With the introduction of electronic banking, many thought that frauds would become a thing of the past. How wrong they are. Bank frauds are rising more than ever before despite the coming of mobile ...

As part of the growing popularity of electronic banking, paperless money transfers are becoming the norm. According to the American Bankers Association, electronic payments now outnumber paper ...

Electronic banking has made it more convenient for businesses to handle their banking, but it has also added a new series of risks to the financial equation. Businesses assume greater liability for ...

To protect customers from financial losses on account of unauthorised electronic banking transactions (EBTs), the Reserve Bank of India may ask banks to mandatorily send instant SMS alerts for all ...