As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...

Women are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...

Authorities are launching a major crackdown on digital arrest scams. WhatsApp has banned thousands of accounts involved in these frauds. Ne...

Indians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...

KYC for mutual funds: It is a regulatory requirement that re-KYC be completed by many investors by April 1, 2024. Although the process of c...

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

Fraudsters are continuously finding new ways to bypass these checks and steal personal information or engage in criminal activities.

The Indian government has made it mandatory for SIM card dealers to be verified and has discontinued bulk connections to combat online fina...

The telecom operators will do mandatory registration of franchisee, point of sale (PoS) agents and distributors. This will help in eliminat...

Zerodha, India's largest brokerage firm, has implemented in-person verification as a measure to prevent online financial fraud. Also known ...

The Insurance Regulatory and Development Authority of India (Irdai) has announced the formation of a task force to enable the use of Aadhaa...

Customers who fail to update their Know Your Customer (KYC) information for life insurance plans are not fined, according to the Life Insur...

The Department of Telecommunications (DoT) has put in these provisions in the recently released draft Telecommunications Bill to protect us...

As recently as this week, a Whatsapp message was being sent to customers to upload eKYC and to provide the contact number, else the number ...

Sounding out a warning against such unauthorised calls and messages, VIL said its "customers are advised to not give their KYC details or s...

In order to spread awareness among customers about KYC frauds that have been doing the rounds, the country's largest bank, State Bank of In...

Earlier in his address, the CVC said technology or automation can only be an enabler to enhance effectiveness and cannot prevent frauds on ...