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DIGITAL PAYMENT SCAMS INDIA
Indian Consulate in Boston warns of scam calls impersonating embassy, law enforcement officialsThe Indian Consulate in Boston has alerted residents about a series of fraudulent calls aimed at the Indian community. Scammers pretend to ...- Payoneer bets big on India with Gurugram innovation hub, eyes country among top three global marketsPayoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi NCR center to 300 employees. This f...
- Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
- Govt eyes uniform digital platform username rulesThe platforms, which currently rely on mobile phone numbers for user identification, had submitted their formal responses to the government...
- Singham vs scammers? Bandhan Bank brings Rohit Shetty for Cyber Cop missionBandhan Bank has launched Cyber Cop, a nationwide cyber fraud awareness campaign under its CSR programme with filmmaker Rohit Shetty, as cy...
- Psychology explains why scammers are so convincing and it may have more to do with language than technologyScammers use carefully engineered language to persuade and influence potential victims. They build trust with polite greetings and expressi...
- India set to play larger role in building global fintech infrastructure, says PayoneerIndia's position as the world's third-largest fintech ecosystem is now translating into a larger platform-building role. Global financial t...
- "We are moving ahead with connecting India's UPI and New Zealand's payment system": PM Modi"Friends, to make our Strategic Partnership meaningful, we are turning the strengths of both countries into practical cooperation. In the f...
- The waiting game: Why the UK’s stablecoin moment is nowGlobal stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denominations. The United Kingdom faces a stra...
- RBI is right to act on digital payment fraud. But some safeguards need sharper designCyber fraud complaints and losses are increasing significantly in India's digital payment system. The Reserve Bank of India has proposed ne...
- Evolving nature of digital payment system in IndiaIndia's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to address emerging challenges and ne...
- 'A video on Facebook, a chat on Telegram': Deepfake Nirmala Sitharaman scam costs Bengaluru professor Rs 61 lakhA Bengaluru professor lost over sixty-one lakh rupees in a sophisticated cyber fraud. She was lured by a deepfake video featuring Finance M...
- PayU will grow 25% across payments, credit over the next 18 months, says CEOOne of the early movers in the payments processing business, targeting small business and merchants, PayU has grown into a larger fintech f...
- Biometric UPI transactions top 600 million in June, says NPCIBiometric UPI transactions surpassed 600 million in June, indicating strong user preference. This secure authentication method reduces reli...
- Finance Ministry to fully switch to ebills from August 1, reduce payment processing to 3 daysGovernment vendors will receive payments within three working days starting August. All ministries will fully switch to electronic bill pro...
- NPCI's Dilip Asbe joins Swift's global supervisory boardDilip Asbe, CEO of NPCI, has joined Swift's global supervisory board, a significant step for India's payment ambitions. This appointment, p...
- Indonesia looking to gain from India's developmental success storiesIndonesia is increasingly viewing India as a key partner for technology, policy, and development solutions. Prime Minister Modi's upcoming ...
- Visa launches Payment Passkey in India with IDFC FIRST Bank, online merchantsVisa's 'Payment Passkey' solution, launched in India, aims to enhance digital payment security beyond passwords and OTPs. Leveraging device...
- RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
- UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
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