Searched for
BANK PAYMENTS FRAUD
Bank customer spots huge unknown deposit in account, receives a call pressuring him to return it immediately, ends up approving even higher amount; warns SBIState Bank of India (SBI) has warned customers about the ‘Jumped Deposit Scam’, in which fraudsters use unexpected bank credits and urgent ...- Sunil Bharti Mittal is prowling for big kill on his African safariAirtel Money’s London listing has put a roughly $7 billion valuation on Sunil Bharti Mittal’s African fintech bet, highlighting how far the...
- India must ensure AI benefits reach every citizen, prevent digital divide from widening: ScindiaUnion Minister Jyotiraditya Scindia stressed the critical need for responsible AI growth to ensure equitable access for everyone. He highli...
- Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situationsFrom stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer ...
- GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...
- PM Modi urges global telecom industry to build system to stop cyber fraud before it reaches usersPrime Minister Narendra Modi emphasized the need for a global effort against cross-border cybercrime during the India Mobile Congress. He a...
- GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...
- Next-gen GST reforms: Single registration, easier input tax credit among key MSME demandsThe 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing the compli...
- UPI MDR spurs soundbox expansion beyond metrosThe industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...
- GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'The GST Council is likely to consider major enforcement reforms on October 7 that could remove GST officers’ power to directly arrest alleg...
- Hackers can target your wealth adviser’s WhatsApp: How to protect your moneyRecent incidents highlight the increasing threat of compromised WhatsApp accounts among financial advisers in India. These attacks exploit ...
- GST Council may clear sweeping compliance reforms; e-commerce sellers, genuine buyers to get reliefThe GST Council will assess various procedural reforms aimed at simplifying tax compliance for businesses. Proposed measures include enabli...
- Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your moneyStarting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...
- Apple Pay comes to India with Axis Bank Visa, Mastercard credit cardsApple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank credit cards. Users can add their V...
- ‘Money came by mistake’: Man returns Rs 8,400, later finds his Rs 25,000 blocked by bank over ‘suspicious activity’A viral X post has raised concerns over returning money received from unknown bank accounts after a man claimed that Rs 8,400 sent to him b...
- IIT Madras study finds highly educated professionals among financial cybercrime victimsA study by IIT Madras indicates that educated professionals are frequent victims of financial cybercrime. The research highlights that high...
- 200 AI agents, humans on standby: Inside Ignosis AI’s debt-collection operationThe Ahmedabad-based startup says its agents manage collections for four to five lakh borrowers a month and handle 70-80% of cases without h...
- Banks’ biggest risks may now sit inside their tech stack: RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain said technology is no longer merely an enabler for banks but is becoming their “risk architecture”, making t...
- BHIM MyUPI payments launched: 9 services users can access at one place, from checking transactions to managing UPI AutopayIn a significant move towards enhancing digital payments, NPCI BHIM Services Limited has introduced MyUPI, a conversational AI assistant se...
- MDR gives banks more fuel for UPI playPayment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...
Load More
