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HITACHI PAYMENT RBI
RBI grants white-label ATM licence to Mumbai-based EPSMumbai-based EPS is backed by investors like the UK's Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it...- ATM like machines where you can withdraw, deposit cash, open bank account, FD, apply for credit cards, loans coming soonHitachi Payment Services has unveiled India's first Android-based cash recycling machine in partnership with NPCI at the Global Fintech Fes...
- Hitachi Payment Services receives RBI nod for payment aggregatorHitachi Payment Services has received RBI's final authorization to operate as an Online Payment Aggregator under the Payments and Settlemen...
- RBI asks PayU India to reapply for payment aggregator licenceThe fintech firm’s complex corporate structure was one reason why RBI asked it to reapply
- RBI grants in-principle approval for payment aggregator licence to EnKashFounded in 2018, EnKash claims to have assisted 1 lakh businesses to digitise and decentralise their corporate payments.
- RBI imposes Rs 6 crore penalty on 4 White Label ATM operatorsIn a release, it also said a penalty of Rs 3 crore has been imposed on Transaction Analysts (India) Pvt Ltd for contravention of certain pr...
- Empowering social transformation to take India to the next generationHitachi, amongst one of the global leaders of innovation, providing future technology, and IT-driven people-centric next-generation solutio...
- NPCI raises Rs 82 cr from 19 entities, broadens shareholder base to 67The 19 new shareholders in NPCI will be holding stakes ranging from 0.04-0.44 per cent in the company, it said, adding offers were made to ...
- Hitachi Payments on expansion spree, to nearly double white label ATMs by MarchHitachi's aggressive expansion is interesting as the white label ATM business has been in losses since the beginning primarily because of t...
- Store data locally, RBI directs payment facilitatorsThe RBI has asked all payment facilitators to ensure that data operated by them are stored only inside the country in order to check risks ...
- ED initiates investigation in 36 cases against ponzi companiesThe Central Bureau of Investigation has informed that it has registered 104 regular cases (RCs) related to Chit Fund and ponzi schemes in m...
- 29 lakh debit cards subjected to malware attack: Santosh Kumar GangwarAs reported by commercial banks, 2.9 million cards were used at ATMs that were connected to switch of Hitachi, which was subjected to malwa...
- Hitachi may face Rs 10 cr liabilities for card breachHitachi denied to have received any claims. “We have not received any claims so far,“ said Loney Antony , MD at Hitachi Payment Services.
- Hitachi hackers cashed in on security gaps in India's worst-ever cybersecurity breachAudit report of India's worst cyber attack till date has revealed that an advanced malware can overcome most anti-malware walls.
- Hitachi owns up: Systems compromised in 2016 leading to scareHitachi confirmed the breach and said that they will continue to undertake all mandatory and regulatory security measures.
- RBI calls stakeholders for meet on debit card security breachBanks had been receiving multiple complaints from customers about cards being used in China at various ATMs and point of sale terminals.
- Finance Ministry expects report on debit card data breach in 10 daysFinance Minister Arun Jaitley had said the government asked RBI and banks to provide details of the data breach and also banks' preparednes...
- Debit card data theft: Finance Ministry, RBI seek report as banks scurry to contain damagesRBI directed banks trying to plug India's biggest such data theft to submit a report on the magnitude of the security breach at their ATMs.
- Hitachi keen to partner Postal Department for payments bank: Ravi Shankar PrasadHitachi payment services offer banking solutions related to ATM, point of sale (POS), cash and deposit machines and card management solutio...
- Lack of bank sponsors hit white label ATMsPunit Shah, partner at tax and regulatory advisory firm Dhruva Advisors LLP, said higher interchange fee could help growth of WLAs.
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