As digital payment security evolves with multi-factor authentication and risk-based checks, merchants and consumers face new opportunities and challenges in reducing fraud without compromising convenience. Every time a customer clicks “Pay Now”, a set of identity checks may begin before…
While many buyers focus on the lowest premium, industry experts advise considering coverage, add-ons, claim services, and the insured declared value to avoid costly surprises after accidents or theft. For many two-wheeler buyers, the first instinct is to chase the…
Police in New York City have issued warnings about a rapidly spreading fraud scheme targeting older adults, involving fake alerts and fake law enforcement calls, which has already stolen over $100 million and now threatens wider reach. New York City…
Expert brokers using manual assessments and whole-of-market access are transforming the lending landscape for borrowers with imperfect credit histories, opening doors that traditional banks often close. Finding a mortgage can be straightforward for buyers with tidy credit files, but it…
Banks are increasingly offering fixed deposit-backed credit cards, providing a flexible and accessible route to building credit for students, young professionals, and those with limited credit history, while allowing them to earn interest on their deposits. For people with little…
India’s move to impose fees on UPI and RuPay transactions has intensified US trade concerns, highlighting a broader clash over control of digital payment infrastructure amid ongoing negotiations between New Delhi and Washington. India’s move to give banks and payment…
As millions of UK workers accumulate multiple pension pots due to job mobility and automatic enrolment, experts highlight both benefits and risks of consolidation, prompting a nuanced approach tailored to individual circumstances. As retirement saving becomes more fragmented, many workers…
The Reserve Bank of India has revised its scale-based regulation criteria for non-banking finance companies, including Tata Sons, amid increased regulatory scrutiny and changes to asset-based thresholds. The Reserve Bank of India has put 17 non-banking finance companies in its…
India is contemplating a policy shift that could introduce fees on its popular UPI and RuPay payment systems, amid ongoing trade negotiations with the United States and concerns over a perceived digital payments trade barrier. As India and the United…
While often viewed as a bureaucratic hurdle, Know Your Customer rules serve a vital role in safeguarding the financial system. New approaches and increased flexibility aim to make KYC more effective and less burdensome for clients. Know Your Customer rules…
