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TOLL PAYMENT FRAUD
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...- India's war on cash deepens: Why toll booths now penalise currency usersIn a bold move, India is amplifying its war on cash transactions by enforcing stricter FASTag toll policies that impose fines on drivers us...
- ETtech Explainer: RBI’s digital payment authentication rules & their impactUntil now, India’s digital payment ecosystem largely relied on SMS-based one-time passwords (OTPs) as an additional factor of authenticatio...
- Road ministry plans to expand the use of FASTags to other sectors beyond toll collectionThe Ministry of Road Transport and Highways is exploring expanding FASTag's use beyond toll payments to include electric vehicle charging, ...
- What is the E-ZPass scam and why sre so many people getting texts about unpaid tolls? Here's how to spot and avoid this fraudUnpaid toll scam texts are on the rise, tricking thousands into sharing personal and financial details. Known as "smishing," this scam mimi...
- NC Quick Pass Outstanding Toll Payments Text Messages: Is it real or fake? Details hereScammers are sending fake texts about unpaid NC Quick Pass tolls to North Carolina residents. These messages contain links designed to stea...
- UPI hits 16 billion transactions in October setting new record aided by festive spendsJust the previous month, UPI had crossed the 15 billion transactions landmark. On average, 500 million transactions were settled daily last...
- RBI proposes new ways to authenticate e-paymentsThe regulator, in draft guidelines, said that all digital payment transactions, other than card present transactions, will have to ensure t...
- You won't lose money in banking frauds if you remember these two things: RBI shares tipsHow can you protect yourself from frauds? The Reserve Bank of India (RBI) has time and again come up with various guidelines and to-do list...
- Improved detection, reporting bring down bank fraud cases: MoS FinanceIn another reply, Karad said the number of loans sanctioned to borrowers under the Pradhan Mantri Mudra Yojana (PMMY) increased from 5.37 c...
- A new kind of banking-related fraud is becoming prevalent: Here’s how to keep your money safeICICI Bank issued an email to its customers to highlight a new kind of financial fraud that is becoming more widespread. Bank scammers alle...
- Numadic gets $2.5 million funding from 9Unicorns, Venture Catalysts, othersNumadic, which builds apps and APIs to simplify the automation of vehicle identification, location and transactions, will use the funding t...
- US court shuts down fraud scheme targeting elderly Americans via India-based call centersThe US Justice Department said on Tuesday the District Court entered the order of permanent injunction against Michael Brian Cotter, 59, of...
- CBI, US authorities crack down on fraud scheme targeting elderly people in AmericaIn response to a complaint filed in the US, a federal court has ordered Cotter and five companies to stop engaging in the technical-support...
- Currency in circulation jumps by Rs 19,699 crore, total kitty hits Rs 22 lakh croreThe week before Diwali usually sees a surge in currency in circulation as consumption rises and majority of payments for personal expenditu...
- Internet companies team up to tackle e-fraudSeven leading internet companies are banding together to save their consumers from the rising menace of cyber frauds being carried out by d...
- 'Ensure people hit by card,banking frauds get money back soon'The Finance Ministry has released guidelines for promotion of payments through cards and digital means to move towards "less cash society".
- RBI allows transactions upto Rs 2000 without second factor authenticationIn a move that will promote ‘tap and pay’ electronic payments, the RBI said that bank can allow customers to transact with contactless card...
- How to spot a fake auto insurance policyAlthough insurance frauds are generally committed by making inflated or false claims, but sometimes the policy purchased by you may also be...
- India has seen the lowest no. of credit card fraud cases: VisaLeading payment system provider Visa today said India has witnessed the lowest number of credit card fraud cases compared to other nations,...
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