https://www.taxtmi.com/news?id=37053 To address payment fraud, authorities have implemented device binding between mobile number and device, two-factor authentication via PIN, daily transaction limits and use-case curbs; NPCI provides AI/ML-based fraud monitoring to banks to alert and decline suspicious transactions; awareness campaigns and national reporting channels - a cybercrime portal, helpline and DoT's Digital Intelligence Platform with the Chakshu facility - enable citizen reporting of suspected financial cybercrimes. en-us Wed, 12 Mar 2025 10:34:54 +0530 Wed, 12 Mar 2025 10:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37053 To address payment fraud, authorities have implemented device binding between mobile number and device, two-factor authentication via PIN, daily transaction limits and use-case curbs; NPCI provides AI/ML-based fraud monitoring to banks to alert and decline suspicious transactions; awareness campaigns and national reporting channels - a cybercrime portal, helpline and DoT's Digital Intelligence Platform with the Chakshu facility - enable citizen reporting of suspected financial cybercrimes. News - Wed, 12 Mar 2025 10:34:54 +0530 https://www.taxtmi.com/news?id=37053