kyc (know your customer)

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    FATF Report Highlights India's Efforts Against Offshore Virtual Asset Risks

    New Delhi, March 11 India is working to create a domestic Virtual Asset Lab to detect unregistered, high-risk offshore virtual asset service providers (oVASPs) by using analytics and web surveillance tools.A Financial Action Task Force (FATF) report, titled 'Understanding and mitigating the...
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    Two Cybercriminals Arrested in Bihar, Linked to Robbery Case

    Patna, March 3: The Bhagalpur Police in Bihar have achieved two major successes under their special campaign against crime, effectively targeting both cyber fraud networks and organized robbery gangs.Acting on the directives of the Senior Superintendent of Police, these coordinated actions...
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    NSE IX Platform Expands Global Trading for Indian Investors

    Ahmedabad, February 25 Indian investors will be able to trade in 30 global markets through a global access platform, said Balasubramaniam V, Chief Managing Director and CEO of NSE IX, on Wednesday.The NSE IX (National Stock Exchange International Exchange) global access platform is currently...
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    Railway Ministry Warns Against Fake Official Communications

    The Ministry of Railways has warned pensioners about cyber fraud and urged them to be vigilant against individuals posing as Railway officials. In a statement, the Ministry said that certain cyber fraudsters are making fake phone calls and sending SMS or WhatsApp messages pretending to be...
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    Sawant Commends Modi's Broadcast on Innovation, Farmer Support, and National Unity

    Panaji, February 22 Goa Chief Minister Pramod Sawant on Sunday praised the 131st episode of Prime Minister Narendra Modi's 'Mann Ki Baat' programme for highlighting India's growing leadership in technology, agriculture, and cultural heritage.The Prime Minister's reference to India's expanding...
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    PIL Calls for Enhanced Safeguards Against UPI Scams

    New Delhi, February 19 – The Delhi High Court has agreed to examine a public interest litigation (PIL) seeking the framing of comprehensive guidelines to curb the growing menace of frauds perpetrated through the Unified Payments Interface (UPI).Issuing notice, a bench of Chief Justice D.K...
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    ED Attaches Funds in Ludhiana Industrialist Arrest Case

    New Delhi, February 17 The Enforcement Directorate said on Tuesday that it has attached ₹1.76 crore of funds deposited in a mule bank account as part of its money laundering investigation linked to the digital arrest of prominent Ludhiana-based industrialist S P Oswal.The funds were held in...
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    Regulating Roaming and KYC: Agencies Tackle Rising Cyber Fraud

    New Delhi, February 13 The CBI and the I4C are considering a range of measures to recommend to the government, including linking banks' KYC processes with biometric verification and tethering international mobile roaming services to passports, as part of a broader effort to curb cybercrimes...
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