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Highlights Reversal on failed UPI transaction. Year end closing transaction failures. New Delhi: On April 1, the Financial Year end closing had led to some UPI and IMPS transaction failures at few banks. The National Payments Corporation of India in a tweet said that it had have observed that most of these bank systems are back to normal since the evening of April 1 while customers may avail uninterrupted IMPS and UPI services. The Financial year end closing had led to some UPI and IMPS transaction failures at few banks. We have observed that most of these bank systems are back to normal sinc...

iAfrica Image: Pexels Share with your network! As we hit the holiday season, it is important to empower yourself to not fall victim to Card Not Present (CNP) fraud, which occurs when neither the card nor the cardholder is present whilst a fraudulent transaction is being conducted. Earlier this year, SABRIC reported that in 2019 Card Not Present (CNP) fraud amounted to 62% of gross fraud losses on South African issued credit cards, and with a debit card amounted to 46.9%. Trish Ramdhani, Head of Fraud at FNB Card s...