The numbers speak for themselves. In just a year, the Banking Mohtasib Pakistan has had to intervene in 27,753 cases of fraud and bank-related grievances — providing a staggering Rs1.65 billion in relief to affected customers in 2024. That figure not only eclipses the Rs1.26 billion dispensed in 2023 but also shines a spotlight on the alarming rise in digital fraud across the country.

While the surge in mobile and digital banking applications has........

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