Digital Banking
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Hackers Exploit Software Flaw To Steal Rs 7.34 Crore From Gujarat Bank
CID officials said the hackers exploited a flaw in the banking software, which they suspect may have affected 14 to 15 other banks across the country.
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SBI YONO 2.0 Launch: State Bank of India Reportedly Targets 20 Crore Users, Plans to Hire 6,500 Staff
SBI YONO 2.0 was launched in India on Monday by the State Bank of India (SBI). The new platform integrates the financial institution's mobile banking app and its internet banking portal into a single backend architecture, allowing it to share resources while offering seamless switching between the two. Additionally, it also has enhanced security fe...
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This UK Bank Launches Scheme To Double 10 Customers' Salaries Every Month
To be eligible for Double Payday, customers must ensure their employer pays their salary directly into their bank account by the final day of each month.
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PM Modi Dedicates 75 Digital Banking Units Across 75 Districts
With an aim to promote financial inclusion, Prime Minister Narendra Modi on Sunday dedicated 75 Digital Banking Units (DBUs) to the nation.
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NITI Aayog Offers Roadmap for Licensing, Regulation for Digital Banks: Report
Government think tank NITI Aayog has made a case and offered a template and roadmap for a licensing and regulatory regime for digital banks that focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors.
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Crypto Trading Reaches Brazil’s Nubank Digital Bank, 1 Percent of Bank’s Cash Holdings Allocated to BTC
Brazil’s Nubank has officially begun offering crypto trading services on its platform. BTC and ETH are the first two cryptocurrencies that have been listed to be bought or sold.
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Spanish Retiree Fights Digital Bank Divide, Seeks Human Help
A Spanish retiree campaigning to keep in-person customer services at banks because he felt “left out” by the shift to online banking is handing government officials a petition with more than 610,000 signatures, amid a wave of national support for his cause.
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Union Budget 2022: Digital Banking Units to Be Set Up in 75 Districts by Scheduled Commercial Banks
Finance Minister Nirmala Sitharaman announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commercial banks.
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ATMs, Credit, Debit Cards Set To Disappear: Niti Aayog CEO Amitabh Kant
With India embracing applications of technologies at an accelerated pace, digital transactions will be done through mobile wallets and biometric modes and credit and debit cards as also ATMs were set to disappear, Niti Aayog CEO Amitabh Kant has said.
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Smart Phones Or Not: Haryana Employees To Exhibit Government's Digital Push
Government employees in BJP-ruled Haryana have a new mandate and they are not pleased. Each employee has to make at least one digital transaction per week, the record of which will be compiled in a compliance report and sent to a nodal officer.
-
Hackers Exploit Software Flaw To Steal Rs 7.34 Crore From Gujarat Bank
CID officials said the hackers exploited a flaw in the banking software, which they suspect may have affected 14 to 15 other banks across the country.
-
SBI YONO 2.0 Launch: State Bank of India Reportedly Targets 20 Crore Users, Plans to Hire 6,500 Staff
SBI YONO 2.0 was launched in India on Monday by the State Bank of India (SBI). The new platform integrates the financial institution's mobile banking app and its internet banking portal into a single backend architecture, allowing it to share resources while offering seamless switching between the two. Additionally, it also has enhanced security fe...
-
This UK Bank Launches Scheme To Double 10 Customers' Salaries Every Month
To be eligible for Double Payday, customers must ensure their employer pays their salary directly into their bank account by the final day of each month.
-
PM Modi Dedicates 75 Digital Banking Units Across 75 Districts
With an aim to promote financial inclusion, Prime Minister Narendra Modi on Sunday dedicated 75 Digital Banking Units (DBUs) to the nation.
-
NITI Aayog Offers Roadmap for Licensing, Regulation for Digital Banks: Report
Government think tank NITI Aayog has made a case and offered a template and roadmap for a licensing and regulatory regime for digital banks that focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors.
-
Crypto Trading Reaches Brazil’s Nubank Digital Bank, 1 Percent of Bank’s Cash Holdings Allocated to BTC
Brazil’s Nubank has officially begun offering crypto trading services on its platform. BTC and ETH are the first two cryptocurrencies that have been listed to be bought or sold.
-
Spanish Retiree Fights Digital Bank Divide, Seeks Human Help
A Spanish retiree campaigning to keep in-person customer services at banks because he felt “left out” by the shift to online banking is handing government officials a petition with more than 610,000 signatures, amid a wave of national support for his cause.
-
Union Budget 2022: Digital Banking Units to Be Set Up in 75 Districts by Scheduled Commercial Banks
Finance Minister Nirmala Sitharaman announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commercial banks.
-
ATMs, Credit, Debit Cards Set To Disappear: Niti Aayog CEO Amitabh Kant
With India embracing applications of technologies at an accelerated pace, digital transactions will be done through mobile wallets and biometric modes and credit and debit cards as also ATMs were set to disappear, Niti Aayog CEO Amitabh Kant has said.
-
Smart Phones Or Not: Haryana Employees To Exhibit Government's Digital Push
Government employees in BJP-ruled Haryana have a new mandate and they are not pleased. Each employee has to make at least one digital transaction per week, the record of which will be compiled in a compliance report and sent to a nodal officer.
