by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“Based on the perceived risk associated with the transaction, additional checks beyond the minimum two-factor authentication may be resorted to. Issuers may also explore using DigiLocker as a platform for notification and confirmation for high-risk...
by AIP Online Bureau | Sep 22, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
The Private Hospital and Nursing Home Association (PHANA) in Punjab has stopped cashless treatment under the government’s health insurance schemes, including the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) New Delhi: The ruling AAP in Punjab...
by AIP Online Bureau | Aug 13, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Michael Debabrata Patra,Deputy Governor,RBI Currently, the deposit insurance coverage limit (Rs 5,00,000 or approximately USD 6,000), fully protects 97.8 per cent of deposit accounts and 43.1 per cent of deposit value in India. Jaipur: India’s Deposit Insurance and...
by AIP Online Bureau | May 31, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“Fraudsters are getting sophisticated by the day, while financial institutions and fintechs, jostling for market share and growth, have loosened controls.” Mumbai: Digital payment frauds in India saw a more than fivefold jump to Rs 14.57 billion ($175...
by AIP Online Bureau | Feb 7, 2024 | Eco/Invest/Demography, International News, Technology
A report in November showed that cybercrime group “Black Basta” had extorted at least $107 million in bitcoin, with much of the laundered ransom payments making their way to the sanctioned Russian cryptocurrency exchange Garantex Payments from...
