Search For "fraud prevention"
New FATF report highlights illicit finance risks linked to Offshore VASPs
Updated : 3 days, 14 hours ago IST
Offshore VASPs are VASPs created under the laws of one jurisdiction, with or without a physical presence, that provide services to clients residing in another jurisdiction. The report analyses how oVASPs structure their activities to avoid or evade regulatory obligations and how illicit acto
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FATF warns of rising cyber-enabled fraud and widening money laundering, te
Updated : 2 weeks, 3 days ago IST
According to the FATF's latest publication, Cyber-Enabled Fraud -- Digitalisation and Money Laundering, Terrorist Financing and Proliferation Financing Risks, fraud has become "one of the most widespread and damaging profit-motivated forms of crime, generating large volumes of illicit procee
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India's Spam Shield: The Truecaller Community Blocked Nearly 1,200 Crore U
Updated : 1 month ago IST
Bangalore (Karnataka) [India], February 11: Indians received more than 4,000 crore spam calls in 2025, reflecting the growing scale of fraud, disruption, and digital risk in everyday communication. In India, every phone call carries meaning - it can open doors to opportunity, deliver vital i
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Perfios Achieves ISO/IEC 42001:2023 Certification for Artificial Intellige
Updated : 1 month, 3 weeks ago IST
Bengaluru (Karnataka) [India], January 22: Perfios.ai, India's leading B2B SaaS TechFin, today announced that it has been certified with ISO/IEC 42001:2023 - world's first Artificial Intelligence Management System (AIMS) standard. Perfios is among the few BFSI-technology companies globally t
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Decision on freezing UPI payments rests with RBI, NPCI: SBI's Ashwini Kuma
Updated : 3 months ago IST
State Bank of India Managing Director (Corporate Banking and Subsidiaries) Ashwini Kumar Tewari on Wednesday said the banking system in India is looking at ways and means to help customers retrieve funds in cases of fraud or inadvertent transactions, but stressed that any move to introduce a
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Indian banks accelerating AI adoption for financial crime compliance: Repo
Updated : 3 months ago IST
The Indian banks are rapidly integrating machine learning models into Financial Crime Compliance (FCC) operations amid rising fraud and regulatory scrutiny, making the traditional rule-based systems inadequate.
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"No, Govt wants to do no snooping": BJP's Sambit Patra addresses concerns
Updated : 3 months, 1 week ago IST
Patra explained that Sanchar Saathi allows users to report suspicious calls, fraudulent activities, and malicious links, empowering them to protect themselves. The app utilises IMEI tracking to combat phone duplication and aid in recovering stolen devices.
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"Sanchar Saathi app voluntary, activation not mandatory; opposition unnece
Updated : 3 months, 1 week ago IST
Union Minister for Communications Jyotiraditya Scindia on Tuesday asserted that activation of Sanchar Saathi app on mobile handsets is not mandatory and it is fully up to the consumers to use it or delete it like any other app.
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Clearout Recognized in Forbes India DGEMS Select 200 - 2025 Cohort
Updated : 3 months, 1 week ago IST
New Delhi [India], December 2: Clearout, a leading provider of email, phone, and form validation solutions along with email finding and prospecting, has been recognized by Forbes India as part of the DGEMS Select 200 - 2025 cohort, a curated list of global companies identified for their i
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New telecom cybersecurity rules in force, DoT clarifies enforcement status
Updated : 3 months, 2 weeks ago IST
The Department of Telecommunications (DoT) has said that the amendments to the Telecommunication Cyber Security (TCS) Rules, 2024, formally notified on October 22, 2025, are fully in force and enforceable.
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TRAI urges citizens to report spam via 'DND App' after massive blacklistin
Updated : 3 months, 2 weeks ago IST
Telecom Regulatory Authority of India (TRAI) has over the past year, acting on citizen complaints, facilitated the disconnection and blacklisting of more than 21 lakh mobile numbers and around one lakh entities involved in sending spam and fraudulent messages.
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Odisha Vigilance arrests former senior clerk in Rs 68.85 lakh Hindol sub-t
Updated : 3 months, 3 weeks ago IST
In a major breakthrough in a long-pending corruption case, Odisha Vigilance has arrested Manoranjan Sahoo, a former Senior Clerk of the Hindol Sub-Treasury in Dhenkanal district, for allegedly misappropriating Rs 68.85 lakh in government funds meant for family pension beneficiaries.
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