Earlier this week, the Internet and Mobile Association of India (IAMAI) elected a new 24-member governing council – and from that, a four-m...

Technology is available, but the enormous size of India’s banking ecosystem raises challenges

This has put off banks and other large lenders as they may now have to use video KYC or physical KYC, which are costlier, to authenticate t...

Centralised Know Your Customer (C-KYC) database, which was conceived as a solution to KYC challenges faced by financial institutions, has b...

For our NRI readers, we have started an immigration helpdesk. Write to us at nri.economictimes@gmail.com and our team of experts will addre...

RBI also announced that limited KYC accounts opened on the basis of Aadhaar e-KYC authentication in non-face-to-face mode can be converted ...

Given the consistent increase in the agricultural market size in the last five years (about $300 billion in 2018), it is essential to set u...

Sanjay Dhotre, minister of state for electronics and IT said, “Blockchain technology is one of the important research areas having applicat...

In a response to a question in the Lok Sabha, Sanjay Dhotre, minister of state for electronics and IT (MeitY), said that "Blockchain Techno...

The apex court's ruling which barred private companies from accessing the biometric database hit the banking and broader financial services...

Blockchain is like the 'Whatsapp highway for payments,' says Navin Gupta, managing director, Southeast Asia, the Middle East & North Africa...

FSDC also reviewed major developments on the global and domestic fronts that impinge on the financial stability of the country.

Blockchain is a digital ledger of transactions that everyone in of transactions that everyone in the particular network can see.Its design ...

State govt depts are tinkering with blockchain to improve record storage, while supply chain cos are trying to use it to manage its dispara...

The government is holding consultations with all regulators including the RBI to introduce Aadhaar-enabled KYC regime across financial sect...

A central KYC registry will help banks, mutual funds, brokerage firms and depository participants offer services without asking customers t...

The Reserve Bank of India is of the opinion that more than account number portability, customer would be better served by a facility to shi...