Illegal betting app: ED freezes Rs 110 cr worth bank funds; seizes 1,200 credit cardsEnforcement Directorate froze Rs 110 crore in mule accounts. They also seized 1,200 mule credit cards. This action follows searches against...
14 Aug, 2025, 01.51 PM IST
Disputed UPI transactions: Expect a faster resolution from February 15, as NPCI revises this ruleUPI transactions: Ever had to put a chargeback request for disputed Unified Payment Interface (UPI) transactions? You would be happy to not...
15 Feb, 2025, 10.51 AM IST
Cyber fraud: Supreme Court orders SBI to refund full money lost in an online scam to its customerState Bank of India (SBI): A person from Assam fell victim to a cyber fraud when he tried to return a Louis Philippe blazer. However, inste...
10 Jan, 2025, 05.53 PM IST
AI is the future: Wegofin founder Prabhu Kumar shares his vision on growth and innovation in business bankingWegofin, led by Prabhu Kumar, leverages AI to simplify financial management for SMEs and large enterprises. The platform integrates all ban...
31 Aug, 2024, 08.06 PM IST
12 most important credit card terms you should knowCredit cards: Words like billing cycle, annual fee, credit score, grace period, and EMI are important for managing your credit card wisely....
16 Apr, 2024, 12.25 PM IST
Cashfree launches risk management and fraud prevention tool RiskShieldOnline merchant-focused Cashfree said this product will enable users to block transactions from specific mobile numbers, email addresses, I...
22 Mar, 2024, 12.22 PM IST
UPI Lite: A simple, but not secure, solutionBalance recovery Since UPI Lite has an on-device balance, the user will lose her wallet balance if she changes the mobile platform (Android...
15 Dec, 2023, 10.59 PM IST
Failed WhatsApp UPI transaction? Here’s how to get your money backThere are chances that your UPI payment may get stuck or payment won’t be received by the recipient even after debiting from your account.
17 Oct, 2023, 02.04 PM IST
SBI, HDFC Bank, Bank of Baroda, other banks allow you to scan UPI QR code and pay via RBI CBDC; how it worksSeveral banks have recently enabled a new functionality for their customers who are transacting using e-Rupee or Digital Rupee, which is In...
09 Sep, 2023, 12.50 PM IST
RuPay Credit Card on UPI is now available for Axis Bank customers: Step-by-step guide to linkAfter Punjab National Bank, Union Bank of India, Indian Bank, HDFC Bank, and Canara Bank, Axis Bank is the sixth bank to introduce Rupay cr...
10 May, 2023, 12.22 PM IST
Linking cards with UPI poses challenges; govt to meet VPN firms today & e-commerce sales are backOn Wednesday, when the Reserve Bank of India announced that users of the Unified Payments Interface would soon be able to link their credit...
10 Jun, 2022, 07.52 AM IST
RBI’s UPI-credit card linking plan is not adding up for banks, fintechAt present, about 50 million people avail instant loans across banks, non-banking finance companies (NBFCs) and digital lending fintechs th...
10 Jun, 2022, 06.00 AM IST
Key concerns about online payments and ways to overcome themWith rising frauds, a lack of robust infrastructure to detect or prevent such instances, and the absence of a redressal mechanism, concerns...
28 May, 2022, 10.05 AM IST
RBI extends tokenisation deadline to June 30 next yearMerchants will now be allowed to store data until June next year. The earlier tokenisation deadline was January 1. "In light of various rep...
24 Dec, 2021, 06.25 AM IST
Increase in phishing scams, malware campaigns, fraudulent websites associated with Covid-19 : ReportThe increase in digital payments have given rise to digital frauds such as fraudulent claims, identity theft, triangulation fraud, etc.
26 Aug, 2020, 05.38 PM IST
RBI to set up compensation system for customer complaints across all payment systemsDespite the guidelines being in place, it is being observed by the central bank that the time taken to resolve the customer complaints vari...
04 Apr, 2019, 12.49 PM IST
WhatsApp to offer 24-hour customer support for payments services in India"We will provide 24-hour customer support. Payments users can contact the support team via e-mail and a toll-free number (when the service ...
24 Jun, 2018, 02.17 PM IST