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Frauds in online banking and ATM transactions for amounts below Rs 1 lakh increased 54% in FY19 from the previous year to over 50,000...
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Frauds in online banking and ATM transactions for amounts below Rs 1 lakh increased 54% in FY19 from the previous year to over 50,000...
The Reserve Bank of India (RBI) has proposed setting up of a new pan-India umbrella entity (NUE) for retail payment systems, which will be responsible...
The Reserve Bank of India (RBI) will issue new cybersecurity guidelines for ATM service providers by December 31, it said in a statement on...
The Reserve Bank of India has directed banks to secure their customers’ debit and credit card data, after millions of credit and debit card...
Since its inception on January 31, 2019, the RBI’s Ombudsman for Digital Transactions has disposed about 44% of all the complaints it received. Of...
The Reserve Bank of India wants to ensure that customers are compensated in case it takes too long to address failed transactions on UPI, payments banks...
We missed this earlier. The Reserve Bank of India now allows White Label ATM operators (WLAO) to get cash “above a threshold of 1...
Almost 1,13,000 ATMs in India may be shut by March 2019 according to the Confederation of ATM Industry (CATMi), reports PTI. CATMi held RBI regulation...
We missed this earlier. Any new card acceptance infrastructure deployed (POS machines and ATMs) by banks will have to be enabled for processing payment transactions...
Private sector lender DCB Bank has launched an ATM which accepts Aadhaar number and fingerprints instead of card and PIN, reports Press Trust of...