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Google Pay users in US can now transfer money to India, Singapore


Google Pay users in US can now transfer money to India, Singapore
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Google s foray in the $470 billion remittance market, marks a further step by the technology company to expand its financial services offering, ramping up competition in the digital payments sector
2 min read
Anna Irrera
, Reuters
Google Pay users in US can now transfer money to app customers in India and Singapore, with plans to expand to the 80 countries available via Wise, and 200 via Western Union by end of the year
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London: Alphabet Inc s Google has launched international money transfer partnerships with remittances firms Wise and Western Union Co for users of its U.S. payments app, the companies said on Tuesday. ....

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Cyber security critical for digital banking success: SBI official


Cyber security critical for digital banking success: SBI official
Digital banking or figital is here to stay and is the future but it is equally important to safeguard the interests of all stakeholders, State Bank of India (SBI) Deputy Managing Director and Chief Digital Officer Ravindra Pandey said at a webinar.
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Cyber security is critical for the success of digital banking and banks should create the infrastructure to win customers trust for all such transactions,
a senior SBI official said on Wednesday.
Digital banking or figital is here to stay, and is the future but it is equally important to safeguard the interests of all stakeholders, State Bank of India (SBI) Deputy Managing Director and Chief Digital Officer ....

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Your digital transactions to be more secured, govt to tighten noose around tele financial frauds and pesky calls


Feb 16, 2021, 14:25 PM IST
New Delhi: In a bid to crack down on tele financial frauds and pesky calls, Union Minister for Electronics & Information Technology, Communications and Law & Justice, Ravi Shankar Prasad chaired a high level meeting.
The objective of the government is to address the rising concern and irritation of consumers over Unsolicited Messages on mobile phones, repeated harassment through SMS, promising fraudulent loan transactions and above all make digital transaction safe and secure.
In the meeting, Minister of Communication directed the officials to take strict action against erring telemarketers and individuals involved in harassment of telecom subscribers. The method of harassment includes unsolicited commercial messages or calls. Further, the Minster observed that telecom resources are also being used to carry out financial frauds and dupe the common man of his hard-earned money.Clear directions were issued to the officials to take strict and ta ....

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