The Face of Digital Frauds in Digital Banking Scenario - A Literature Based Study

The evaluation of technology based banking in this sphere of all banking activities from deposit to facilitation services have fetched all the category of customer to associate any form of digital services either as mandatory or a social status. Today in Indian banking industry has single to digital multi services offered to customers irrespective of the banking system, but at the same time, the velocity of digital frauds spread across the various services either by poor attention of bankers or by fraudulent. This study takes the opportunity to completely relook the parallel movement of digital banking services and related digital frauds through available literature survey. This study is descriptive and historical in nature in which existing literatures are reviewed and described.