NPCI may be planning to 'dump' OTPs, PINs for UPI transactions
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NPCI could also be planning to ‘dump’ OTPs, PINs for UPI transactions

[ad_1] The Nationwide Funds Company of India (NPCI) is reportedly discussing partnerships with a number of startups to introduce biometric authentication for Unified Funds Interface (UPI) transactions.In accordance with sources conversant in the matter, as reported by MoneyControl, the proposed system would enable customers to authenticate UPI funds utilizing ... Read more
Ransomware strike hits bank services: 200+ cooperative, rural banks face outage after malware attack
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Ransomware strike hits financial institution companies: 200+ cooperative, rural banks face outage after malware assault

[ad_1] MUMBAI: Greater than 200 cooperative and regional rural banks are experiencing outages due to a ransomware assault. Following the assault, the Nationwide Funds Company of India disconnected their core banking supplier C-Edge Applied sciences - a expertise firm promoted by SBI and TCS - from the fee system.In ... Read more
New rules for FASTag from August 1: Follow these KYC rules to make sure your FASTag does not become invalid
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New guidelines for FASTag from August 1: Comply with these KYC guidelines to ensure your FASTag doesn’t grow to be invalid

[ad_1] New rules for FASTags, the digital toll assortment system, will take impact on August 1, 2024, as introduced by the Nationwide Funds Company of India (NPCI). These adjustments intention to boost the system's effectivity and safety, impacting thousands and thousands of FASTag customers throughout India.FASTag guidelines and deadlinesEssentially ... Read more