https://www.business-standard.com/finance/personal-finance/49-increases-in-fraud-cases-how-money-mule-bank-accounts-are-duping-you-124022200137_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/49-increases-in-fraud-cases-how-money-mule-bank-accounts-are-duping-you-124022200137_1.html Mule accounts are essentially bank accounts that receive funds from illegal activities and then transfer them elsewhere, acting as a bridge in
Category: ART
👍👍👍WhatsApp: How-to format text, create bulleted list, use block quote in chat
https://www.business-standard.com/technology/apps/whatsapp-how-to-format-text-create-bulleted-list-use-block-quote-in-chat-124022200290_1.html Clipped from: https://www.business-standard.com/technology/apps/whatsapp-how-to-format-text-create-bulleted-list-use-block-quote-in-chat-124022200290_1.html WhatsApp has introduced new text formatting options that are now available on Android, iOS, Web, and Mac users Meta’s instant messaging platform
As online frauds rise, all you need to know about Pig Butchering Scam
https://www.business-standard.com/finance/news/as-online-frauds-rise-all-you-need-to-know-about-pig-butchering-scam-124022200612_1.html Clipped from: https://www.business-standard.com/finance/news/as-online-frauds-rise-all-you-need-to-know-about-pig-butchering-scam-124022200612_1.html The term “pig butchering” refers to the process of fattening the victim emotionally before ultimately deceiving them financially Representational Image Amid concerns
👍63 moons forays into cybersecurity, ties up with 10 global IT firms – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/63-moons-forays-into-cybersecurity-ties-up-with-10-global-it-firms/article67870956.ece Clipped from: https://www.thehindubusinessline.com/info-tech/63-moons-forays-into-cybersecurity-ties-up-with-10-global-it-firms/article67870956.ece Franchise programme in India to be opened from March 1; Company sees India’s cybersecurity market touching ₹ 1 lakh crore by 2029
Despite RBI restrictions, MFs hiked stake in Paytm in January – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/amid-rbi-restrictions-and-a-stock-price-decline-mfs-hike-stake-in-paytm-to-average-cost/article67871564.ece Clipped from: https://www.thehindubusinessline.com/markets/amid-rbi-restrictions-and-a-stock-price-decline-mfs-hike-stake-in-paytm-to-average-cost/article67871564.ece With stock under pressure, mutual funds take the averaging route Mutual funds holding in troubled Paytm (One 97 Communication) have increased 70
FSDC to formulate strategy to simplify, digitalise KYC process, curb illegal loan apps – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece Clipped from: https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece The council met in Delhi under the Chairpersonship of Finance Minister Nirmala Sitharman After the Paytm Payment Bank debacle, the Finance Stability
KYC compliance: Time consuming, repetitive but critical for your safety | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/kyc-compliance-time-consuming-repetitive-but-critical-for-your-safety-124022101009_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/kyc-compliance-time-consuming-repetitive-but-critical-for-your-safety-124022101009_1.html Update your documents regularly so that you are able to fulfil KYC demands seamlessly Representative Picture The Reserve Bank of India’s (RBI’s)
👌Lenders form panel to protect bank executives against graft cases
https://www.business-standard.com/finance/news/lenders-form-panel-to-protect-bank-executives-against-graft-cases-124022100453_1.html Clipped from: https://www.business-standard.com/finance/news/lenders-form-panel-to-protect-bank-executives-against-graft-cases-124022100453_1.html The committee, headed by D C Jain, a former senior officer with the CBI, is expected to suggest ways to protect bank
👌👌👌What’s the secret behind creating ‘lakhpati didis’? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/whats-the-secret-behind-creating-lakhpati-didis/article67867978.ece Clipped from: https://www.thehindubusinessline.com/opinion/whats-the-secret-behind-creating-lakhpati-didis/article67867978.ece To become a Lakhpati Didi, a critical skill is digital financial literacy — financial knowledge and the ability to take effective decisions
Meta to introduce deepfake helpline on messaging platform WhatsApp | Company News – Business Standard
https://www.business-standard.com/companies/news/meta-to-introduce-a-fact-checking-helpline-on-whatsapp-to-fight-deepfakes-124021900863_1.html Clipped from: https://www.business-standard.com/companies/news/meta-to-introduce-a-fact-checking-helpline-on-whatsapp-to-fight-deepfakes-124021900863_1.html The helpline, expected to be available for public use next month, will allow users to flag deepfakes by alerting a dedicated WhatsApp
👌Data breach: No impact on biz ops, says Motilal Oswal Financial Services
https://www.business-standard.com/companies/news/no-impact-on-business-operations-motilal-oswal-financial-on-data-breach-124021901020_1.html Clipped from: https://www.business-standard.com/companies/news/no-impact-on-business-operations-motilal-oswal-financial-on-data-breach-124021901020_1.html Cybercrime group LockBit had claimed the attack on MOSL on its dark web site, according to a report by news portal TechCrunch
👌Fire in the dream factory | Editorial Comment – Business Standard
https://www.business-standard.com/opinion/editorial/fire-in-the-dream-factory-124021901174_1.html Clipped from: https://www.business-standard.com/opinion/editorial/fire-in-the-dream-factory-124021901174_1.html Boards at startups need to be made more accountable The ongoing crises at Paytm and Byju’s — the country’s two leading startups
Paytm nodal account: Axis Bank to get “fee and float” boost – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/paytm-nodal-account-axis-bank-to-get-fee-and-float-boost/article67863755.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/paytm-nodal-account-axis-bank-to-get-fee-and-float-boost/article67863755.ece The private sector bank will earn a fee from OCL due to merchant settlements happening through the nodal account Axis Bank’s income
Withdrawal of small IT demands not to entail credit, refund, says IT Dept – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/withdrawal-of-small-it-demands-not-to-entail-credit-refund-says-it-dept/article67863531.ece Clipped from: https://www.thehindubusinessline.com/economy/withdrawal-of-small-it-demands-not-to-entail-credit-refund-says-it-dept/article67863531.ece CBDT sets ₹1 lakh threshold per assessee for withdrawal of old tax demands Remission and extinguishment of small income-tax demands will not
After shifting nodal accounts to Axis, Paytm to seek third-party app licence from NPCI – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/after-shifting-nodal-accounts-to-axis-paytm-to-seek-third-party-app-licence-from-npci/article67864120.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/after-shifting-nodal-accounts-to-axis-paytm-to-seek-third-party-app-licence-from-npci/article67864120.ece Paytm is presently not classified as a TPAP due to UPI transactions being routed through Paytm Payments Bank After shifting its nodal
Maldives: Debt and dependence – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/maldives-debt-and-dependence/article67864217.ece lipped from: https://www.thehindubusinessline.com/opinion/maldives-debt-and-dependence/article67864217.ece The international community has a big role to play in resolving Maldives’ debt distress As the distance between Maldives and India widens,
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