Frauds News

The introduction of digital banking including online and mobile banking has undoubtedly made things smooth and swift apart from managing your finances efficiently. With the arrival of digital banking, scores of users can now easily pay their bills, transfer money from ...

In honour of National Cyber Security Awareness designated in the ongoing month of October, Kotak Mahindra Bank (KMBL) and Mumbai Police Cyber Crime have teamed together to increase awareness about safe banking practices to safeguard the populace from being a sufferer ...

As incidence of frauds are on the rise using UPI or Unified Payment Interface, the central bank has cautioned bankers and payment system operators about the latest mobile app named Anydesk i.e. being resorted to by scammers for targeting customers' mobile ...

According to a Assocham report, around 65% of the total fraud cases reported by banks are technology-related frauds which are committed through an internet banking channel, ATMs and other payment channels like credit/debit/prepaid cards, whereas advance-related frauds accounted for a major ...

According to some estimates, 80 per cent of the frauds are committed by friends, acuqaintances, including family members. You need to be careful when you divulge information. Here are 8 ways you can prevent yourself from financial frauds. {photo-feature}...