Google to label verified investment apps in India amid scam crackdown

Sebi flags rise in fraudulent trading apps siphoning investor money

Sebi has partnered with Google Play to introduce a verified app label to protect investors from a surge in fraudulent trading platforms that mimic legitimate intermediaries.

SEBI, Google roll out ‘verified’ badge for investment apps to curb fraud

SEBI and Google introduce a ‘verified’ badge for investment apps to protect investors from digital fraud and scams.

Google to label verified investment apps in India amid regulatory crackdown on fraud

Google will now label verified investment apps on its Indian app store. This move aims to help users identify genuine trading platforms and prevent financial fraud. Only brokers and intermediaries registered with SEBI will receive this verified badge. This initiative is a response to the recent rise in online financial scams.

Google to label verified investment apps in India amid scam crackdown

Alphabet's Google ‌will label verified investment apps on its app ​store in ​India, a move aimed at ⁠helping users spot ​legitimate trading platforms ​and avoid scams, a senior official at the country's ​markets regulator Securities ​and Exchange Board of India ‌said ⁠on Wednesday.

Google to Label Verified Investment Apps in India to Combat Fraud

Google will introduce verified labels for investment apps on its app store in India, aiming to help users identify legitimate platforms and avoid scams. The move comes in collaboration with the Securities and Exchange Board of India (SEBI), which will allow only registered brokers and intermediaries to receive the verification badge. This initiative is designed to make it easier for users to distinguish genuine financial services from fraudulent…

A Deterrent for CFD Brokers? Google Puts “Verified” Badge on India-Regulated Trading Apps

The Indian securities market regulator has partnered with Google to put a “verified” badge on locally regulated trading apps available on the Indian Play Store. Although the regulator said that the label will also be extended to apps of other regulated intermediaries, it remains unclear whether offshore-regulated contracts for differences (CFDs) brokers will be able to receive it.How Will the “Verified” Badge Impact CFD Apps?CFD brokers are not …