Amidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...

PayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...

In a recent conference, Reserve Bank Deputy Governor Swaminathan J raised a red flag regarding the integration of AI in finance. He emphasi...

Reserve Bank Deputy Governor Swaminathan J cautioned about AI in finance, saying that without proper safeguards, AI adoption can worsen exi...

Different years. Different companies. Different accounting tricks. One common story – an effort to show financial numbers which hide the tr...

Banks and telecom companies are developing a silent authentication mechanism to combat SIM cloning and eSIM swaps. This background check ve...

In 2025, global financial fraud skyrocketed to a staggering USD 442 billion, with Interpol’s latest findings highlighting a disturbing tren...

Private banks in Mumbai are utilizing AI and advanced technology to enhance security and prevent fraud. They are introducing methods like m...

The Finance Ministry and RBI are urging banks to adopt AI tools, including the RBI-developed MuleHunterAI, to combat rising financial fraud...

The funds will be used to strengthen RaptorX’s AI and machine learning capabilities. The firm will also bring in talents to expand its team...

A recent study by Deloitte said that India’s cyber insurance market worth $50–60 million in 2023 is expected to grow at an annual rate of 2...

Fraudsters use deceptive methods to secure loans and credit lines, leaving small businesses with financial losses and legal issues. Small b...

The Reserve Bank in its latest annual report revealed that bank frauds, both in terms of numbers and volume, have gone up substantially dur...

A rising incidence of financial fraud over the past few years has emerged as one of the sore points for foreign investors in India, a study...

Subex Ltd, a leading global provider of business support systems, announced that it has launched its "integrated bypass fraud solution".

Bankers said despite advancement in IT, most frauds are still being detected by way of internal audits, regulatory inspections and surprise...

Corporate duping through a complex use of exotic financial market instruments like the USD 50-bn scam masterminded by US stock dealer Berna...