Bank OTP frauds on the rise: Here's what govt is doing to tackle it
The govt is currently testing a system that will allow banks to securely track a customer's registered address and geolocation to ensure the secure delivery of OTPs
![Bank OTP frauds on the rise: Here's what govt is doing to tackle it](https://bsmedia.business-standard.com/_media/bs/img/article/2024-03/26/thumb/featurecrop/400X400/1711436021-409.jpg)
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The govt is currently testing a system that will allow banks to securely track a customer's registered address and geolocation to ensure the secure delivery of OTPs