 41,852 was debited from his bank account for a department store transaction abroad on December 9, 2016. A...
Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situationsFrom stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer ...
Should you have multiple bank accounts? Here’s how many you really needShould you keep all your money in one bank account or spread it out? While multiple accounts can aid in budgeting and offer deposit insuran...
What Is the Best Way to Pay for an International Trip and Does My Credit Card Include Airport Lounge Access?
Man found Rs 1.3 lakh missing from SBI bank account: Rs 80,000 ATM withdrawal, Rs 50,000 transfer made without his authorisation; consumer commission upholds Rs 1.3 lakh refundA man's SBI bank account was drained of Rs 1.3 lakh through four unauthorised ATM withdrawals and two transfers he says he never made. SBI ...
This ATM fraud can clean out the money in your bank account; how the scam happens, tips to stay safeATM fraudsters target victims by trapping cards, tricking them into revealing PINs, and stealing money. Recent arrests shed light on their ...
How to protect your credit card from fraudsThere are some precautions that one can take to minimise the risk of a fraud. Some of them are mentioned below.
RBI apprises on card-less cash withdrawal at ATMs: Here's all you need to knowWhile UPI will be utilised for customer authorization in such transactions, the National Financial Switch (NFS)/ATM networks would be used ...
Cardless cash withdrawal soon at all bank branches and ATMs via UPIThe Reserve Bank of India governor Shaktikanta Das on Friday proposed to make cardless cash withdrawal facility available across all banks ...
Victim of ATM card fraud? SBI to issue refunds to affected customersCases of using cloned ATMCards have been reported in Delhi. There appears to be a possible compromise at an ATM of another bank. Affected S...
Net banking & card frauds up 50%, Delhi is ATM con capitalThe numbers of ATM frauds in public sector banks were, however, more revealing. While State Bank of India, with over 58,000 ATMs across Ind...
ATM Skimming: Read this to save yourself from the new ATM fraud78 customers of leading public and private sector banks have allegedly lost over Rs 20 lakh.
Retired woman shares OTP, loses Rs 1 lakh"The man sought the details of my ATM card and the OTP. I believed the caller to be from the bank and disclosed the card number and other d...
Banks still don't buy cyber fraud coversAll three banks have taken the mandatory 'bankers indemnity' insurance cover, they have not insured themselves against data breaches and cy...
RBI Instructs Banks to shift to chip based models of cards to reduce theftThe Reserve Bank of India has instructed banks to shift from magnetic stripe based ATM and debit cards to EMV chip and Pin based model of c...
ATM fraud: How to withdraw cash, but keep bank balance intactThese tricks are old hat when compared to the latest ATM fraud that has taken Bengaluru by storm due to its ingeniously effortless techniqu...
- RBI's diktat capping debit card charges could spur usage
Come July 1, and you could see retailers across the country urging you to use your debit cards instead of credit cards.
- ATM frauds getting more sophisticated: Experts
Fraudsters use special devices like skimmers, duplicate ATMs, to withdraw stacks of money from ATMs. Day in pics | Guarding credit card | E...
- 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...