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UPI SECURITY BREACH
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.
Cyber fraudsters using new tech to bypass UPI security for financial transactions: ReportNew technology is bypassing UPI app security. Fraudsters are using a toolkit called "Digital Lutera" to steal money. This attack manipulate...
UPI ID linked to inactive mobile number? Starting April 1, it will be hard to misuse your UPI ID with recycled numberStarting next month, users will soon be able to delink their old or inactive mobile numbers from UPI IDs easily. From April 2025 onwards, b...
NPCI debunks new 'Jumped Deposit Scam' reports; clarifies 3 points to noteNPCI Jumped Deposit Scam: The National Payments Corporation of India clarified that reports of the 'Jumped Deposit' Scam do not reflect bre...
Rentomojo informs customers about cyber attack, says their financial data is safeFurniture and appliance rental startup Rentomojo has told its customers that hackers gained access to one of its databases, compromising so...
India is fast becoming the global ransomware capital, says NPCI CEODominance of a few players may not be in the best interest and there is a need to raise competition, says Dilip Asbe.
Bombay HC issues notice to govt over PIL on alleged breach of privacy by TruecallerThe division bench of Chief Justice Dipankar Datta and Justice GS Kulkarni, while issuing notice to all the respondents, adjourned the case...
Have no responsibility to audit members of UPI ecosystem: RBI tells Supreme CourtThe Reserve Bank of India (RBI), in its affidavit filed in the top court, also said that the matters related to data privacy and data shari...
How WhatsApp got UPI licence: SC seeks reply from NPCIThe Supreme Court on Monday asked National Payment Corporation of India (NPCI) to file an affidavit explaining how WhatsApp was granted lic...
UPI needs budgetary support of Rs 2,500 crore to expand: IIT Bombay reportThe government can nudge e-commerce merchants and encourage them to offer a discount for payments made through BHIM UPI, argues Ashish Das,...
Supreme Court to hear on November 23 plea for regulation to ensure UPI platform data not exploitedOn October 15, the apex court had sought responses from the Centre, Reserve Bank of India (RBI), National Payments Corporation of India (NP...
Supreme Court issues notice to government, RBI, Google, Amazon, FB over UPI data securityThe petition has sought court intervention to ensure that these companies did not misuse the personal data of users for anything other than...
Almost 1 million people 'testing' WhatsApp payments service in IndiaAlmost one million people in India are "testing" WhatsApp's payments service, and the company is working with the Indian government, NPCI a...
Paying on mobile phone is not as safe as you may thinkBreaches like Equifax that happened in US have proven that payment data are not just with processors but also with third parties like credi...
Mobile wallet transactions to touch Rs 32 trillion by 2022A report by Deloitte said security breaches and frauds leading to financial losses are big factors in adoption of digital payment technolog...
How Team Lucideus spent sleepless nights to make BHIM invincibleBHIM is initially available only on Android devices. By Monday evening, BHIM made it to the 'top free apps' chart of Google Play Store in I...
NPCI's new mobile payment platform to link banking appsAccording to security experts, UPI will change the dimensions of security.