Latest UPI rules: Payments via smart glasses, UID-based face authentication, ATM withdrawals using UPI and moreThe Reserve Bank of India and Department of Financial Services launched several digital payment innovations at the Global Fintech Fest 2025...
08 Oct, 2025, 10.24 AM IST
RBI for simpler KYC updation process simpler, no more re-submitting documents for minor changesThe Reserve Bank of India (RBI) has simplified KYC (Know Your Customer) rules for both new customer onboarding and updating of identificati...
23 May, 2025, 07.52 PM IST
Cash on wheels: Railways conducts successful trials for India’s first on-board ATM on this routeIndian Railways successfully tested the country's first ATM on a train. The trial took place on the Panchavati Express between Manmad and M...
16 Apr, 2025, 11.16 AM IST
RBI bars BoB from taking new customers onto mobile app; allegations of mobile no. linking malpracticesThe RBI has directed Bank of Baroda (BoB) to suspend any further onboarding of their customers onto the bob World app with immediate effect...
12 Oct, 2023, 10.56 AM IST
RBI bans new customers on BoB's mobile applicationThe central bank’s action comes almost three months after a news network exposed how the bank linked bank accounts to unregistered mobile n...
10 Oct, 2023, 08.50 PM IST
UPI ATM launched: Forget debit card, you can withdraw money from ATM using UPI; how to useA UPI-ATM allows you to withdraw cash from your bank accounts using the United Payments Interface (UPI) applications. It offers you the sam...
08 Sep, 2023, 02.06 PM IST
Airtel Payments Bank launches face authentication for savings bank accountsThe authentication is processed using a new app from the Unique Identification Authority of India (UIDAI). As a result, the business corres...
22 Nov, 2022, 02.12 PM IST
CMS Info is a key player in ATM managed services space & has a massive order book: CEO“It is a complete offer for sale (OFS) from our shareholders Baring Asia through their affiliate Sion, which is our promoter. Our company h...
31 Dec, 2021, 04.03 PM IST
Aadhar payment systems gathers steam, trumps ATM withdrawalsWith less than a quarter of the 2.3 lakh ATMs deployed in rural areas in the country, account holders are growing increasingly comfortable ...
23 Dec, 2020, 09.22 PM IST
PayNearby launches own micro ATMs at retail shopsThe Confederation of ATM industry (CATMi) has announced its plans to shut down nearly 50 per cent of ATMs due to high maintenance cost of s...
11 Nov, 2019, 04.21 PM IST
Micro ATMs a big hit in rural India, transactions in May touch 33.5 millionWith an annual growth rate of 150% since 2016, the Aadhar-Enabled Payments Channel (AEPS), which falls under the broader category of micro-...
28 Jun, 2019, 09.00 AM IST
LPG Subsidy fiasco: Airtel Bank gets RBI, UIDAI nod to resume taking new customersLPG subsidy worth crores had been deposited into Airtel Bank a/cs opened without customer consent.
12 Jul, 2018, 09.22 PM IST
Aadhaar-linked payments double to 13.7 m in MarchAEPS transactions done through a biometric enabled point of sales (PoS) terminal could be for cash withdrawal or for direct merchant paymen...
24 Apr, 2018, 10.32 AM IST
India Post Payments Bank to launch 650 branches by April: SinhaIndia Post received permit from RBI on January 20, 2017 to roll out payments bank. The department has already set up two branches in Raipur...
07 Mar, 2018, 05.28 PM IST
Banks to remain open for public transactions over the weekendThis move came in as a result of PM Modi allowing public to exchange or deposit their old Rs 500 and Rs 1,000 note in exchange of new ones.
10 Nov, 2016, 01.37 AM IST
Banks to open this weekend, SBI and Canara Bank to work longer hoursBanks would convert many of their desks into teller counters which were nearly becoming extinct as technology replaced humans.
09 Nov, 2016, 07.19 PM IST
Gujarat water adviser, Babubhai Navalawala, to help DelhiNavalawala will meet officials of Delhi Jal Board and LG Najeeb Jung at Raj Nivas on June 19 to guide the agency on drafting a water and se...
18 Jun, 2014, 12.05 PM IST