What findings did the Future Crime Research Foundation report highlight about financial fraud in India?

Home » NEWS » What findings did the Future Crime Research Foundation report highlight about financial fraud in India?

What findings did the Future Crime Research Foundation report highlight about financial fraud in India?

The Future Crime Research Foundation revealed that digital payment frauds have become more sophisticated, targeting users with minimal tech literacy. UPI scams account for a growing percentage of these incidents, often involving phishing or fake payment requests. Fraudsters exploit gaps in user understanding to execute transactions.

The report emphasizes the need for collaborative efforts between banks, TPAPs, and regulators to enhance security measures. It also highlights the importance of raising awareness about reporting mechanisms and fraud prevention techniques. The findings underscore the urgency of proactive steps to ensure user confidence in India’s digital payment systems.

Download Our App here
Share this post :

Recent News

UPI to Get Smarter: Soon Your Devices Can Make Payments on Their Own
July 8, 2025
Digital Payments See Slight Dip in June After Record Highs in May
July 3, 2025
Govt & UPI Apps Team Up to Boost Real-Time Security on Digital Payments
June 27, 2025
RuPay Now Handles 16% of Credit Card Spends, Half via UPI: NPCI
June 23, 2025