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PAYMENT FRAUD REDUCTION
Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
'Stablecoins can cut cost of cross-border transactions'In the backdrop of India's remarkable advancements in digital payments, a Visa executive brought attention to pressing issues regarding cre...
UPI payment without PIN: Is NPCI considering face recognition and biometrics for authorising transactions?NPCI is reportedly considering enabling UPI payments via face ID or biometrics, potentially eliminating the need for PINs. This move aims t...
New UPI rules from June 30: This big update by NPCI could save you from UPI-related frauds, check howNew UPI rules: Soon, UPI payments will only display the beneficiary's verified bank name before transactions, as mandated by NPCI. This aim...
Will your Social Security check arrive on time? Check April 2025 payment scheduleMillions of Americans rely on Social Security payments each month. In April 2025, the Social Security Administration (SSA) will distribute ...
How MSMEs can benefit from this solution for identity verification and fraud preventionCashfree Payments’ Secure ID is also tailored for startups and MSMEs, helping them manage their verification processes and mitigate fraud w...
RBI's proposed digital payments intelligence platform will mitigate frauds, say expertsThe Reserve Bank's proposal to establish a digital payments intelligence platform aims to combat fraud and enhance consumer trust. A commit...
Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 croreTotal expenses for Cashfree more than doubled to Rs 750 crore during the year, mainly on account of employee costs jumping to Rs 198 crore ...
Payments app Zelle begins refunds for imposter scams after Washington pressureThe 2,100 financial firms on Zelle, a peer-to-peer network owned by seven banks including JPMorgan Chase and Bank of America, began reversi...
Cashfree Payments acquires Zecpe in latest acquisitionThe latest acquisition is expected to help Cashfree enhance its offerings for direct-to-consumer (D2C) brands as it looks to help businesse...
Wirecard witness admits guilt but pins German fraud blame on ex-CEOWirecard's downfall two years ago shook the German business establishment, putting politicians who had backed it and regulators who took ye...
RBI releases payments systems roadmap for a ‘cash-lite’ IndiaRBI sees sixfold increase in card-based transactions in next 3 years, propelling economy to a ‘cash-lite’ one.
RBI to reward best innovator in payments system spaceThe other three categories include payments security, acceptance and electronic payment infrastructure and use of emerging technologies for...
Small fin banks can join payment system after getting licenceEntities that received in-principle approval for setting up payments banks and small finance banks can join any payment system only after g...
33% Indians feel offering cash to win business is justified: E&Y surveyOver a third of respondents in India feel that offering cash payments to win or retain business is justified, says a survey by E&Y.