This marks a 67% increase from the Rs 2,537 crore lost in scams in 2022-2023. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy......
The Delhi high court has rejected two public interest litigations seeking directions to cease the operations of Google Pay for alleged violation of regulatory and privacy norms in the country.......
Opposition leaders on Saturday attacked the government over the withdrawal of Rs 2000 currency notes from circulation with West Bengal Chief Minister Mamata Banerjee describing it as "Tughlaqi......
Home ministry sources say there are fears that international lobbies might have been involved in spying, to create a narrative around Indian governance as well as the economy. Neha Alawadhi &......
'The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support,......
'The only solution is for the government to allow us to charge a low controlled MDR of 25 bps on UPI P2M transactions only for merchants with more than a Rs 40 lakh turnover.' Kindly note the......
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than......
UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents. Illustration: Uttam Ghosh/Rediff.com With incidents of online frauds,......
Unified Payments Interface (UPI) transactions saw an 8 per cent month-on-month increase in volume to 16.73 billion in December, the highest volume for the digital system since it became operational......