Indians face a choice between traditional bank lockers and the government's DigiLocker for important documents. While DigiLocker offers con...

India's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...

India's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital pay...

Gir Somnath police have uncovered a massive cyber fraud network. Five individuals have been arrested in connection with suspicious transact...

Sam Bankman-Fried's bid to overturn his fraud conviction and 25-year prison sentence has failed. The appeals court found prosecutors' evide...

The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...

The Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...

ESAF Small Finance Bank has achieved a significant milestone. Its total business has now surpassed Rs 50,000 crore. Deposits reached Rs 26,...

The Enforcement Directorate has filed a charge sheet against former Reliance executives Amitabh Jhunjhunwala and Amit Bapna. They were arre...

Naresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...

An Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...

Indian-origin businessman and founder of Cantor V Group, Mahender Makhijani, is facing a $100 million fraud investigation in California. Pr...

As artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...

Delhi Police apprehended Pabitra Kumar Biswal, a Deputy Manager at National Urban Cooperative Bank. He allegedly facilitated a mule account...

A PIL has been filed in the Supreme Court. It seeks a court-monitored investigation into alleged banking frauds. The case involves asset re...

CBI conducted searches at six locations in Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud. The probe...

A forensic review has confirmed a Rs 646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident. The fraud involved co...