Praveen Sivathapandi, is a IT leader who has more than 18 years of experience in various sectors such as healthcare, finance, automobiles, and logistics.

In March (2025), 18.3 billion transactions were recorded through UPI with a value of Rs 24 lakh crore. It is about 35% growth in YoY volume and 25% in terms of value YoY. Fraud cases are in the ...

Digital transactions have emerged as a dominant force in today’s global commerce sector, empowering businesses and fin ...

Using AI, merchants can increase approval rates by declining fewer legitimate transactions. These are transactions that would have been declined using less sophisticated fraud-detection technologies.

According to researcher Datamonitor, more than 48 per cent of all credit card fraud occurs online. Yet only two per cent of Visa transactions, for example, take place on the internet. "It's easy ...

Credit card fraud can happen if someone physically steals ... Regularly check that the transactions listed on your credit card statements and online accounts were made by you or any authorized ...

This type of fraud typically occurs with online or phone transactions where only the credit card details are provided. Card-not-present fraud can be difficult to detect because the merchant cannot ...

which has emerged as a powerful tool to fight cheque fraud in India, especially for large-value transactions. The PPS adds an extra layer of security, ensuring every large transaction is verified ...

According to a Q4 analysis by MISMO-certified wire fraud prevention fintech FundingShield, 50.5% of transactions had issues leading to wire and title fraud risk. Additionally, 5.25% of ...

KUALA LUMPUR: Financial institutions should extend the cooling-off period for transactions to up to 72 hours to combat online scams and fraud, says Comm Datuk Seri Ramli Mohamed Yoosuf (pic).