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Reserve Bank of India (File photo) With the beginning of the new financial year, India’s digital payments landscape is poised for a major security overhaul as the Reserve Bank of India (RBI) rolls out stricter authentication norms from April 1.The move comes in response to rising transaction volumes and increasing fraud risks. RBI aims to…
Tribal women in Maharashtra’s Nandurbar district face immense challenges accessing government aid, trekking miles to find weak mobile signals for e-KYC verification for the Ladki Bahin Yojana NASHIK/PUNE: A half-hour trek uphill, a line of women waiting in the midday heat for an OTP that rarely arrives. Their eyes fixed on a phone tied to…
Emirates NBD ends OTP codes, makes app approval mandatory for transactions Emirates NBD will replace one-time passwords (OTPs) sent by SMS or email with app-based verification through its ENBD X mobile app, starting a phased rollout on 1 November 2025 and extending to debit/credit card alerts soon after. The move follows a wider Central Bank…
