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MobiKwik expects MDR on UPI to add Rs 100 crore to payment revenue in FY28On its second-quarter earnings call, the company’s management said the implementation of UPI MDR would improve payment unit economics and c...- Spandana Sphoorty reports Rs 7.8 crore cyber fraud in bank accountSpandana Sphoorty reported cyber fraud that led to unauthorized transactions of Rs 7.8 crore. The fraud was discovered on Sunday, prompting...
- EPFO WhatsApp Service: How to check PF balance, view transaction history and download passbook using WhatsApp; follow these stepsEPFO is stepping into the digital age with the launch of a new WhatsApp service aimed at simplifying access to Provident Fund account detai...
- Spandana Sphoorty Financial reports cyberattack involving its bank accountSpandana Sphoorty Financial encountered a cyber fraud incident with unauthorized transactions on November 1. The amount involved was approx...
- Fintechs fortify cyber defences; Logistics cos in the speed laneHappy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morni...
- Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
- Pharma company Gufic buys luxury duplex in Mumbai’s Juhu for over Rs 236 crGufic has made a significant real estate purchase with the acquisition of a luxury apartment in Mumbai. The duplex is located in the upscal...
- J&K Police busts terror financing module, arrests 10 associatesJammu and Kashmir Police arrested ten individuals in Shopian district for their involvement in a terror financing network. The accused were...
- Terror financing network unearthed in Jammu and Kashmir's Shopian, 10 associates arrestedAuthorities in Shopian district have taken action, arresting ten individuals suspected of involvement in a terror financing scheme. This op...
- Axis Bank to revise savings account charges from December 1, 2026: Free transaction limit to fall; EDGE Rewards Program to end; charges to riseAxis Bank will implement a new fee structure affecting its domestic and NRI savings accounts. The free cash transaction limit will reduce f...
- SC calls for compensation to digital fraud victims if banks fail due diligenceThe Supreme Court has highlighted banks' accountability regarding digital fraud, asserting that victims deserve compensation for losses due...
- Pine Labs Q2 net profit surges over six-fold to Rs 39 crore; revenue rises 24%Pine Labs has shown impressive growth with a net profit reaching Rs 38.57 crore in the September quarter. The company's revenue from operat...
- Pine Labs shares jump 7% as Q2 net profit soars 543% YoY to Rs 39 crorePine Labs shares rose sharply on Thursday after the fintech company reported a 543% year-on-year jump in Q2 FY27 net profit to Rs 38.6 cror...
- SBI credit card rule changes from December 1, 2026: 1% fee on high-value transportation and fuel transactions; what changes for youFrom December 1, 2026, SBI Card users will incur extra charges on specific transportation and fuel transactions. This fee structure will im...
- Agentic AI can cut banks' transaction monitoring workload by up to 50%, improve compliance quality: McKinseyBanks could reduce the human effort required for transaction monitoring investigations by 30-50% by deploying agentic artificial intelligen...
- UBS says it does not permit the use of external AI models for client transactionsConcerns that sophisticated AI agents could harm the financial system have risen within the banking industry. Major US banks have been bloc...
- Mumbai man posed as doctor for nearly 30 years, Rs 188 crore transactions across 30 bank accounts under scannerDharmendrakumar Singh posed as a doctor for almost three decades and misappropriated Rs 188 crore. He allegedly diverted funds from various...
- Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 croreIn a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account...
- UPI handles nearly 80 crore transactions daily, says Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the impressive growth of India's digital payments ecosystem. The Unified Payments Int...
- ICICI Bank to revise savings account select cash transaction charges from December 1, 2026: Which customers need to pay more nowICICI Bank plans to revise service charges for its savings account customers starting December 1, 2026. Customers will still enjoy three fr...
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