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NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
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All About The New ATM Fraud And How It Traps Cards
ATM fraudsters trap cards, trick people into sharing PINs, and then steal their money.
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Man Robs Former Employer Of Rs 3 Lakh In Delhi, Arrested: Police
A man, who worked as an elderly person's help in Delhi, was arrested for allegedly stealing his ATM cards and a diary containing PINs to withdraw over Rs 3 lakh to clear loans he had taken during the Covid lockdown, police said on Monday.
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Can Pressing "Cancel" Twice Prevent ATM Pin Theft? Government's Fact-Check
The government has clarified that a message claiming that pressing the cancel' button twice on an ATM can prevent someone from stealing your PIN number is untrue.
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Men On Bike Stole Wallet, Returned To Ask For ATM Pin, Caught: Police
Two men on a bike, who were trying to escape after robbing the mobile phone and wallet of a man, were caught in Noida following a gunfight with the police, officials said on Thursday.
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External Affairs Minister Sushma Swaraj Helps Russian Tourist Begging For Alms
External Affairs Minister Sushma Swaraj has come to the aid of a Russian national, who had to resort to seeking alms at a temple in Tamil Nadu after finding that his debit card ATM PIN had got locked.
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Left With No Money, Russian Tourist Seeks Alms At Tamil Nadu Temple
Left with no money, a Russian youth who is touring Tamil Nadu today started seeking alms at a temple in Kancheepuram, police said. The 24-year-old man decided to seek alms after he could not withdraw money using his bank ATM card as the PIN got locked, police said
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Macau ATMs Need Face Time Before Payout To Help Follow The Money
Chinese bettors withdrawing money from some ATMs in Macau need to do more than punch in their PIN code. They also have to stare into a camera for six seconds so facial-recognition software can verify their identity and help monitor transactions.
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Biometric Cards May Soon Replace ATM Pins With Fingerprints
Forgot your ATM pin? A next-generation biometric card that lets you authenticate your payments with your fingerprints could soon come to your aid.
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Your Smartwatch Can Reveal Your ATM PIN
Researchers cracked private PINs with 80 percent accuracy on the first try and more than 90 percent accuracy after three efforts.
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Smartwatches, Fitness Trackers Can Give Away Your ATM PIN
Wearable devices can give away your passwords, say scientists who, for the first time, used data from sensors in smartwatches and fitness trackers to crack private PINs with upto 90 per cent accuracy.
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New RBI Order Aimed At Protecting Debit Cards From Cloning
The Reserve Bank of India has ordered banks to migrate all debit and credit cards from the ones with magnetic strips to those that use EMV chips and PINs. This, the central bank says, will secure transactions made with these cards at ATMs and merchant outlets.
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RBI Willing to Relax PIN, OTP Requirements for Sub-Rs. 2,000 Transactions
RBI said the ATM transactions where the card is not present will continue to require the additional factor of authentication, a PIN or one-time password.
-
South Mumbai waiter uses customer's PIN to steal Rs 50,000
Last month, the Reserve Bank of India (RBI) made it mandatory for customers to punch in their personal identification numbers (PIN) each time their debit cards are swiped at shops and eateries.
-
Adopt Aadhaar authentication for card-based transactions: RBI
In order to ensure security in card- based payment transactions taking place at point of sale (POS) terminals or at ATMs, the Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
-
NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
-
All About The New ATM Fraud And How It Traps Cards
ATM fraudsters trap cards, trick people into sharing PINs, and then steal their money.
-
Man Robs Former Employer Of Rs 3 Lakh In Delhi, Arrested: Police
A man, who worked as an elderly person's help in Delhi, was arrested for allegedly stealing his ATM cards and a diary containing PINs to withdraw over Rs 3 lakh to clear loans he had taken during the Covid lockdown, police said on Monday.
-
Can Pressing "Cancel" Twice Prevent ATM Pin Theft? Government's Fact-Check
The government has clarified that a message claiming that pressing the cancel' button twice on an ATM can prevent someone from stealing your PIN number is untrue.
-
Men On Bike Stole Wallet, Returned To Ask For ATM Pin, Caught: Police
Two men on a bike, who were trying to escape after robbing the mobile phone and wallet of a man, were caught in Noida following a gunfight with the police, officials said on Thursday.
-
External Affairs Minister Sushma Swaraj Helps Russian Tourist Begging For Alms
External Affairs Minister Sushma Swaraj has come to the aid of a Russian national, who had to resort to seeking alms at a temple in Tamil Nadu after finding that his debit card ATM PIN had got locked.
-
Left With No Money, Russian Tourist Seeks Alms At Tamil Nadu Temple
Left with no money, a Russian youth who is touring Tamil Nadu today started seeking alms at a temple in Kancheepuram, police said. The 24-year-old man decided to seek alms after he could not withdraw money using his bank ATM card as the PIN got locked, police said
-
Macau ATMs Need Face Time Before Payout To Help Follow The Money
Chinese bettors withdrawing money from some ATMs in Macau need to do more than punch in their PIN code. They also have to stare into a camera for six seconds so facial-recognition software can verify their identity and help monitor transactions.
-
Biometric Cards May Soon Replace ATM Pins With Fingerprints
Forgot your ATM pin? A next-generation biometric card that lets you authenticate your payments with your fingerprints could soon come to your aid.
-
Your Smartwatch Can Reveal Your ATM PIN
Researchers cracked private PINs with 80 percent accuracy on the first try and more than 90 percent accuracy after three efforts.
-
Smartwatches, Fitness Trackers Can Give Away Your ATM PIN
Wearable devices can give away your passwords, say scientists who, for the first time, used data from sensors in smartwatches and fitness trackers to crack private PINs with upto 90 per cent accuracy.
-
New RBI Order Aimed At Protecting Debit Cards From Cloning
The Reserve Bank of India has ordered banks to migrate all debit and credit cards from the ones with magnetic strips to those that use EMV chips and PINs. This, the central bank says, will secure transactions made with these cards at ATMs and merchant outlets.
-
RBI Willing to Relax PIN, OTP Requirements for Sub-Rs. 2,000 Transactions
RBI said the ATM transactions where the card is not present will continue to require the additional factor of authentication, a PIN or one-time password.
-
South Mumbai waiter uses customer's PIN to steal Rs 50,000
Last month, the Reserve Bank of India (RBI) made it mandatory for customers to punch in their personal identification numbers (PIN) each time their debit cards are swiped at shops and eateries.
-
Adopt Aadhaar authentication for card-based transactions: RBI
In order to ensure security in card- based payment transactions taking place at point of sale (POS) terminals or at ATMs, the Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
