UPI fraud News

NPCI's Bold Move: Ending UPI P2P Collect Requests to Combat Rising Financial Fraud from October 2025

NPCI mandates an end to UPI P2P collect requests by October 2025 to combat fraud, shifting to payer-initiated transactions for enhanced security and user control.

NPCI and Banks Collaborate on AI-Driven Initiative to Combat UPI Fraud in India

The National Payments Corporation of India (NPCI) and banks are testing a 'federated model' using AI to combat UPI fraud, following a record 18.3 billion transactions in March. Lea...