The banking regulator has now allowed ‘interoperability’ to transfer money from one wallet to another. STC Monitoring DeskDecember 30 (STC): Payments through digital mode continue to witness exciting innovations bringing more convenience to the customers. In a praise-worthy move the Reserve Bank of India (RBI) recently paved way for users of prepaid payment instruments (PPIs)…
“No-CIBIL-Score Loan Apps,” offers several ways to access money without traditional credit histories. STC Monitoring DeskDecember 29 (STC): Banks and financial institutions measure a person’s creditworthiness through the CIBIL score, a three-digit figure ranging between 300 and 900. It is determined by Credit Information Bureau India Limited (CIBIL) based on factors such as recent credit…
The banking regulator has now allowed ‘interoperability’ to transfer money from one wallet to another. STC Monitoring DeskDecember 29 (STC): Payments through digital mode continue to witness exciting innovations bringing more convenience to the customers. In a praise-worthy move the Reserve Bank of India (RBI) recently paved way for users of prepaid payment instruments (PPIs)…
By Sajjad Bazaz(sajjadbazaz@gmail.com) Over a period of time, if advanced technology has revolutionised financial transactions at lightning speed across global geographies, it has also armed cyber fraudsters with varied opportunities to upgrade their modus operandi in line with the innovations in technology. In fact, online financial frauds have become an organized sector which is only…
By Sajjad Bazaz(sajjadbazaz@gmail.com) Over a period of time, if advanced technology has revolutionised financial transactions at lightning speed across global geographies, it has also armed cyber fraudsters with varied opportunities to upgrade their modus operandi in line with the innovations in technology. In fact, online financial frauds have become an organized sector which is only…
