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FinMin Pushes RBI for Faster Fraud Shield

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions. Illustration: Dominic Xavier/Rediff   The finance ministry has raised concerns with the......

K'taka traders call bandh on Friday over UPI-based GST notices

Amid rising concerns among traders in Karnataka over the issuance of nearly 6,000 GST demand notices based on UPI transaction data, a top tax official has termed the action as within the framework......

Online Scams: 4,245 Cr Gone in 10 Months

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......

Lessons For Start Ups From UPI Success Story

Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan. Illustration: Dominic......

HC rejects 2 PILs against operations of Google Pay

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.......

UPI payments hit by technical glitches, NPCI says systems working fine

People faced difficulties in making online payments through the popular Unified Payments Interface (UPI) platform on Thursday evening due to "technical" issues. IMAGE: Kindly note that this image......

BHIM's New Feature To Target Reluctant Users

'This will bring in a lot of net new users to UPI.' Photograph: Kind courtesy BHIM UPI   The Bharat Interface for Money (BHIM) app on Tuesday launched a full delegation feature for UPI Circle,......

Indian Digital Payment Intelligence Corporation To Combat Fraud

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud. Illustration: Dominic Xavier/Rediff   Similar......

Aadhaar-Based Face Authentication Soon For Big Online Transfers

While UIDAI has given a nod for face authentication, banks need to join the process. This illustration was generated using ChatGPT and is intended solely for representational purposes. Any......

UPI Goes Global, Fintech Hits A Wall

'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.' Kindly note that this illustration generated using ChatGPT has only......

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