Kotak Barred from Adding Online Clients, Issuing Credit Cards

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Scroll.in—RBI bans Kotak Mahindra Bank from adding new customers through online banking, issuing credit cards. The central bank said it had found deficiencies in the private bank’s information technology system.

International Business Times UK—People are Using Stolen Credit Cards to Rent Equipment From Home Depot And Sell Them Online. Home Depot, the popular home improvement store, is facing a severe issue with its rental department. Recent reports suggest that the store has fallen prey to several theft schemes, resulting in a loss of over $400,000. These allegations first surfaced through Court Watch, raising concerns about the store's security measures.Earlier this month, prosecutors in Oregon charged a group of seven defendants, accusing them of conspiring in a plot to steal hefty machinery from Home Depot.The scheme...

KTVZ—Do business credit cards affect your personal credit score?. Ramp explains why it's important to keep your business credit card activity separate from your personal credit.