India 3rd core market for identify verification UK tech startup
Founded by three entrepreneurs from Oxford University, Onfido helps businesses verify people’s identities digitally. Husayn…
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UK startup PESB, looks at expanding India network
UK based startup PESB, licences business transaction processing software aimed at high throughput and ultra low latency domains,…
Creating a payment gateway of choice
DigitSecure is focused on online payment processing and smartcard solutions. Jay Krishna, founder, DigitSecure shares the growth…
Banks facing competition from non-traditional sectors, states World Retail Banking Report 2018
In addition to traditional challenges, retail banks globally are now facing high-impact new forms of competition: the open banking…
UIDAI relaxes Aadhaar enrollment targets for banks
In a breather to banks, the UIDAI has extended till November 1 the deadline for banks to do minimum Aadhaar enrolments and…
Highlights of Indian Overseas Bank’s recent digital initiatives
The Indian Overseas Bank recently launched a sound pressure level meter, an IoT device initiative to solve customer grievances at…
RBI plans on ensuring ATM security contingent to banks’ funding: CATMi
The ATM industry association made a case for White Label ATMs (WLAs) or ATMs that are owned by private operators and not banks. It…
Banks can now join UPI without becoming issuer
The National Payments Corporation of India (NPCI) has allowed banks who do not act as issuers in the payments ecosystem to join…
UIDAI eases daily Aadhaar updation target for bank branches
In a major breather to banks, the UIDAI has halved the daily minimum Aadhaar enrolment/ updation target for stipulated bank…
IoB launches IoT based customer service application
To increase customer satisfaction at the branch, IOB has introduced three initiatives with IoT