Mobile Banking

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M-banking on USSD likely to get delayed as operators spar

May 20, 2013 at 13:17 | Source: Economic Times

KOLKATA: Full-scale mobile banking services over the Unstructured Supplementary Service Data (USSD) platform, a text message-based interactive backbone could hit a roadblock with both GSM and CDMA operators at loggerheads with the National Payments ...

Standard Chartered Bank: Right on the money

May 16, 2013 at 21:16 | Source: Business Today

Sunil Kaushal, CEO-India, Stanchart In early 1946, members of the Khoja Ismaili community gathered in Bombay to celebrate the diamond jubilee of the Aga Khan as their spiritual leader. The celebration was to end on March 10 at Brabourne Stadium, wit...

Four co-operative banks deploy IBM's data solutions

May 14, 2013 at 18:12 | Source: The Hindu BusinessLine

Bangalore, May 14: The Co-operative Bank of Rajkot Ltd. (Gujarat), Shivajirao Bhosale Sahakari Bank Ltd. (Maharashtra), Goa State Co-operative Bank Ltd. and Tumkur Veerashaiva Co-operative Bank Ltd. (Karnataka), – have adopted IBM's solutions ...

Get ready for GIRO worry over bill payments

May 08, 2013 at 23:12 | Source: Calcutta Telegraph News

Mumbai, May 7: You wake up in the morning and realise it’s going to be another hair-raising day: the Boss wants that report TODAY; the wife is hollering in the kitchen; the kids are clamouring for your attention. And you have that distasteful ...

Cell banking adherents rise

May 06, 2013 at 08:57 | Source: Calcutta Telegraph News

Mumbai, May 5: Consumers are getting increasingly emboldened to carry out financial transactions on their mobiles as their confidence in the security architecture of banks’ mobile applications grows. According to Rajiv Sabharwal, executive dir...

Fear and loathing of m-banking

May 02, 2013 at 21:31 | Source: The Hindu BusinessLine

There was nothing unusual about that morning, until on my way to work that group walking on the road caught my eye. I had seen them many times before but probably not noticed them this way. Whether on foot or cramped together in a vehicle, they pref...

Poke Me: Why BSNL MTNL should be revived

May 02, 2013 at 15:25 | Source: Economic Times

This week's "Poke Me", invites your comments on BSNL MTNL should be revived. The feature will be reproduced on the edit page of the Saturday edition of the newspaper with a pick of readers' best comments. So be poked and fire in your comments to us ...

Nucleus Software eyes buys to boost financial services

Apr 29, 2013 at 22:02 | Source: The Hindu BusinessLine

New Delhi, April 29: Noida-based Nucleus Software Exports is eyeing for two acquisitions over the next one year to strengthen its offering for the banking and financial services. “Out of Rs 260 crore of cash, we have kept a budget of Rs 25-50 ...

Parliamentary Panel for opening branches in unbanked areas

Apr 23, 2013 at 16:27 | Source: Economic Times

NEW DELHI: In order to promote financial inclusion, a Parliamentary panel today said banks should open branches in rural and unbanked areas and treat them as "service centre" instead of "profit centre". "The Committee in their earlier reports had ex...

Banking on inclusion

Apr 22, 2013 at 11:27 | Source: The Hindu BusinessLine

Banking business is all about trust. A key lesson from the recent global financial crisis is that each time a bank fails, it erodes faith in the system, which might eventually lead to a systemic collapse. This explains the Reserve Bank of India̵...

Vodafone India, ICICI Bank launch 'M-Pesa'

Apr 18, 2013 at 19:37 | Source: DomainB

Vodafone India and ICICI Bank have launched a mobile money transfer and payment service, 'M-Pesa'. 'M-Pesa' is the trademark of Vodafone and it enables transferring of money and making payments. 'M-Pesa', which is initially being offered in Kolkata,...

New V-P for MphasiS’ mobility services

Apr 16, 2013 at 04:37 | Source: The Hindu BusinessLine

Bangalore, April 15: MphasiS has appointed Kumail Tyebjee as Vice-President and business leader of Mobility Service Line, a division of specialised market unit within the company. With nearly three decades of experience in management consulting acro...

Cyberattacks target J P Morgan Chase website

Mar 14, 2013 at 22:07 | Source: DomainB

The retail banking website of JP Morgan Chase Co (JPM) was temporarily unavailable, the bank said in a message posted online. The largest US bank by assets, told customers in a Twitter message Tuesday afternoon that it was experiencing "intermittent...

Making the women’s bank work

Mar 12, 2013 at 23:32 | Source: The Hindu BusinessLine

A public sector bank solely for women? At once, it is an appealing concept. A few all-woman branches were started by banks in the 70s and a couple of them still continue. These were more in the nature of token gestures, leaving no significant impact...

BlackBerry striving for absolute leadership

Mar 11, 2013 at 17:16 | Source: Indian Express

BlackBerry president & CEO Thorsten Heins says with BB10, the company has got the ticket to race and now needs to play the game to win the championship The jury is still out on whether the latest mobile handsets launched by Research in Motion (RIM) o...

‘Information management essential for banks’

Mar 08, 2013 at 21:46 | Source: The Hindu BusinessLine

Mangalore, March 8: Creative management of information could give banks a competitive advantage, according to a banker. Addressing the members of Bankers’ Club of Mangalore here, M.V. Nair, Chairman of CIBIL (Credit Information Bureau India Lt...

Mobile phone-banking is failing to meet its potential

Mar 07, 2013 at 15:51 | Source: Indian Express

Govt, NPCI, banks and telcos need to thrash out an interoperability framework across banks and telcos and a fair market-based pricing policy SV Divvaakar India's 840 million mobile phone connections are emerging as knights in armour in the financial ...

BlackBerry Z10 launched in India at Rs 43,490

Feb 26, 2013 at 12:07 | Source: Zee Business

Mumbai: BlackBerry on Monday launched its much-awaited smartphone Z10, powered by its latest operating system 'BlackBerry 10', in India at a price of Rs 43,490, taking rivals Apple and Samsung head on in the world's second largest telecom market.The...

Keeping it personal

Feb 21, 2013 at 22:32 | Source: The Hindu BusinessLine

Imagine waking up one fine morning, only to log in and find all of your most personal photos doing the rounds on social networks. Unimaginable, but not impossible. Last year, Leibniz University of Hanover in Germany released a study which tested 13,...

‘Mobile banking will see explosive growth in emerging markets’

Feb 19, 2013 at 01:46 | Source: The Hindu BusinessLine

Mangalore, Feb. 18: Mobile banking will be the front runner among various trends and technologies in the emerging markets banking landscape. Justice M.N. Venkatachaliah, former Chief Justice of India, expressed this view while delivering the Karnata...

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