Govt teams up with SBI Cards, telcos to combat OTP frauds
ETtech.com -

India’s home ministry, SBI Cards and Payment Services Ltd (SBI Card) and telecom operators have partnered to develop an innovative solution for alerting about stolen one-time passwords as part of a broader effort to combat the growing threat of cyber fraud and phishing attacks on the banking ecosystem.According to two people in the know, the Centre is testing a solution that will allow banks to track the registered address as well as geolocation of a customer and where an OTP is getting...

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