Telangana Cyber Security Bureau (TGCSB) raised awareness among senior citizens in Hyderabad about cyber scams. Officers ...

There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to limit the ...

The RBI is launching a beneficiary account name look-up feature for RTGS and NEFT systems to prevent incorrect fund transfers ...

The Reserve Bank of India (RBI) is set to roll out a significant update for the National Electronic Funds Transfer (NEFT) and ...

The government in Belgrade has funds to buy out the shares of Russian corporations in the Serbian oil company NIS, reports ...

Currently, the Unified Payments Interface (UPI) and Immediate Payments Service (IMPS) systems enable a remitter to verify the ...

The Delhi High Court has urged the RBI to fast-track the implementation of a system that verifies the beneficiary's name for ...

This facility will allow users to view and verify the name of the beneficiary before initiating a transaction, similar to the ...

The RBI has mandated that financial institutions offering RTGS and NEFT services adopt a beneficiary account name ...

The Reserve Bank of India has directed the National Payments Corporation of India to develop a feature allowing customers to ...

Accordingly, to enable remitters in RTGS and NEFT to verify the name of the beneficiary account holder before initiating ...