"kyc"

Algorithms now predict spending habits, automate KYC, and flag anomalies in real time. But in this pursuit of precision and efficiency, the human element—empathy, understanding, and nuance—is at risk of being left behind.

Had it not been for the alert staff, the cyber fraud would have been perpetrated on a retired PSU employee and his wife, who walked into the bank with a request to transfer Rs 46 lakh by RTGS to an account of ICICI Bank in Aurangabad.

According to police officials, the arrested persons include employees of two leading mobile phone service providers and shop owners

Some more farmers also did not receive the waiver, but they were not willing to disclose their identity due to reasons unknown.

Says bank failed to preserve records pertaining to identification of customers and their addresses obtained during course of business relationships in certain accounts

All he did was click on a link sent to his mobile and presto, Rs.1.25 lakh vanished from his credit account.

In a statement on Saturday the CP told the public that no bank would ask for details for an update and be wary of links in fraudulent messages.

NHAI initiates action following reports of multiple FASTags issued for a single vehicle and issuance without KYC, violating RBI mandate.

As the congress government announced subsidy of 500 for LPG cylinders, people have been standing in queues

Customer KYC has been made essential for gas distribution companies under the new law to provide subsidized LPG Cylinders.

Regulated Entities (REs) have to undertake customer due diligence (CDD) as per the process for their customers.

The bank breached the regulatory ceiling of end of the day balance in certain customer advance accounts availing payout services

By indulging in such acts, they violated the provisions of PFUTP Regulations and accordingly, the regulator levied a fine of Rs 5 lakh each on 24 individuals and Rs 10 lakh on the remaining one.

The two persons arrested by Rachakonda cybercrime police on charges of cheating people in the guise of updating Know Your Customer (KYC) details of bank accounts and siphoning money.

Hyderabad: The State Bank of India has frozen several accounts due to non-compliance with KYC (Know Your Customer) regulations. Several twitter users took to twitter to complain about the same by tagging the bank’s official ID. An SBI customer Gaurav Agarwal, tagged the official handle of the bank and said that his account services have […]

Hyderabad: Cyber fraudsters duped a businessman from Sultan Bazaar of Rs.25,000. The man Narsapuram Srinivas Chary, (54) a resident of Koti reportedly received a text message from an unknown mobile phone number asking him to update the KYC details of his bank account. “Believing the message to be true, he shared his details and found […]

The research wing of New Delhi-based think tank CyberPeace Foundation, along with Autobot Infosec Pvt Ltd, studied two such incidents on the name of SBI.

The app-based virtual number gives users the option of blocking all calls and also all messages sent to this number are stored in the app.

The instant loan app menace underscores the need for a robust data security mechanism

Cyberabad Police Commissioner VC Sajjanar said Nanku asked the victims to add a nominal amount to their Paytm accounts using their credit and debit cards.