Financial Fraud

Showing of 21 - 40 from 34 results
Financial Fraud - Total results - 34
Digital financial fraud is here to stay; it’s important to be aware of the dangers to stay protected
News & Analysis

Digital financial fraud is here to stay; it’s important to be aware of the dangers to stay protected

The landscape of financial transactions has undergone a sea change over the last couple of years and digital fraud is adapting as well.

Bug in UPI: Bank of Maharashtra sees one of India's biggest frauds worth Rs 25 crore
Business

Bug in UPI: Bank of Maharashtra sees one of India's biggest frauds worth Rs 25 crore

The fraud was first reported in the media last week after a few arrests in Maharashtra, but the total amount transferred was under Rs 2 crore.

Signalling customers with colour codes, banking apps have noticed cuts in spending behaviour
News & Analysis

Signalling customers with colour codes, banking apps have noticed cuts in spending behaviour

A transaction-tracking app using red, yellow and green messages to warn account holders when they are paying out more or less than usual has resulted in some users spending less, a potentially powerful new weapon in the battle for customers.

Vijay Mallya: It's a witch hunt in India, 'interview' me in London
Business

Vijay Mallya: It's a witch hunt in India, 'interview' me in London

Vijay Mallya said in India investigative agencies are political tools that do not hesitate to go on a wild-goose chase

Vijay Mallya's famed US beer maker Mendocino in trouble too
Business

Vijay Mallya's famed US beer maker Mendocino in trouble too

Mendocino said if UBHL does not consummate debt financing, it would have a material adverse effect on the company's ability to continue to operate

Why ED's move to get Interpol arrest warrant on Vijay Mallya may be futile
Business

Why ED's move to get Interpol arrest warrant on Vijay Mallya may be futile

ED is also mulling attaching domestic assets and shares worth about Rs 9,000 crore owned by Mallya in this case

After failure to deport, ED to attach Mallya's India assets worth Rs 9,000 cr
Business

After failure to deport, ED to attach Mallya's India assets worth Rs 9,000 cr

ED will take banks on-board too before attaching these assets under PMLA laws

Bangladesh central bank working to recover &100 mn from US account
World

Bangladesh central bank working to recover &100 mn from US account

The Bangladesh central bank says it is working to recover some $100 million it lost from an account at the Federal Reserve Bank of New York.

CBI officers go back to school to get lessons in finance from IIM-B
India

CBI officers go back to school to get lessons in finance from IIM-B

Thirty CBI investigators took classes at IIM-B on financial intelligence and analytics, and were given an overview of issues like financial marketsand cyber crime.

65% Targeted Attacks Driven By Financial Fraud
Biztech

65% Targeted Attacks Driven By Financial Fraud

Successful attacks cost businesses over $100,000 per incident, says Check Point survey.

Financial Fraud: Prevention Better Than Detection
Biztech

Financial Fraud: Prevention Better Than Detection

ReadiMinds survey says financial institutions prefer real-time fraud prevention systems over post-facto fraud detection.

Indian FIs Keen To Adopt Cross-Channel Fraud Prevention: Survey
Biztech

Indian FIs Keen To Adopt Cross-Channel Fraud Prevention: Survey

Indian financial institutions are still taking a channel-wise approach to tackling online frauds, as opposed to taking a holistic approach.

Satyam Episode Compels Enterprises To Revisit Governance
Biztech

Satyam Episode Compels Enterprises To Revisit Governance

Biztech2.0 spoke to some leading CIOs to understand how the Satyam episode will impact the governance framework of enterprises.