Police, bankers discuss online transaction frauds

Excelsior Correspondent
KATHUA, Sept 4: In a meeting here today bankers and police officers discussed the online transaction frauds in the district.
The meeting was chaired by SP Kathua, Shridhar Patil while Nasir Ahmed, Additional SP Kathua, Bank Managers of J&K Bank, Punjab National Bank, JCC Bank, Oriental Bank of Commerce, UCO Bank, Bank of India, Bank of Baroda, Axis Bank, Punjab and Sindh Bank, Union Bank, HDFC Bank and Syndicate Bank were also present there.
Speakers in the meeting discussed various issues related to modus operandi of bank and online frauds.
Suggestions were given to prevent online fraud in e-banking, Paytm system, mobile apps etc.
It was decided to train ATM guards and to start targeted public awareness campaigns and to prepare a reporting mechanism by fastest means available 24X7 so that the bank account of the aggrieved person is freezed within minimum possible time.
The Bank Managers assured that they will coordinate Police during investigation of bank fraud cases.