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2 mins read
Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams
What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…
3 mins read
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
2 mins read
RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
2 mins read
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
2 mins read
Banks and the federal government point fingers as Americans lose billions to online scams
Banks and the federal government are debating the best way to address rampant online scams, which h…
Kenneth Niemeyer
1 min read
Paytm shares jump 6.50 pc on getting NPCI nod to onboard new UPI users
Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adh…
PTI
11 mins read
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
5 mins read
Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
Valuing OpenAI will be a stressful, drawn-out process with little to no financial gain for Wall Str…
Reed Alexander
2 mins read
RBI to soon launch app to enable retail investors to participate in govt bonds
The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…
PTI
2 mins read
Thinking of getting a personal loan? Adani group might have something for you
The Adani One app, developed by Adani Digital Labs Ltd, debuted in December 2022 focusing on airpor…
2 mins read
HDFC Bank credit card rules change from today, all you need to know
HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…
3 mins read
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
1 min read
Reserve Bank asks NPCI to help continue operations of Paytm app
Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …
PTI
4 mins read
Cash App Banking Review 2023
We review Cash App's Cash App Card, a debit card linked to a checking account, with no minimum depo…
Taylor Milam-Samuel
2 mins read
'We're only in '1996': Why the AI boom is still in its earliest days, according to Bank of America
Relative to the trajectory of the internet, which ushered in a new era of tech innovation, AI in th…
Kelly Cloonan
1 min read
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
PTI
2 mins read
Banks scramble to repair the damage caused by Crowdstrike IT outage
British banks Santander and Metro Bank said they were impacted by Friday's outage, which affected t…
Jyoti Mann
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
2 mins read
Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages
The corporate affairs ministry is probing various Chinese companies, especially those with links to…
PTI
2 mins read
Pune man loses ₹2 crore to fake investment scam – what it is and how to protect yourself
In yet another online scam, a Pune man reportedly lost a huge amount in a new fake investment scam.…