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Possible au bank credit card breach

Jokes apart...

AU got a policy of verifying both the office n residence addresses - and both mist be in their serviceable towns/cities.

My Company's Registered Office is in Vijayawada - the Capital of AP. AU says it is not serviceable. So, they can't issuea CC.

By then, they (as well as we) knew about the impending merger of Fincare into AU. Fincare have 3 branches in Vijayawada. So, now, AU can give CCs for Vijayawada addresses also.
 
Jokes apart...

AU got a policy of verifying both the office n residence addresses - and both mist be in their serviceable towns/cities.

My Company's Registered Office is in Vijayawada - the Capital of AP. AU says it is not serviceable. So, they can't issuea CC.

By then, they (as well as we) knew about the impending merger of Fincare into AU. Fincare have 3 branches in Vijayawada. So, now, AU can give CCs for Vijayawada addresses also.
I'm facing the same issue of rejection due to non-serviceable pincode.
I'm from Warangal and AU says non-serviceable pincode whereas there is a Fincare branch in the city.
I raised a complaint to nodal as well as RBI for making unnecessary cibil enquiry and then rejecting the application due to pincode.
May be in next 6 months, once the integration of Fincare into AU completes, it will start issuing cards to Fincare citied.
 
This shows that all banks software supplier is same and all are using latest version of it.
ICICI integrated it first and others are Integrating slowly 😂

I know you're kidding and we all know there are multiple large banking software players, including the likes or Oracle.

I think what these glitches show is that the software is not at fault, because if given a chance banks would be the first to blame software vendors. I think the hardware infra needed is not good enough, which is why disruptions and failures occur. Especially given the volume of transactions Indian banks now see from UPI, etc. Secondly, app development at many Indian banks seems to be neglected going by this, as they seem to be releasing app updates with bugs that show data from other users, etc. This means app testing and QC is not happening properly.

What that means for security is an altogether more scary story!
 
My take :

Techies are creating/tinkering with the SW - both on the INB and on the Apps - first - without guidance from their Customer-Banks (who have SrVPs/DGMs/GMs who does not know anything about technology) and second - without proper testing by their team (or team from Customer-Banks) who does not know banking. So you have a funny n dangerous situation - developers does not know banking and bankers does not know technology. Result is such half-baked stuff with so many loose ends and dangerous handles hanging in the air. Everyone is running after deadlines. Often, even at the cost of compromising on the basic security features.

The stupid thing is - the others (Customer-banks) are NOT spending any time in learning from the mistakes committed by other Bank (now ICICI). Most of the test-teams are with outdated knowledge or capability. Sorry to say that, but it looks like it is a true fact going by what we have been seeing in the last one year or so. Very regularly, Apps and INB does not work as anticipated - no one knows the reason or the time schedule when it will be back on rails. Even after very regular scheduled maintenance breaks these Banks take (right from biggies like SBI, HDFC, ICICI to smallies like Yes and AU) - their Apps and INB fails most often. Even in our own TF community, we saw advices coming from experts asking for wait-a-couple-of-days for those glitches to vanish. It is sad to see this happen.
 
Hi;

I am able to view credit card details of other users in the AU 0101 app. Including full card number, expiry date, cardholders name and cvv, credit limit, etc.

AU bank cc users please take necessary precautions. I have blocked the unknown users card for his safety and mine
"Banks should be open to customers" iss statement ko jyada hi seriously le liya AU ne😆
 
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