Currently, users receive notifications before auto-debits. Under the new system, the process may change slightly ...

Mastercard intends to do away with the 16-digit number on their credit and debit cards and replace them with on-device ...

The banking regulator stated that the provision would provide an additional layer of security in cases where the overseas ...

This feature adds an extra layer of protection in online and card-not-present transactions by preventing the physical card's information from being exposed by a data breach. CNBC Select explains ...

The Reserve Bank of India has decided to add an additional layer of security for customers who use their cards to make online ...

In a bid to tighten security for online payments, RBI has extended Additional Factor of Authentication (AFA) to global transactions.

As announced in Statement on Developmental and Regulatory Policies dated February 07, 2025, Reserve Bank of India today placed on its website draft directions on Additional Factor of Authentication ...

The Reserve Bank of India (RBI) has announced introduction of additional factor of authentication for international ...