Results for "fraud"
4 articles found
India’s UPI Voice Payments Under Attack: AI Deepfakes Threaten Fintech Security
Voice‑powered UPI payments now face a new menace: AI‑generated deepfake audio can mimic bank IVRs, tricking users into sending money to fraudsters. Fintechs must add real‑time deepfake detection.
Hybrid edge‑cloud AI drives India’s real‑time payment revolution.
India’s fintech race now pits edge AI against cloud models, demanding instant fraud checks while keeping data onshore. A hybrid, data‑trust platform could become the new standard for secure, lightning‑fast payments.
RBI’s new UPI fee forces AI fraud tools to shield small merchants
RBI’s new 0.4% merchant‑discount‑rate on UPI transactions above ₹2,000 forces small sellers to juggle rising costs and evolving AI‑driven fraud defenses, threatening their survival in India’s digital economy.
Apple's App Store Review Process Questioned After $1.8 Million Cryptocurrency Scam
A lawsuit against Apple challenges the company's App Store safety claims after three users lost over $1.8 million to a fraudulent crypto wallet app.