Cybercriminals in Hyderabad are increasingly targeting religious donors through fake zakat appeals, prompting warnings from police and scholars to verify charities and safeguard donations during Ramzan and Eid. Cyber fraudsters in Hyderabad are increasingly exploiting religious giving, with several mosque…
Experts are revising the longstanding 4% pension withdrawal rule, with recent studies indicating higher sustainable withdrawal rates amid changing market conditions, prompting a shift towards more personalised retirement income strategies. The long-standing 4% pension withdrawal rule is still one of…
Video KYC emerges as a key innovation in merchant onboarding, blending human oversight with automation to enhance speed, compliance, and fraud prevention amid evolving digital verification standards. Video KYC has become a practical middle ground between face-to-face checks and fully…
The Fatehabad District Consumer Commission has mandated Cigna TTK Health Insurance to pay Rs 50 lakh to a widow after rejecting her late husband’s critical illness claim, citing inadequate investigation and service deficiencies. The Fatehabad District Consumer Commission in Haryana…
Police in Pune have arrested influencer Rohan Rameshwar Jadhav amid a widening investigation into a complex scam involving over ₹10 crore, international links, and a vast network of bank accounts, highlighting the growing risks of online persona-based financial crimes. Police…
Fraudsters are leveraging AI-generated identities to deepen trust and perpetrate sophisticated online romance schemes, with authorities warning of rising financial losses and complex money laundering networks. A suspected fraudster is alleged to have won victims’ trust by pretending to seek…
BNI is set to host its wondrX 2026 showcase from 21 to 23 August at ICE BSD City, uniting consumer banking, business services, and partners to present new products, digital features, and exclusive promotions for customers and potential clients. BNI…
Scammers are increasingly using authentic PayPal invoicing features to dupe victims into false debts and steer them toward dangerous phone calls, prompting security experts to advise vigilance and cautious verification. A PayPal message asking for payment on behalf of Kathleen…
Union Bank of India, DCB Bank, and Indian Bank have revised their fixed deposit rates from August 4, 2026, offering higher returns for both regular and senior citizen customers amid heightened competition for savings. Union Bank of India, DCB Bank…
Criminals are increasingly exploiting gift cards and vouchers to conceal stolen funds, prompting calls for heightened vigilance among consumers and tighter regulation of prepaid retail products. Criminals are increasingly using gift cards and vouchers to move stolen money, turning what…
New data suggests that investors in regular mutual fund plans, supported by distributors, tend to stay invested for longer periods than those who opt for direct plans, underscoring the behavioural anchor role of intermediaries amidst India’s rapid industry growth. The…
In India, credit card APRs exceeding 36% make minimum payments a costly gamble, risking rapid debt growth and impaired credit health. Experts recommend full payment or strategic financial planning to prevent debt spirals. Paying only the minimum due on a…
