Ex-Banker Ravikiran M.A on the Future of Banking & Fraud Prevention | MoneyPetrol скачать в хорошем качестве

Ex-Banker Ravikiran M.A on the Future of Banking & Fraud Prevention | MoneyPetrol

As digital banking and online transactions evolve, traditional OTP (one-time password) authentication is gradually being phased out in favor of more secure, AI-driven methods. In this exclusive conversation, ex-banker Ravikiran M.A shares his insights on the evolving world of banking, finance, and personal wealth management. Drawing from years of experience in the financial sector, he discusses the challenges faced by modern banks, strategies for risk management, and how technology is transforming the industry. Watch till the end for expert advice on protecting your personal information and staying ahead of fraud. Timestamps - 00:00 – Introduction & Central Bank’s Mandate to Phase Out OTPs 🎤 Overview of the move from OTPs to more secure authentication methods 01:45 – Historical Context & Current OTP Usage Volumes 📊 Trends in OTP adoption and the reasons behind the transition 03:30 – Understanding the Three Factors of Authentication 🔐 Explaining knowledge, possession, and inherence factors in security 05:15 – Common Fraud Tactics: Smishing & Social Engineering 🕵️‍♂️ How attackers exploit OTPs and social manipulation to commit fraud 07:30 – Transitioning to Secure App-Based Notifications & Biometrics 📱 The future of authentication using apps, biometrics, and advanced security 09:15 – Implementing Risk-Based Authentication & the Role of AI 🤖 How AI helps detect anomalies and improve authentication security 11:00 – Real-World Fraud Examples & Legal Consequences ⚖️ Case studies highlighting the impact of cyber fraud and regulations 14:00 – Navigating Customer Adaptation & Resistance to Change 🧭 Strategies to encourage user adoption of new secure authentication methods 15:30 – The Ever-Evolving Cyber Security Landscape 🌐 Understanding global trends and the need for continuous updates in security 17:00 – Cost Implications for Customers & Global Tech Leadership 💰 Exploring how security transitions affect users and industry innovation 18:30 – Utilizing AI & Data Analytics for Transaction Security 📊 Leveraging AI to analyze risks and prevent unauthorized transactions 20:00 – Final Expert Advice on Personal Information Security 🛡️ Key takeaways and best practices to protect personal and financial data 👍 Like 💬 Comment your biggest takeaway 🔔 Subscribe for more founder stories on Money Petrol 🌐 Find us on other platforms: Instagram:   / moneypetrol   Facebook:   / moneypetrol     / moneypetrol   Twitter / X: https://x.com/moneypetroluae Website: https://www.moneypetrol.com 📢 For Business & Interview Enquiries: ✉️ contact@moneypetrol.com #MoneyPetrol #BankingInsights #FinancePodcast #ExBanker #RavikiranMA #BankingIndustry #DigitalBanking #FinancialLiteracy #MoneyTalks #WealthManagement #CyberSecurity #RiskManagement #FinTechTrends #PersonalFinance #EconomicInsights #BusinessPodcast #FinanceExperts #MoneyMatters #BankingCareers #financialeducation ----------------------------------------------------------- MoneyPetrol podcast MoneyPetrol broadcast MoneyPetrol finance show Ex banker Ravikiran MA Ravikiran MA interview Ravikiran MA banking insights Indian banking expert interview Banking industry discussion Finance podcast India Banking podcast Financial education podcast Career in banking Banking professional advice Banking sector insights Modern banking challenges Digital banking trends Fintech and banking Cyber security in banking OTP fraud banking Bank fraud prevention Personal finance insights Wealth management discussion Risk management banking Financial literacy India Money management tips Banking transformation AI in banking Customer data security Financial systems explained Business and finance podcast Banking expert podcast Indian finance expert talk Former banker insights Banking fraud awareness Digital payments security Secure banking practices Financial risk analysis Banking regulations explained Central bank policies Authentication security banking OTP alternatives in banking AI fraud detection banking Data privacy in finance Customer trust in banks Banking compliance discussion Financial technology trends Future of banking India Smart banking systems Financial safety tips