Airtel Unveils AI-Powered System Designed to Warn Users About OTP-Related Bank Frauds
Airtel has unveiled a new Fraud Alert system to warn users about potential bank-related one-time passwords (OTP) scams, the telecom service provider (TSP) announced. The system will leverage AI to detect potentially risky incoming calls after an OTP has been received. The TSP will then send alerts to users, intervening and warning subscribers. This comes soon after the Supreme Court stated during a hearing that Indians have lost more than Rs. 54,000 crore to digital arrest scams, during which a bad actor coerces victims to share their banking information and OTPs.
