"Frauds involving digital transactions accounted for more than half of all reported bank fraud in 2024 - 13,516 cases resulting in losses of ₹5.2 billion (about $58.61 million), according to the Reserve Bank of India (RBI). Online scams caused an estimated ₹70 billion (roughly $789 million) in losses in the first five months of 2025, the Ministry of Home Affairs said."
"On Thursday, Google announced the expansion of its real-time scam detection feature, which uses Gemini Nano to analyze calls on-device and flag potential fraud without recording audio or sending data to Google's servers. The feature is off by default and applies only to calls from unknown numbers, and it plays a beep during the conversation to notify participants. It debuted in the U.S. in March as a beta for English-speaking Pixel 9 users."
"Google confirmed to TechCrunch that its on-device scam detection will initially work only on Pixel 9 and later models in India and will be limited to English-speaking users, with its warning also English only. That restricts its reach in a market where Android accounts for nearly 96% of smartphones, per StatCounter, but Pixel devices held less than 1% share in 2024."
Google expanded real-time scam detection and added screen-sharing alerts for financial apps in India, using on-device Gemini Nano to analyze calls and flag potential fraud without recording audio or sending data to servers. The feature is off by default, applies only to calls from unknown numbers, and plays a beep during conversations. The capability debuted as a U.S. beta and will initially work only on Pixel 9 and later models in India, limited to English warnings and users. Digital fraud in India has surged, with 13,516 bank fraud cases causing ₹5.2 billion losses in 2024 and roughly ₹70 billion lost in early 2025.
Read at TechCrunch
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