Debit Card Fraud
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Avoid Linking This Payment Card To Digital Wallets On Your Phone, Warn Experts
This warning contradicts assurances from tech companies that contactless payments are secure.
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SBI Card Ready With New Debit, Credit Card Rule Mandate: CEO
The pure-play credit card issuer SBI Card has prepared the ground for moving towards card tokenization, which is set to kick-in from October, a move aimed at protecting against fraud as well as data theft.
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RBI's Auto Debit Rules Have Become Effective. Know More About Them Here
Customers will need to re-register themselves with each of their payment instruments, whether it is a debit or a credit card
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Six Of Family, Two Others Use Fake IDs To Get Bank Cards To Shop: Cops
The Delhi Police has busted a gang of eight people - six of them members of the same family from a posh locality in west Delhi - for using fake identity cards to get 63 debit and credit cards from multiple banks to shop for expensive items worth at least 3-4 crore rupees.
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New Rules For Debit, Credit Cards To Kick In From Monday
RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.
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RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
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iPhones Worth $19 Million Stolen by ‘Fraud Ring’ Scammer Group With Fake IDs, Counterfeit Cards: Report
This gang used fake IDs and counterfeit debit cards to buy new iPhones and then sold them at a hefty price in the black market.
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Centre Says Looking Into Fraudulent Transactions Below Rs 1 Lakh With RBI
Presently, the RBI along with banks is tracking cases of frauds related to credit, debit and ATM cards and internet banking involving over Rs 1 lakh.
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10 Things You Should Know For Conducting Safe ATM Transactions
While transacting via an ATM-cum-debit card, customers often forget hiding their password, which may lead to a fraud. In order to prevent such instances, SBI recommends that customers should conduct ATM transactions in complete privacy. In case an unauthorised transaction happens via the ATM-cum-debit card, customers should immediately inform the b...
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Cosmos Bank Fraud: Over Rs 94 Crore Transferred Within 2 Days
The fraudulent transactions were carried out on August 11 and August 13 through 25 ATMs located in Canada, Hong Kong and a few in India.
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2 Romanian Nationals Arrested For Allegedly Hacking ATM Accounts In India
Two Romanian nationals were arrested in New Delhi on Saturday on suspicion of hacking into the accounts of more than 300 ATM users across India, police said.
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2 Arrested For Allegedly Carrying Out Multiple ATM Frauds In Delhi
Two men were arrested for allegedly carrying out a series of debit card frauds in different parts of the city, a police official said.
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PNB, Already Reeling Under Nirav Modi Fraud, Now Hit By Data Breach
Some 10,000 credit or debit card holders have been affected by a data breach reported by Punjab National Bank.
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ATM, Credit Card, Online Transactions Made Safer: New Rules In 10 Points
The Reserve Bank of India (RBI) has come out with rules to make electronic banking transactions safer. Customers will not suffer any loss if unauthorised electronic banking transactions are reported within three working days and the amount involved will be credited in the accounts concerned within 10 days, the RBI said in a notification. "With the ...
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What To Do In Case Of Online Banking Fraud: 10 Facts On New Rules
In case of any loss due to unauthorised electronic banking transactions, Reserve Bank of India (RBI) has issued a revised notification that limits liability of customers. "With the increased thrust on financial inclusion and customer protection and considering the recent surge in customer grievances relating to unauthorised transactions resulting i...
-
Avoid Linking This Payment Card To Digital Wallets On Your Phone, Warn Experts
This warning contradicts assurances from tech companies that contactless payments are secure.
-
SBI Card Ready With New Debit, Credit Card Rule Mandate: CEO
The pure-play credit card issuer SBI Card has prepared the ground for moving towards card tokenization, which is set to kick-in from October, a move aimed at protecting against fraud as well as data theft.
-
RBI's Auto Debit Rules Have Become Effective. Know More About Them Here
Customers will need to re-register themselves with each of their payment instruments, whether it is a debit or a credit card
-
Six Of Family, Two Others Use Fake IDs To Get Bank Cards To Shop: Cops
The Delhi Police has busted a gang of eight people - six of them members of the same family from a posh locality in west Delhi - for using fake identity cards to get 63 debit and credit cards from multiple banks to shop for expensive items worth at least 3-4 crore rupees.
-
New Rules For Debit, Credit Cards To Kick In From Monday
RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.
-
RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
-
iPhones Worth $19 Million Stolen by ‘Fraud Ring’ Scammer Group With Fake IDs, Counterfeit Cards: Report
This gang used fake IDs and counterfeit debit cards to buy new iPhones and then sold them at a hefty price in the black market.
-
Centre Says Looking Into Fraudulent Transactions Below Rs 1 Lakh With RBI
Presently, the RBI along with banks is tracking cases of frauds related to credit, debit and ATM cards and internet banking involving over Rs 1 lakh.
-
10 Things You Should Know For Conducting Safe ATM Transactions
While transacting via an ATM-cum-debit card, customers often forget hiding their password, which may lead to a fraud. In order to prevent such instances, SBI recommends that customers should conduct ATM transactions in complete privacy. In case an unauthorised transaction happens via the ATM-cum-debit card, customers should immediately inform the b...
-
Cosmos Bank Fraud: Over Rs 94 Crore Transferred Within 2 Days
The fraudulent transactions were carried out on August 11 and August 13 through 25 ATMs located in Canada, Hong Kong and a few in India.
-
2 Romanian Nationals Arrested For Allegedly Hacking ATM Accounts In India
Two Romanian nationals were arrested in New Delhi on Saturday on suspicion of hacking into the accounts of more than 300 ATM users across India, police said.
-
2 Arrested For Allegedly Carrying Out Multiple ATM Frauds In Delhi
Two men were arrested for allegedly carrying out a series of debit card frauds in different parts of the city, a police official said.
-
PNB, Already Reeling Under Nirav Modi Fraud, Now Hit By Data Breach
Some 10,000 credit or debit card holders have been affected by a data breach reported by Punjab National Bank.
-
ATM, Credit Card, Online Transactions Made Safer: New Rules In 10 Points
The Reserve Bank of India (RBI) has come out with rules to make electronic banking transactions safer. Customers will not suffer any loss if unauthorised electronic banking transactions are reported within three working days and the amount involved will be credited in the accounts concerned within 10 days, the RBI said in a notification. "With the ...
-
What To Do In Case Of Online Banking Fraud: 10 Facts On New Rules
In case of any loss due to unauthorised electronic banking transactions, Reserve Bank of India (RBI) has issued a revised notification that limits liability of customers. "With the increased thrust on financial inclusion and customer protection and considering the recent surge in customer grievances relating to unauthorised transactions resulting i...
