The Indian government, SBI Cards and Payment Services Ltd, and telecom operators are collaborating to develop a solution to address the increasing threat of cyber fraud and phishing attacks in the banking sector. The solution involves monitoring both the registered address and geolocation of customers where a one-time password (OTP) is delivered. Any inconsistency between the two locations will trigger an alert to customers about a potential phishing attempt. This measure aims to strengthen the second factor of authentication for digital payment transactions, which has been compromised by sophisticated OTP theft techniques employed by fraudsters.