Industry hails RBI’s move to hike contactless card transaction limit IANS Dec 7, 2020 The payments industry on Friday welcomed the Reserve Bank of India’s move to hike the limit of contactless card transaction from…
How technology is powering digital lending in India Express Computer Dec 4, 2020 At the core of this digital lending boom is technology, playing a pivotal role in revolutionizing India's credit ecosystem by…
Union Bank of India achieves IT integration of all branches of erstwhile Corporation Bank Express Computer Dec 3, 2020 State owned Union Bank of India has achieved another key milestone under the amalgamation process of three banks. With today’s IT…
PhonePe to double user base, create 10K local jobs in rural India Vishwas Dass Dec 3, 2020 Could you take us through some of the challenges faced by PhonePe, especially when the lockdown was imposed and how did the…
Punjab National Bank completes IT integration of all branches of erstwhile Oriental Bank of Commerce Express Computer Dec 2, 2020 All customers of eOBC are now migrated to CBS of Punjab National Bank wherein they can transact seamlessly via existing branches…
India’s fintech sector in the current scenario: A brief analysis Express Computer Dec 2, 2020 By Amit Nigam, COO & Executive Director of BANKIT The raging global pandemic has taken a heavy toll on global economies and…
Technology transformation of the insurance industry during the pandemic Express Computer Dec 1, 2020 The pandemic has brought the IT to center stage. The increased use of technology across all departments has highlighted that there…
COVID-19 Increases Urgency for Banks to Transform Payment Systems, Finds Research from Accenture Express Computer Nov 27, 2020 While banks’ investments in new payments systems have focused primarily on meeting compliance deadlines, the way they will drive…
Google Pay not to charge money transfer fee from Indian users IANS Nov 26, 2020 Google India on Wednesday clarified that Google Pay which is set to kill the peer-to-peer payments facility on its web app in…
Payments firm Cashfree raises $35mn led by Apis IANS Nov 25, 2020 Bengaluru-based payments solutions company Cashfree on Tuesday said it has received $35.3 million (approximately Rs 260 crores) as…