China-linked financial frauds and money laundering in India

Jun 28, 2022

Beijing [China], June 28 : India has recently witnessed a wave of financial frauds through instant microloan lending applications and crypto-currency transactions. The use...

Financial frauds declined by 46.7 per cent during 2023-24: RBI annual report

May 30, 2024

The Reserve Bank of India (RBI) in its annual report released on Thursday has noted a 46.7 per cent decline in the amount (value)...

Flipkart partners with Bajaj Allianz to cover online financial frauds

Sep 29, 2020

Bengaluru (Karnataka) [India], Sep 29 : E-commerce marketplace Flipkart and Bajaj Allianz General Insurance Company have come together to offer solutions for customers who...

Illegal activities by Chinese nationals grave concern for Nepali authorities

Jul 01, 2022

Beijing [China], July 1 : Chinese nationals in Nepal are often found to carry out financial frauds such as running Ponzi schemes online and...

Banks to use AI & Machine learning to safeguard customers from financial frauds: Department of Financial Services

Dec 07, 2024

In a significant move to address the growing menace of digital financial frauds, the Department of Financial Services (DFS) has directed banks to adopt...

"Enough is enough": Canada doubles student visa financial onus to curb frauds

Dec 08, 2023

Miller also issued a stern warning, threatening to "significantly limit visas" if provinces and educational institutions fail to take appropriate actions before the upcoming...