Based on I4C’s recommendations, 805 apps and 3,266 website links were blocked for national security, while 399 banks and ...
Press Trust of India on MSN18h
Govt planning to use AI for identifying mule accounts to check cybercrime: Amit ShahAmit Shah discusses cybercrime prevention, mule accounts, and digital revolution in India, emphasizing the importance of ...
Hosted on MSN1mon
Mule Account Fraud: RBI's new AI-powered initiative to protect banking system against scamsThe Reserve Bank of India (RBI) has geared up to combat mule account cybercrimes that are rising across India. The central bank has partnered with fintech research institutions including the ...
The Reserve Bank of India is working with fintech institutions to fight mule account cybercrimes. They have developed advanced algorithms to detect frauds and recently launched MuleHunter.AI ...
Union Home Minister Amit Shah said that 399 banks and financial intermediaries are now working in coordination with the ...
It also intends to streamline secure financial services while boosting trust in digital banking and payment services ...
Zerodha cofounder Nikhil Kamath has raised concerns with the Reserve Bank of India (RBI) over the rising threat of ...
Government and RBI are considering a 'cooling off facility' to block funds received in bank accounts to combat online frauds. This measure targets mule accounts used in digital payment frauds.
Zerodha CEO Nithin Kamath highlights the rise in digital frauds due to AI and warns of worsening scenarios. SEBI and RBI are ...
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