Over the years, the banking industry has adopted technological innovations in multiple ways to ensure safety and security of customer data and finances. Numerous innovative solutions like EVM chips, signature panels, OTPs, security codes, etc. have become standard industry norms that every financial organisation follows as thumb rule. However, as the world steps towards digitisation with every passing day, scamsters and hackers continue to find loopholes to manipulate customers and successfully run card frauds in more ways than one.