Digital Banking Awareness Archive
Freezing/ Lien Marking of Accounts by Banks-Complaints Registered in NCCRP
![Freezing, lien marking, account, NCCRP, LEA, digital banking, fraud, sections, Criminal Procedure Code, high court , Kerala, controversy](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2023/04/Freezing-lien-marking-account-2.jpg?resize=275%2C183&ssl=1)
Account freezing/lien marking by banks based on the directions, issued by the LEAs on complaints in NCCRP has become controversial in Kerala. This article analyses various aspects of the matter.
National Cyber Crime Reporting Portal (NCCRP) and Digital Banking
![NCCRP, National Cyber Crime Reporting Portal, digital banking, financial fraud, freeze, lien marking, account, transaction, bank](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2023/04/NCCRP-National-Cyber-Crime-Reporting-Portal-1.jpg?resize=95%2C95&ssl=1)
National Cyber Crime Reporting Portal (NCCRP) is a web portal facilitating Indian citizens to report cyber crimes. The portal has provisions for reporting various types of cyber crimes falling under two categories, (a) crimes against children and women and
Positive Pay System for CTS and Banks
![Positive Pay System for CTS, Cheque Truncation System ,CTS, cheque, fraud, Rs. 50,000, drawer, drawee, issuer, beneficiary, data, cross verification, drawee bank, presenter bank, image of cheque, clearing, NPCI, mandatory](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2020/10/Positive-Pay-System-for-CTS-Cheque-Truncation-System-CTS-cheque-fraud-3-1.jpg?resize=450%2C200&ssl=1)
Positive Pay System for Cheque Truncation System (CTS) is the concept muted by Reserve Bank of India, banking regulator, to make cheque based transactions safer by minimising frauds. The plan to introduce Positive Pay System for Cheque
FedSwagat–Digital appointment booking channel to visit Federal Bank
![FedSwagat, booking platform, appointment, Federal Bank, banking transactions, digital channel, online, digital banking products, time slot,](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2020/06/FedSwagat-booking-platform-appointment-Federal-Bank-1.jpg?resize=450%2C200&ssl=1)
FedSwagat is an innovative appointment booking channel launched for visitors by the Federal Bank Ltd. The bank, which is one of the major commercial sector banks in India, has always been in the forefront in adopting technology,
21 Jun 20
CategoryBanking News, Banking Products & Schemes, Digital Banking Awareness
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Digital Channel Enablers for Payments and Settlements
![Digital Channel enablers, Digital Channel, digital banking, payments and settlement, cash payment, mobile phone, internet, credit card, debit card, Aadhaar, eKYC, Rupay card, banking habit, EMV chip, digital India, digital revolution, banks, transactions, cash, BSBDA, smartphone,](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2020/04/Digital-Channel-enablers-1.jpg?resize=450%2C200&ssl=1)
Digital channel enablers worked miracles in India and succeeded in making digital banking transactions the first choice for payments and settlements. Competition among banks to delight customers through better banking experience popularised the digital channels and digital
Digital Channels for Payments & Settlements
![Digital channel, digital banking, payments, settlements, India, RBI, Currency in Circulation, CIC, Gross Domestic Product, GDP, Worldpay, transactions, cash, ATM, withdrawals, notes in circulation, NIC](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2020/04/Digital-channel-1.jpg?resize=450%2C200&ssl=1)
Digital channels and Digital banking have transformed banking and investments across the globe. Indian banking system too has embraced digital channels for payments and settlements. In fact digital revolution has taken the country by storm. Like in
Cyber Risks, Cyber Insurance And Banks
![Cyber insurance, cyber-attack, Cyber risk, technology boom, digital banking, SWIFT, GDPR, privacy, analytics, artificial intelligence, manipulation, data , information, asset](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2019/03/Cyber-insurance-cyber-attack-Cyber-risk-technology-boom-digital-banking.jpg?resize=275%2C183&ssl=1)
Cyber risk and cyber insurance are byproducts of advancement in technology and digital banking. In recent times, dependency on technology has gone up and as a result data and information have become the most valuable assets. Unscrupulous
Digital Banking: Opportunities and Challenges
![Digital banking, challenge, opportunity, alternate channel, customer preference, comfort, convenience, profitability, secure technology, cyberattack,](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2018/10/Digital-banking-challenge-opportunity-alternate-channel.jpg?resize=276%2C183&ssl=1)
Digital Banking, over a period has revolutionized banking and has moved beyond internet banking. Digital Banking today enables a bank to have a 360 degree interaction with the customer. Technology has played a pivotal role in this
First Cryptocurrency Kiosk in India installed by Unicoin
![Unicoin, cryptocurrency, Unodax, first, ATM, kiosk, India, NCR, bitcoin, ethereum, ripple, litecoin, legal tender, sell, buy, transact, exchange](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2018/10/Unicoin-cryptocurrency-Unodax-first-ATM-kiosk-India-NCR-bitcoin-ethereum-ripple.jpg?resize=284%2C177&ssl=1)
Cryptocurrency exchange Unocoin has installed the first cryptocurrency kiosk in India to enable Indians to buy and sell cryptocurrencies including bitcoins. The kiosk has been unveiled in Kemp Fort Mall in Bengaluru. M/s Unocoin Technologies Pvt Ltd
Bitcoin – Recent Trends
![Bitcoin, cryptocurrency, digital currency, cryptography, central bank, intrinsic value, speculation, correction](https://i0.wp.com/www.celebratebanking.com/blog/wp-content/uploads/2018/04/Bitcoin-cryptocurrency-digital-currency-1.jpg?resize=401%2C125&ssl=1)
Bitcoin has been attracting headline for sometimes now. There have been advocates and opponents for the bitcoin. The value of bitcoin has seen both fast upward moves and dangerous downfall, in the recent past. What is
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