The fintech firm’s complex corporate structure was one reason why RBI asked it to reapply

Founded in 2018, EnKash claims to have assisted 1 lakh businesses to digitise and decentralise their corporate payments.

In 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...

Hitachi, amongst one of the global leaders of innovation, providing future technology, and IT-driven people-centric next-generation solutio...

The 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's aggressive expansion is interesting as the white label ATM business has been in losses since the beginning primarily because of t...

The RBI has asked all payment facilitators to ensure that data operated by them are stored only inside the country in order to check risks ...

The Central Bureau of Investigation has informed that it has registered 104 regular cases (RCs) related to Chit Fund and ponzi schemes in m...

As 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 denied to have received any claims. “We have not received any claims so far,“ said Loney Antony , MD at Hitachi Payment Services.

Audit report of India's worst cyber attack till date has revealed that an advanced malware can overcome most anti-malware walls.

Hitachi confirmed the breach and said that they will continue to undertake all mandatory and regulatory security measures.

Banks had been receiving multiple complaints from customers about cards being used in China at various ATMs and point of sale terminals.

Finance Minister Arun Jaitley had said the government asked RBI and banks to provide details of the data breach and also banks' preparednes...

RBI 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 payment services offer banking solutions related to ATM, point of sale (POS), cash and deposit machines and card management solutio...

Punit Shah, partner at tax and regulatory advisory firm Dhruva Advisors LLP, said higher interchange fee could help growth of WLAs.