India's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...

Gir Somnath police have uncovered a massive cyber fraud network. Five individuals have been arrested in connection with suspicious transact...

They pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...

Financial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Expe...

Amidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...

Senior citizens in Gurugram and Faridabad now have enhanced security for their bank accounts. HDFC Bank has introduced a double OTP system....

Jammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...

India will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the I...

Delhi Police have arrested a 31-year-old Bengaluru-based software engineer, Ravi Rathore, for allegedly running a fake online trading racke...

Delhi Police apprehended three individuals, including a bank assistant manager, for a Rs 45 lakh investment scam. The trio allegedly used a...

Hyderabad Police's crackdown on cyber fraud, revealing systemic banking gaps and Rs 400 crore annual losses, has prompted a high-level meet...

Australia's financial intelligence unit, AUSTRAC, has uncovered significant control and reporting issues within foreign-owned banks. Review...

Central Bureau of Investigation (CBI) arrested two bank officials for accepting bribes. They helped cyber criminals open mule accounts for ...

RBI acts big on cyber fraud: The RBI has advised all regulated entities like banks, etc to use TRAI's Mobile Number Revocation List (MNRL) ...

Reserve Bank of India: The RBI innovation hub in Bengaluru has developed a new artificial intelligence based system to reduce digital fraud...

Bank account block: There are at least 5 Indian banks who are tracking money mule transactions conducted through their account holders. In ...

As per NASDAQ’s Global Financial Crime Report 2024, among anti-financial crime professionals surveyed, 47% listed money mule activity as a ...