Tag Archives: online banking

BHIM App — How to Send & Receive Money with UPI

After the lack of supply of cash in India following its Prime Minister step to remove high-denomination banknotes from circulation in November 2016, the country is moving a step closer towards becoming a cashless economy with the launch of Unified Payment Interface (UPI).

Unified Payment Interface (UPI) allows all bank account holders to pay money from their smartphones, both online and

Tesco Bank Hacked — Cyber Fraudsters Stole Money From 20,000 Accounts

Almost 20,000 Tesco Bank customers have had their money stolen from their accounts after the banking arm of UK’s biggest retailer fall victim to a hacking attack this weekend.

As a result of the hack, Tesco Bank has frozen online transactions in an attempt to protect its customers from, what it described as, the “online criminal activity.”

However, customers can still use their debit and