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Number Of Credit Cards More Than Doubled In 5 Years: RBI
The number of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53 crore cards in circulation, according to a new RBI report.
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Microsoft’s AI-Powered Recall Feature Still Saves Snapshots of Sensitive Information: Report
Microsoft finally rolled out its artificial intelligence (AI)-powered Recall feature with the Windows 11 Insider Preview update last month. But contrary to Microsoft’s claims that the updated version does not store sensitive information such as credit cards or passwords, a new report suggests this security measure seldom works. Multiple instances...
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Money Transfer Guidelines, LPG Prices: 7 Changes Coming Into Effect From November 1
Starting November 1, a number of changes will come into effect that will affect the day-to-day lives of people across the country. These changes encompass diverse domains, especially financial regulations.
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US Woman Accidentally Tips Rs 6 lakh At Subway, Fights Bank For Refund
Ms Conner, who paid using a Bank of America credit card, accidentally put the last six digits of her phone number, instead of the tip amount.
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MS Dhoni, Abhishek Bachchan's PAN Details Used For Fraud, 5 Arrested: Cops
In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names.
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BTC ATM Installations Dramatically Sunk to Record Low in Last Six Months: CoinATMRadar
Only 94 BTC ATM machines were installed in different parts of the world between July 2022 and January 2023. The US, Australia, Canada, and Spain registered an elevated interest in Bitcoin machines. El Salvador, which legitimised Bitcoin as a legal tender in 2021, has notably lost its top spot in the BTC ATM rankings.
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Visa Terminates Global Debit Card Agreements With Collapsed Crypto Exchange FTX
Visa on Sunday said that it was severing its global credit card agreements with crypto exchange FTX after it collapsed last week. The crypto platform's US debit card program is being wound down by their issuer, according to Visa. FTX and Visa had announced plans to introduce account-linked Visa debit cards in 40 new countries in October.
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RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
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RBI's New Rule For Credit, Debit Cards Begins Tomorrow. Details
Debit and credit card details like 16-digit card number, name, expiry date and CVV, are required during an online transaction.
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Active Credit Cards Down By 23 Lakh In August Following RBI Directions
A sharp decline has been recorded in the total number of active credit cards following a recent notification of the Reserve Bank of India.
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New Debit Card Rules From July 1, 2022. Details Here
Card tokenisation rules will now come into effect from July 1, 2022
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IISc Says Team Has Developed Enhanced Data Encryption, Security Device
Indian Institute of Science says team has developed a "record-breaking" true random number generator (TRNG), which can improve data encryption and provide improved security for sensitive digital data such as credit card details, passwords and other personal information.
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Credit, Debit Cards In Circulation Breach 1 Billion Mark In India: Report
October and December were the months with highest number of transactions in volume and value owing to the festive quarter and relaxations in COVID-19 restrictions
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Cryptocurrencies Worth Over GBP 2 Million Seized From British Teenager
The investigation found a total of BTC 48, a share of other cryptocurrencies, over 12,000 credit card numbers on the teenager’s computer, and the details of an additional 197 PayPal accounts.
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Twitch Says Breach Due to Server Configuration Change, User Logins and Payment Information Not Exposed
Twitch has released an update on its site claiming that the breach was due to a change in server configuration. The company says that Twitch does not store full credit card numbers, therefore sensitive payment information was not exposed. It adds, “We have no indication that login credentials have been exposed. We are continuing to investigate....
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Number Of Credit Cards More Than Doubled In 5 Years: RBI
The number of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53 crore cards in circulation, according to a new RBI report.
-
Microsoft’s AI-Powered Recall Feature Still Saves Snapshots of Sensitive Information: Report
Microsoft finally rolled out its artificial intelligence (AI)-powered Recall feature with the Windows 11 Insider Preview update last month. But contrary to Microsoft’s claims that the updated version does not store sensitive information such as credit cards or passwords, a new report suggests this security measure seldom works. Multiple instances...
-
Money Transfer Guidelines, LPG Prices: 7 Changes Coming Into Effect From November 1
Starting November 1, a number of changes will come into effect that will affect the day-to-day lives of people across the country. These changes encompass diverse domains, especially financial regulations.
-
US Woman Accidentally Tips Rs 6 lakh At Subway, Fights Bank For Refund
Ms Conner, who paid using a Bank of America credit card, accidentally put the last six digits of her phone number, instead of the tip amount.
-
MS Dhoni, Abhishek Bachchan's PAN Details Used For Fraud, 5 Arrested: Cops
In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names.
-
BTC ATM Installations Dramatically Sunk to Record Low in Last Six Months: CoinATMRadar
Only 94 BTC ATM machines were installed in different parts of the world between July 2022 and January 2023. The US, Australia, Canada, and Spain registered an elevated interest in Bitcoin machines. El Salvador, which legitimised Bitcoin as a legal tender in 2021, has notably lost its top spot in the BTC ATM rankings.
-
Visa Terminates Global Debit Card Agreements With Collapsed Crypto Exchange FTX
Visa on Sunday said that it was severing its global credit card agreements with crypto exchange FTX after it collapsed last week. The crypto platform's US debit card program is being wound down by their issuer, according to Visa. FTX and Visa had announced plans to introduce account-linked Visa debit cards in 40 new countries in October.
-
RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
-
RBI's New Rule For Credit, Debit Cards Begins Tomorrow. Details
Debit and credit card details like 16-digit card number, name, expiry date and CVV, are required during an online transaction.
-
Active Credit Cards Down By 23 Lakh In August Following RBI Directions
A sharp decline has been recorded in the total number of active credit cards following a recent notification of the Reserve Bank of India.
-
New Debit Card Rules From July 1, 2022. Details Here
Card tokenisation rules will now come into effect from July 1, 2022
-
IISc Says Team Has Developed Enhanced Data Encryption, Security Device
Indian Institute of Science says team has developed a "record-breaking" true random number generator (TRNG), which can improve data encryption and provide improved security for sensitive digital data such as credit card details, passwords and other personal information.
-
Credit, Debit Cards In Circulation Breach 1 Billion Mark In India: Report
October and December were the months with highest number of transactions in volume and value owing to the festive quarter and relaxations in COVID-19 restrictions
-
Cryptocurrencies Worth Over GBP 2 Million Seized From British Teenager
The investigation found a total of BTC 48, a share of other cryptocurrencies, over 12,000 credit card numbers on the teenager’s computer, and the details of an additional 197 PayPal accounts.
-
Twitch Says Breach Due to Server Configuration Change, User Logins and Payment Information Not Exposed
Twitch has released an update on its site claiming that the breach was due to a change in server configuration. The company says that Twitch does not store full credit card numbers, therefore sensitive payment information was not exposed. It adds, “We have no indication that login credentials have been exposed. We are continuing to investigate....
