A cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...

Payment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...

A 41-year-old west Delhi man allegedly lost ₹82.5 lakh after a woman he met on a dating app introduced him to a fake online business promis...

The NPCI has finalised the long-awaited MDR framework for UPI transactions, paving the way for changes to the payments ecosystem. This and ...

The Reserve Bank of India has announced proposed regulations concerning money mule accounts, allowing banks to implement temporary debit ho...

GFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networ...

The FATF is alerting countries about criminal abuse in gaming and gambling sectors. Criminals use gambling platforms for money laundering a...

Enforcement Directorate detected Rs 60 crore financial irregularities in an Urdu newspaper. Searches were conducted for over 24 hours at pr...

Banks are enhancing suspicious transaction reporting for money mule accounts. They aim for better analysis and pattern identification by th...

Text message-based scams in India have surged 146 per cent, highlighting a sharp shift in the country's digital fraud landscape towards sca...

Lack of oversight by the bank managers due to the work from home situation and the change in the existing processes could be one of the rea...

The I-T department is pushing individuals to link PAN with Aadhaar and so far 17.4 crore individuals of the 37 crore with PAN have complied.

The report of the Financial Intelligence Unit (FIU) said the financial year 2015-16 saw a "record increase" in the detection of such instan...

The ability of ATMs to take customers directly to their preferred transaction screen is an example of personalization.

Taking leads from these STRs, the DGCEI has detected tax evasion of at least Rs 50 crore and recovered Rs 28 crore, the sources said.

Sixty thousand bank officials have been trained till now in skills to detect money laundering and terror financing in their transactions an...

The government has asked banks to install software to track all transactions so that any suspicious dealing can be reported to the Financia...