Sunday, August 4, 2024

Govt offers tech aid to account aggregators facing fraud deluge

The account aggregator (AA) ecosystem is facing the threat of cybercriminals, with fraudsters gaming their systems to access customer data and details of their bank accounts. Some of the large account aggregators like Perfios, Finvu, Cams Finserv, and NeSL Asset Data Limited have shut down certain features like balance enquiries and details of the customer profile on their consumer-facing applications.

from Tech-Economic Times
via IFTTT

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