New Delhi, April 1 Two-factor authentication for all digital transactions, including the popular UPI platform, will become effective from Wednesday, in line with the RBI's directive as a measure to curb fraud.Transactions will only be processed if the user completes both verification steps...
authentication
bankingapps
compliance
digital transactions
financial regulations
fraud prevention
india
otp
payment systems
pin verification
reserve bank of india (rbi)
security
transaction verification
two-factor authentication
upi
The government has dismissed a message circulating on social media that claimed SBI users must install an APK file to update their Aadhaar, otherwise their SBI YONO app will be blocked. The Fact Check Unit of the Press Information Bureau (PIB) stated that the claim is false. It added that SBI...
aadhaar
apk file
bankingapps
data security
digital payments
fact check
fraud prevention
india
mobile apps
personal details
press information bureau (pib)
sbi
sbi yono
social media
user update