Google to Label Verified Investment Apps in India
Alphabet Inc.’s Google will introduce verification labels for investment apps on its app store in India, aiming to help users identify legitimate platforms and avoid scams.
The initiative will allow only brokers and intermediaries registered with the Securities and Exchange Board of India to receive a verified badge. This is expected to make it easier for users to distinguish approved financial services from fraudulent apps impersonating them.
The move comes as authorities increase efforts to combat rising online investment scams, particularly those targeting retail users through mobile platforms. By tightening visibility and trust signals within the app ecosystem, regulators hope to reduce financial fraud and improve consumer protection.
The decision highlights growing collaboration between regulators and major technology platforms as digital finance expands and risks associated with unverified services increase.



