Tag: Digital Payments
Microsoft Issues Emergency Patch for Critical ASP.NET Core Flaw
Microsoft has released an emergency, out‑of‑band security update to fix a critical vulnerability in the widely used web framework ASP.NET Core, urging organisations to patch immediately. The flaw, tracked as CVE‑2026‑40372, affects the ASP.NET Core Data Protection cryptographic component and could allow unauthenticated attackers to forge authentication cookies and escalate privileges to the SYSTEM level. The vulnerability is rated 9.1 on the CVSS scale, reflecting...
Accenture: Indian Enterprises Accelerate AI Adoption to Build Business Resilience
Organizations in India are accelerating artificial intelligence adoption at scale, signalling a clear shift from AI experimentation to enterprise‑level deployment, according to Accenture’s latest research. The findings show that Indian enterprises are increasingly using AI as a lever to build resilience, strengthen governance, and redesign operating models, rather than just as a productivity‑enhancing pilot. Accenture’s Pulse of Change survey indicates that 69 per cent of...
Karnataka Now Accounts for 25.76% of India’s Cybercrime Cases
Karnataka, India’s technology hub, now accounts for 25.76% of all cybercrime cases registered nationwide, according to the Additional Director General of Police (Training). Speaking...
India Introduces Biometric UPI Payments with Face and Fingerprint Authentication
Facial Recognition and Fingerprint Verification to Replace PIN for Seamless Digital PaymentsIn a landmark move to strengthen digital payment security and convenience, India is...
HCLTech Finds AI Trust and Readiness Gaps in Payments Sector
HCLTech’s latest industry report reveals a paradox at the heart of the payments sector: while nearly every firm uses AI in some form, very...
₹40 Crore Fraud Hits MobiKwik After “Processing Glitch”
Fintech platform MobiKwik is once again under scrutiny after a major “processing glitch” triggered unauthorized payouts amounting to ₹40 crore. The company’s statement attributes...
ED Busts Global Cyber Scam, Seizes ₹2.83 Cr in Assets
India’s Enforcement Directorate has arrested a prime suspect behind a transnational cyber scam involving fake call centres that defrauded foreign nationals. The agency has...
RBI Asks Banks to Integrate DoT’s Fraud Risk Tool
The Reserve Bank of India (RBI) has issued an advisory asking all banks to integrate the Department of Telecommunications’ (DoT) Financial Fraud Risk Indicator...
Govt, UPI Apps Join Hands to Tackle Payment Fraud
In a move to strengthen security across India’s booming digital payments ecosystem, the government is working with third-party UPI apps such as Google Pay,...
78% Prefer Platforms Without Convenience Fees
A recent national survey by LocalCircles has revealed that a significant majority of Indian consumers are routinely paying convenience fees while making purchases or...
ED Issues FEMA Notice to Paytm
Digital payments giant Paytm has received a show cause notice from the Enforcement Directorate (ED) over alleged violations of the Foreign Exchange Management Act...
Karnataka, SISA Sign ₹150 Cr MoU for Cybersecurity Innovation
The Karnataka government has signed a Memorandum of Understanding (MoU) worth ₹150 crore with SISA, a global leader in forensics-driven cybersecurity solutions, to advance...
Mastercard Aims for a Passwordless Future in Digital Payments Security
In response to the rising global threat of cybercrime, Mastercard has announced a bold initiative to revolutionize digital payment security. The company’s strategy focuses...
