An Analytical Study of UPI Fraud Detection in Online Transactions in India
The CBI identified more than 8.5 lakh mule accounts used in cyber fraud.
UPI
Product · IN · 6 documents
Key number
over $300 billion
Estimated MSME credit gap. Journal of Advances in Developmental Research p.1
Key number
850 ms
Average Transaction Processing Time. Journal of Research in Science Computing and Engineering p.4
Key number
18,585 crore transactions
UPI Transaction Volume (FY2024-25). INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT p.5
NPCI Gateway Integration for Enhanced Fraud Prevention in Digital Transactions
The platform achieved a fraud class precision of 94.2% using a hybrid machine learning approach with Random Forest and Isolation Forest classifiers.
Digital Financial Services and the Future of Banking: A Comparative Analysis of Online Banking, Mobile Payments and Virtual Wallets
UPI transaction volume grew continuously over five years from 2,233 crore transactions in FY2020-21 to 18,585 crore transactions in FY2024-25.
Consumer Behaviour on Financial Technology Adaptation: A Study on Increasing India's GDP
Every 1% increase in gross digital transaction value (GDV) makes a positive contribution of about 0.14% to India's real GDP growth rate.
Transforming the MSME Landscape: An Empirical Analysis of Fintech Innovations
The Indian MSME sector contributes approximately 30% of India's Gross Domestic Product (GDP), 45% of manufacturing output, and over 40% of total exports.
The Impact of Central Bank Digital Currency on Payments Competition
Over 90 percent of surveyed central banks are engaged in some form of CBDC work, with more than half involved in experiments or pilot projects.