[ad_1] The Department of Telecommunications’ (DoTs’) Sanchar Sathi portal is discontinuing more than 2,500 fraudulent connections on a daily basis, officials said on Monday. The portal, launched last year, is the government’s primary tool to protect mobile phone users from frauds. Sanchar Saathi detects fraudulent connections and triggers re-verification. Failing … Read more
[ad_1] The Reserve Bank of India’s (RBI’s) recent clampdown on Paytm Payments Bank has put KYC (Know Your Customer) procedures in the spotlight. If you find these procedures time-consuming and repetitive, and are irritated by demands from various financial institutions to complete these procedures repeatedly, this explainer will help you realise why it is … Read more
[ad_1] Around 90 per cent of Paytm UPI app users have their accounts linked with other banks, according to data available with banking industry sources. The data, reviewed by Business Standard, further shows that while Paytm UPI app has approximately 90 million users, some 75 million of them have also installed other UPI apps. … Read more