It's not your run-of-the-mill scam — if there is even such a thing anymore. It starts out with a fake text, just like many scams do these days, but surprisingly morphs further into crooks even showing ...
With an eye on curbing online frauds, the RBI is developing an AI-powered fraud detection platform to flag “risky” online transactions.
The industry has developed materials for banks looking to promote anti-scam awareness and more resources for banks.
Brazil’s free, instant payment platform — has reshaped the country’s financial landscape. More than 150 million Brazilians now use it daily, from big-city retailers to street vendors and homeless ...
The BCEAO (Central Bank of West African States) officially launched its regional instant payment platform, PI-SPI, in Dakar. While initially announced with the participation of 86 financial ...
IMPS vs NEFT vs RTGS: In the transforming digital era, money transferring has become easier and more convenient than ever. With various payment methods available, customers can now send and receive ...
Andrew Bailey, the Bank of England’s governor, said a system decoupling money from credit could let stablecoins flourish and lessen Britain’s reliance on banks.
Bank of England Governor Andrew Bailey suggested today that stablecoins, digital assets pegged to fiat currencies, could alter the financial system by disrupting traditional commercial lending models.
Is Ripple's edge at risk as SWIFT tries out the blockchain? Short answer: not yet, but the long game just got interesting.
Consumers are ditching cash for the convenience of digital payments, but fraudsters are right behind you. Just a few simple steps can help you stay safe.
Financial institutions and payment networks in India can add risk analysis to their two-factor authentication for digital payments, according to new direction from the Reserve Bank of India. The ...