Articles for Bank Customers

The 12 scams of Christmas to watch out for: From sites selling fake cashmere, knock-off beauty advent calendars and Cadbury 'free gift' cons
5 days, 3 hours ago

The 12 scams of Christmas to watch out for: From sites selling fake cashmere, knock-off beauty advent calendars and Cadbury 'free gift' cons

Daily Mail  

* Have you lost money in a scam? Phone call from 'bank's fraud team' requesting a code A former BBC journalist revealed how she felt 'pretty embarrassed' after falling for a telephone scam which left hackers emptying her bank accounts. Ms Dewhurst said then said that got a phone call from who she thought was her bank's fraud team, but …

Social Media Social Christmas Fraud Money Scams Gift
Chase Customers Face Huge Debt After Viral Check Fraud Scheme
1 month, 3 weeks ago

Chase Customers Face Huge Debt After Viral Check Fraud Scheme

CNN  

Chase Bank is suing four customers who allegedly owe the bank nearly $662,000 in fraudulent check withdrawals. The bank claims that the defendants violated their deposit agreement by withdrawing more than the usual amount of their checks before they cleared. The defendants have so far failed to pay the alleged overdraft amount and legal fees, which Chase is demanding they …

Law Crime Financial Fraud Bankruptcy Houston
Bank of America glitch that stressed customers coast-to-coast is resolved
2 months, 3 weeks ago

Bank of America glitch that stressed customers coast-to-coast is resolved

LA Times  

The Bank of America logo is seen on a branch office. On Wednesday, customers on social media reported having trouble logging into their accounts and receiving error messages that their accounts could not be retrieved. A glitch with Bank of America’s mobile and online services on Wednesday prevented thousands of customers from accessing their accounts or discovering they had a …

Social Media Bank America Issue Customers Accounts Bank Of America
Major bank raises alarm bell on cyber 'warfare': Claims 'entire community is at risk'
5 months, 3 weeks ago

Major bank raises alarm bell on cyber 'warfare': Claims 'entire community is at risk'

ABC  

Australia's big four banks are under constant attack, says the National Australia Bank's executive for group investigations, Chris Sheehan. Australia's big four banks, it has been revealed, are being bombarded by cyber attacks every minute of every day, leaving customers increasingly vulnerable to scams. "From, being colloquial, Larry the loser, in the basement at home that's having a bit of …

Scams Bank Banks Attacks Cyber Customers Sheehan
Bunq has not offered compensation to all victims, lawyer says
6 months ago

Bunq has not offered compensation to all victims, lawyer says

NL Times  

Online bank Bunq has not yet offered compensation to all customers who have fallen victim to phishing or helpdesk fraud. This is what lawyer Chizki Loonstein says, who may start a lawsuit against the online bank with lawyers on behalf of dozens of victims. Dozens of affected customers lost up to 200,000 euros within minutes due to a combination of …

Bank Lawyers Customers Loonstein Bunq Victims Lawyer
Axis Bank credit card users impacted by fraudulent transactions: How did it happen? How many are impacted?
8 months, 3 weeks ago

Axis Bank credit card users impacted by fraudulent transactions: How did it happen? How many are impacted?

Hindustan Times  

Multiple Axis Bank credit cards' customers have been impacted by fraudulent overseas transactions, a senior official from the third largest private sector lender said. Customers witnessed unauthorised transactions where they received transaction alerts on certain low-value purchases being carried out at some e-commerce sites, Sanjeev Moghe, head of cards and payments at Axis Bank said. The official said that the …

Bank Official Card Axis Fraudulent Transactions Impacted Customers Data
Paytm Payments Bank Chairman Vijay Shekhar Sharma quits
9 months, 4 weeks ago

Paytm Payments Bank Chairman Vijay Shekhar Sharma quits

India Today  

Paytm founder Vijay Shekhar Sharma on Monday resigned as Paytm Payments Bank Chairman ahead of March 15 deadline set by the Reserve Bank of India to accept further credits into its customer accounts. Vijay Shekhar Sharma was the part-time non-executive Chairman of Paytm Payments Bank Limited. The announcement comes weeks after RBI barred Paytm Payments Bank from receiving deposits and …

Payments Bank Rbi Paytm Vijay Shekhar Sharma Vijay Shekhar Paytm Payments Bank Ppbl
Can you continue to use Paytm FASTag for toll payments? Check RBI FAQs for customers
10 months ago

Can you continue to use Paytm FASTag for toll payments? Check RBI FAQs for customers

India TV News  

The Indian Highways Management Company Ltd, responsible for toll collection on highways, has advised travellers to purchase FASTags from 32 authorised banks, excluding Paytm Payments Bank for seamless travel. As of March 15, 2024, FASTags issued by Paytm Payments Bank will no longer support top-up or recharge functionalities. Furthermore, the RBI assures that PPBL customers can withdraw or utilise their …

Payments Bank Rbi Paytm Toll Fastag Toll Payments
Gold ornaments worth ₹4 crore go missing from SBI’s Gara branch in Srikakulam district of Andhra Pradesh
1 year ago

Gold ornaments worth ₹4 crore go missing from SBI’s Gara branch in Srikakulam district of Andhra Pradesh

The Hindu  

Regional Manager of the State Bank of India here T.R.M. Raju has lodged a complaint with the Gara police that jewellery worth ₹4.07 crore is missing from the bank’s Gara branch, and has sought their help in its recovery. As per information provided by the police and bank officials, service manager Swapna Priya had allegedly stolen 89 bags containing gold …

Bank Gold Ornaments Gara Swapna Priya
Bank staff’s first duty to meet needs of customers, not targets: RBI deputy gov
1 year, 2 months ago

Bank staff’s first duty to meet needs of customers, not targets: RBI deputy gov

Live Mint  

Mumbai: Banks must ensure their employees understand that the primary responsibility is to serve a customers’ financial needs, while maintaining a focus on targets, said Swaminathan J, deputy governor, Reserve Bank of India. “Being commercial entities, there’s nothing wrong in being target-driven, but regulated entities must ensure employees understand their primary responsibility is to serve customers’ financial needs.” There should …

Bank Banks Customer Swaminathan
Jana Small Finance Bank Refiles DRHP With SEBI For IPO Worth Rs 575 Crore
1 year, 4 months ago

Jana Small Finance Bank Refiles DRHP With SEBI For IPO Worth Rs 575 Crore

ABP News  

Jana Small Finance Bank has reapplied to launch its initial public offering with the Securities Exchange Board of India on Sunday. The shareholders offering their shares via the OFS are Client Rosehill Ltd, CVCIGP II Employee Rosehill Ltd, Global Impact Funds, S.C.A., SICAR, Sub-Fund Global Financial Inclusion Fund, Growth Partnership II Ajay Tandon Co-Investment Trust, Growth Partnership II Siva Shankar …

Bank Sebi Ipo Small Finance Drhp
Suryoday Small Finance Bank hikes interest rate on fixed deposits for senior citizens
1 year, 7 months ago

Suryoday Small Finance Bank hikes interest rate on fixed deposits for senior citizens

Firstpost  

In a great piece of news for senior citizen depositors, the Suryoday Small Finance Bank has revised the interest rates for fixed deposits from 4.5% to as high as 9.6%. Suryoday Bank : Revised FD interest rates - In the case of 1-year FDs, the bank is offering an interest of 6.85% to general customers and an interest of 7.35% …

General Bank Case Interest Senior Citizens Rate Citizens
Banks are paying savers again after many years of low rates
1 year, 7 months ago

Banks are paying savers again after many years of low rates

Associated Press  

NEW YORK — Americans are finally reaping some benefit from keeping their money in the bank. That has prompted banks to pay higher interest on traditional savings products like money market funds, certificates of deposit and regular savings accounts. In a sign of how competitive it is getting for bank deposits, electronics giant Apple Inc. unveiled a savings account that …

Market Savings Bank Banks Low Paying Accounts
Banks are paying savers again after many years of low rates
1 year, 7 months ago

Banks are paying savers again after many years of low rates

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. That has prompted banks to pay higher interest on …

Market Savings Bank Sign Banks Low Accounts
Column: Love it or hate it, the Silicon Valley Bank bailout won’t cost taxpayers a cent
1 year, 8 months ago

Column: Love it or hate it, the Silicon Valley Bank bailout won’t cost taxpayers a cent

LA Times  

The collapse of Silicon Valley Bank raised questions anew about how and whether to bail out failed financial institutions. As investment manager and financial commentator Barry Ritholtz observed in his 2009 book “Bailout Nation,” the proper solution to the banking crisis was obvious: “Put the insolvent banks into FDIC receivership, fire management. “First,” he wrote, “there is something inherently unjust …

Financial Banking Costs Bank Treasury Silicon Valley Crisis
Good News for SBV customers! First Citizens to acquire troubled Silicon Valley Bank
1 year, 8 months ago

Good News for SBV customers! First Citizens to acquire troubled Silicon Valley Bank

India TV News  

SBV Crisis: North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world. Shares in mid-sized San Francisco-based First Republic Bank, which serves a similar clientele as Silicon Valley Bank and had appeared to be facing a similar crisis, surged 24.3% in …

Bank Billion Citizens Valley Shares Silicon Fdic
Credit Suisse customers feel mix of anger, relief after sale
1 year, 9 months ago

Credit Suisse customers feel mix of anger, relief after sale

Associated Press  

GENEVA — Fury at top Credit Suisse managers. On Swiss streets, emotions were running the gamut among Credit Suisse customers after the government this weekend orchestrated a takeover of the country’s second-largest bank by rival UBS — a bid to prevent further upheaval in the global financial system that began with the collapse of two U.S. banks. “My money is …

Geneva Credit Money Bank Switzerland Ubs Swiss
HDFC Bank to double network in 3-5 yrs, to open up to 2,000 branches per year
2 years, 6 months ago

HDFC Bank to double network in 3-5 yrs, to open up to 2,000 branches per year

Live Mint  

HDFC Bank MD and CEO, Sashidhar Jagdishan said the proposed merger with HDFC is an opportunity that the bank cannot afford to miss. Talking about the merger with HDFC, the HDFC Bank CEO said, "We look forward to the phenomenal set of talent, deep product knowledge and expertise, the processes, and systems that HDFC Ltd will add to the Bank’s …

Bank Loans Home Loans Hdfc Bank Hdfc Customers Customer
HDFC Bank Customers Alert! If you Do This, You Will Lose Money to Fraudsters; Know Here
2 years, 6 months ago

HDFC Bank Customers Alert! If you Do This, You Will Lose Money to Fraudsters; Know Here

News 18  

HDFC Bank Update: The HDFC Bank has shared an important update related to PAN with customers of the lender. “#GoDigitalGoSecure and never click on unknown links asking you to update your PAN card details,” the HDFC Bank, India’s largest private sector lender, said in a tweet recently. The lender issued this warning as scammers often try to make people fall …

Hdfc Bank Sms Pan Hdfc Customers Hdfcb Bank Customers
SBI alert: EMIs for State Bank of India customers to go up | Top points
2 years, 8 months ago

SBI alert: EMIs for State Bank of India customers to go up | Top points

India Today  

State Bank of India has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures. An overnight, one-month and three-month MCLR rose by 10 bps to 6.75 per cent, whereas a six-month MCLR increased to 7.05 per cent. At the same time, two-year MCLR increased by 0.1 per cent to …

India Bank Loans Cent Rate Linked Sbi
RBI warns bank customers, issues 5-point must-follow advice
2 years, 9 months ago

RBI warns bank customers, issues 5-point must-follow advice

India Today  

The Reserve Bank of India has warned people over a spurt in digital fraud in recent times and asked customers to never share confidential banking information like OTP and CVV, and observe cyber hygiene practices. USER NAME, PASSWORD, CVV, OTP The RBI said "sharing of confidential information by the customers, knowingly or unknowingly, is one of the major causes leading …

Public Password Pin Otp Cvv Bank Customers Rbi Warns
Bitcoin at the Bank: Mainstream lenders dabble in crypto outside the US
2 years, 11 months ago

Bitcoin at the Bank: Mainstream lenders dabble in crypto outside the US

Live Mint  

Mainstream banks outside the U.S. are sampling cryptocurrencies, offering customers ways to invest and store bitcoin and other digital assets. Banco Bilbao Vizcaya Argentaria SA—Spain’s second-largest lender by assets, with operations in Latin America and Turkey—allows customers to hold, buy and sell bitcoin and ether through a digital account. Traditional banks have resisted offering retail customers anything other than assets …

Crypto Assets Digital Commonwealth Cryptocurrencies Banks Digital Assets
Apple Days sale brings iPhone 13 at Rs 61,900, cashback of up to Rs 10,000 on Macs, and other iPhones
3 years ago

Apple Days sale brings iPhone 13 at Rs 61,900, cashback of up to Rs 10,000 on Macs, and other iPhones

India Today  

If you have been waiting for discounts on Apple products, then the Apple Days offers on Vijay Sales could be the right time before the year ends. During the Apple Days sale, the iPhone 13 mini is available at as low as Rs 60,400. iPhone 13 Pro starts from Rs 1,08,900; iPhone 13 Pro Max starts from Rs 1,18,400; iPhone …

Sale Apple Price Hdfc Bank Pro Offer Available
Flipkart Big Billion Days 2021: Best Deals On Smart TVs During Flipkart Flagship Sale
3 years, 2 months ago

Flipkart Big Billion Days 2021: Best Deals On Smart TVs During Flipkart Flagship Sale

News 18  

Its that time of the year. Here also, buyers will be able to avail 5 percent unlimited cashback on Flipkart Axis Bank Credit Card, 10 percent off on Bank of Baroda Mastercard debit card first time transactions, and 10 percent off on first time ICICI Bank Mastercard credit card transactions. Buyers of the Hisense A71F 126 cm Ultra HD LED …

Credit Sale Samsung Bank Sony Card Billion