Regulatory sandbox: RBI seeks applications to test retail payment products PTI Nov 5, 2019 The Reserve Bank of India on Monday invited applications for testing new products and services for retail payments system under…
WhatsApp Pay to launch in India soon: Mark Zuckerberg IANS Nov 1, 2019 Facebook is inching closer to launch much-anticipated WhatsApp Pay in India and will soon have a positive news to share, the…
1.3 mn Indian payment cards details up for sale on Dark Web IANS Oct 31, 2019 Nearly 1.3 million debit and credit card data of Indian banking customers that can fetch up to $130 million for cybercriminals are…
Adoption of Open Banking has been sluggish: Reports Express Computer Oct 29, 2019 Banks must collaborate with start-ups to remain relevant as the financial ecosystem evolves from ‘Open Banking ’ to ‘Open X ’
Indian banking, securities IT spending to grow 9% in 2020: Gartner IANS Oct 23, 2019 Spending by the banking and securities sector in India will total $11 billion in 2020, an increase of 9.1 per cent from 2019, as…
Govt launches BHIM 2.0 with new functionalities, additional language support PTI Oct 22, 2019 The IT Ministry has unveiled a slew of new initiatives and programmes, including BHIM 2.0 that packs-in new functionalities,…
Mastercard starts initiative for digital payments acceptance IANS Oct 17, 2019 Payment services major Mastercard has launched a nationwide initiative to increase the acceptance and adoption of digital payments…
Edelweiss Group setting up infrastructure for cloud, API and data Abhishek Raval Oct 17, 2019 It’s been almost a year since Edelweiss Financial Services got a new Group CIO, Nitin Agarwal. He is reengineering the technology…
RBI issues guidelines on ‘on tap’ authorisation on payment systems PTI Oct 16, 2019 The Reserve Bank of India (RBI) has issued guidelines on ‘on tap’ authorisation of payment systems, including minimum networth…
Mastercard India elevates Vikas Varma to COO PTI Oct 11, 2019 In his new role, Vikas will lead initiatives related to new partnerships and development of digital payments solutions in the…