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FRAUD PROTECTION WITH CREDIT CARDS
Why are more people wrapping their wallets in aluminum foil to help block wireless theftMany modern wallets contain wirelessly readable items like identification cards. These chips can transmit unique identification numbers ove...22 Jul, 2026, 07.16 PM IST- IndusInd Bank customer loses Rs 2.3 lakh in 18 minutes to a KYC scam: Court orders refund; says banks, not customers, are responsible for unauthorised transactionsIndusInd Bank ordered to refund after customer loses Rs 2.3 lakh to a KYC scam: A Delhi consumer commission has ordered IndusInd Bank to re...22 Jul, 2026, 11.56 AM IST
- Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...21 Jul, 2026, 07.50 PM IST
- Wrapping a hotel key card in aluminum foil: What it can shield and what it cannot preventWrapping hotel key cards in foil offers some protection against passive scans. However, this trick does not prevent advanced chip cloning t...21 Jul, 2026, 05.47 PM IST
- Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual feeSamsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Vis...21 Jul, 2026, 02.50 PM IST
- NY Fed survey finds highest credit application rate in nearly five yearsAmericans’ demand for new credit hit a near five-year high in June, according to New York Fed data. While applications for credit cards and...21 Jul, 2026, 11.35 AM IST
- Invest at 25, not 40? Entrepreneur Ankur Warikoo shares 5 money habits that may be keeping you poorMany professionals struggle to save money despite earning more income, claims entrepreneur Ankur Warikoo. Blind spending without a budget d...21 Jul, 2026, 11.02 AM IST
- Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...20 Jul, 2026, 11.42 PM IST
- India Inc is returning to banks for money, but retail borrowers aren’t keeping paceIndia’s largest private banks are witnessing a shift in credit demand, with corporate and SME lending driving loan growth while retail borr...20 Jul, 2026, 12.31 PM IST
- CBI raids 6 locations across 4 states in Rs 1,109-crore bank fraud case against infra firmThe operation conducted on Saturday covered residential premises of accused directors of Gupta Power Infrastructure Ltd in Bhubaneswar, com...19 Jul, 2026, 07.52 PM IST
- US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocksMajor Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backe...16 Jul, 2026, 02.55 PM IST
- China's record consumer defaults undermine Beijing's push to boost spendingChinese banks are reluctant to increase lending as bad loans rise. The government wants borrowing to boost consumption and economic growth....16 Jul, 2026, 11.00 AM IST
- ED sends letters rogatory abroad, seeks info on foreign operativesThe Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and ...13 Jul, 2026, 01.14 AM IST
- This simple aluminum foil trick can help protect your contactless credit cards from unauthorized RFID scansIrish researchers demonstrated contactless card vulnerability to relay attacks. Two smartphones and WiFi can relay payment signals from a d...10 Jul, 2026, 04.27 PM IST
- Giving more credit where credit's dueCredit card firms now prioritize existing clients over new ones. They offer enhanced credit and personalized benefits to loyal customers. U...10 Jul, 2026, 12.27 AM IST
- Credit cards are losing ground to small personal loans, TransUnion CIBIL data showsCredit cards are losing share in India's unsecured lending market as consumers increasingly opt for small-ticket personal loans and other c...08 Jul, 2026, 01.14 PM IST
- Psychology says people may be willing to pay more when they can use a credit card; a real-auction experiment found higher bids under card payment than cashResearch shows credit cards increase spending compared to cash payments. This occurs because credit cards reduce the perceived pain of payi...07 Jul, 2026, 05.25 PM IST
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