https://www.taxtmi.com/news?id=19713 A centralised registry compiles bank-reported ATM/debit-card and internet-banking frauds while outcomes of law-enforcement investigations are not centrally maintained. Banks must report frauds to law enforcement and comply with a Cyber Security Framework and prepaid-instrument instructions. Customer protection includes a zero liability regime for unauthorised electronic transactions subject to conditions and timely notification, and customers may seek redress under the Banking Ombudsman for non-compliance with electronic-banking instructions. en-us Fri, 09 Mar 2018 19:00:31 +0530 Fri, 09 Mar 2018 19:00:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19713 A centralised registry compiles bank-reported ATM/debit-card and internet-banking frauds while outcomes of law-enforcement investigations are not centrally maintained. Banks must report frauds to law enforcement and comply with a Cyber Security Framework and prepaid-instrument instructions. Customer protection includes a zero liability regime for unauthorised electronic transactions subject to conditions and timely notification, and customers may seek redress under the Banking Ombudsman for non-compliance with electronic-banking instructions. News - Fri, 09 Mar 2018 19:00:31 +0530 https://www.taxtmi.com/news?id=19713