Search Results for: e banking

My article on the Bank of Maharashtra(BOM)  UPI fraud where in I had expressed an opinion that NPCI and RBI also have  some responsibility elicited some off the record remarks  from NPCI and one of the senior technical members of … Continue reading →

The recent Cyber fraud in Mumbai where an elderly (72 year old)  woman was duped to the extent of Rs 42 lakhs in a Nigerian Scam (Refer here) open up a discussion on how it that  seemingly intelligent people fall … Continue reading →

The recent Bank of Maharashtra UPI Fraud in which Rs 25 crores were siphoned off from the Bank through UPI payment requests which were honoured by the system though there were no funds in the accounts, as well as the report … Continue reading →

The Government of India has moved an amendment to the Finance Bill 2017 in which it is proposed that the Cyber Appellate Tribunal (CyAT) constituted under Section 48 of Information Technology Act 2000/8 would be merged with Telecom Disputes Settlement … Continue reading →

Bitcoins are internationally exchangeable into foreign currency of different countries and to some extent even in India. Hence at a time when the Government may be trying to force foreign Governments to share information on Benami Bank accounts in foreign … Continue reading →

Ever since the demonetization, the pace of technology adoption  in India by common people particularly for financial transactions, is on the increase. The UPI system supported by the multi banking platform such as the BHIM has brought digital payments within … Continue reading →