Attackers allegedly exploited an NBFC’s systems and API to move more than ₹3.3 crore to 52 suspected accounts in 87 minutes, with only about ₹40 lakh frozen so far. A Hyderabad-based non-banking financial company has reported a cyber fraud in…
A Pine Labs and WEBXPAY partnership will let Sri Lankan businesses accept UPI, Indian cards, net banking and other familiar payment methods as Indian tourism surges. Sri Lankan merchants are set to gain access to a wider range of Indian…
India’s central bank has ordered banks and payment firms to assume breached environments are compromised, tighten access controls and remove exposed credentials as autonomous AI tools accelerate cyberattacks. India’s central bank has moved to harden the financial system against a…
Darwinium has launched Journey Transition Probability and MCP Protection to detect suspicious behaviour across complete digital journeys, including interactions involving AI agents. Darwinium has launched two new fraud prevention tools as it pushes its platform towards what it calls Intent…
QloApps’ new Marketplace Cashfree Payment module automates payment splitting, seller onboarding, settlements and refunds for multi-property hotel booking platforms. QloApps’ Marketplace Cashfree Payment module is designed for hotel operators running a multi-seller booking platform, allowing them to take payments through…
India’s cyber threat is moving beyond data theft as AI agents exploit weak credentials, APIs and cloud permissions, while delayed breach-notification rules leave customers exposed. India’s cyber-risk landscape is widening fast, and the threat is no longer confined to simple…
AI agents entering live systems, weak eMudhra certificate keys and an SBI data exposure reveal familiar governance failures behind India’s latest cyber incidents. India’s patchwork approach to cyber risk was laid bare in a single week that exposed weaknesses across…
State Bank of India’s extensive cyber controls are under fresh scrutiny following reports of exposed customer records, ahead of plans for an AI-enabled Cyber Defence Centre in FY27. State Bank of India is facing fresh scrutiny over its cyber resilience…
Pine Labs has invested ₹24.99 crore in wholly owned subsidiary Synergistic Financial Networks to fund working capital, operations and expansion, following a sharp rise in first-quarter profit. Pine Labs has put ₹24.99 crore into its wholly owned subsidiary, Synergistic Financial…
UPI has transformed payments across India, but stark regional and gender divides, along with rising fraud, are exposing the limits of the country’s cashless revolution. India’s Unified Payments Interface has become one of the country’s most visible digital success stories,…
The race to deploy tokenised deposits and stablecoins is forcing banks to rethink settlement, permissions and trust as money moves across increasingly connected networks. Digital money is forcing banks to think far beyond whether to issue a token, as the…
LendFoundry is urging lenders to start with tightly controlled tasks such as account summaries and callback detection as rivals push AI agents deeper into servicing and collections. Loan servicing and collections teams are under pressure to move faster without loosening…
