Tuesday 27 August 2019

6-12 hour gap between ATM withdrawals?

The Delhi State-Level Bankers' Committee (SLBC) suggested measures to prevent rising ATM frauds at a bankers' meet. It suggested a time lag of six to 12 hours between two transactions. Bankers suggested including a one-time password-linked withdrawals to alert account holders in case of an unauthorised withdrawal as well as having a centralised ATM monitoring system.

from Times of India https://ift.tt/2NyqUiU
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