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FINTECH CYBER FRAUD
Central cyber security agency warns banks, NBFCs of AI attacks; I4C reveals how hackers are executing multi-crore fraudsI4C has warned banks, NBFCs and fintech firms about AI-powered cyberattacks that enable hackers to execute fraudulent transactions at machi...- OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
- Largescale cyberattacks test the limits of insurance coverWhile businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequate...
- AI-powered cyberattacks siphon ₹300 crore from small NBFCs in two monthsRecent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted ...
- SBI launches CyRIS to strengthen cybersecurity capabilitiesSBI proudly introduces CyRIS, its new Cybersecurity Centre of Excellence, designed to elevate digital protection and competence. This centr...
- 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...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- The more AI banks deploy, the bigger the cyber battlefield getsIndian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financia...
- FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes offFinance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance digital rupee pilots. She highlighted tokenisation's role in...
- Sitharaman calls AI a ‘double-edged sword’, urges soft-touch regulation and faster digital rupee pushFinance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a ...
- GFF 2026: FM Sitharaman on India’s tech leap, demographic dividend, AI risks and road to global scaleGlobal Fintech Fest: Sitharaman said that India was experiencing its demographic dividend in real time, with the country’s young population...
- GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
- Banks need to invest more in digital, financial literacy to tackle cyber fraud: Bank of Baroda MDBank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to...
- Cash no king, but don't stash it: India wants a digital economy, but cash still holds the power of choiceDespite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-...
- Govt & Fintech cos join hands for indigenous system to check fraudThe Indian government collaborates with fintech companies to develop a new AML system targeting local financial frauds. This initiative inv...
- PM Modi seeks more action to curb cyber fraudPrime Minister Narendra Modi urged financial regulators to intensify efforts against cyber fraud and improve digital literacy to support fi...
- Removed Angel Tax, taking policy measures to promote fintech sector: PM ModiPrime Minister Narendra Modi on Friday said that the govt is making policy changes like the removal of Angel Tax to boost the fintech secto...
- Fintech can help check digital frauds, says RBI Deputy Governor SankarThe Reserve Bank Deputy Governor T Rabi Sankar said fintech holds promise to prevent frauds, which has become apparent as the pace of digit...
- Payment operators to share intel on fraudsters and blacklist scammers“The industry under Payments Council of India is coming together for data sharing and we are creating a negative database for both merchant...
- Fintech cos need to focus on providing resilient front-ends for financial service providers: GovtFinancial service providers must not hesitate to actually collaborate with fintech innovators for beefing up cyber security and fraud preve...
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