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After reporting 5,278 fraud cases in Q1FY23, Kotak Mahindra now blames it on customer lapseKotak Mahindra Bank said that the instances reported as fraud also include phishing, vishing, skimming and other such activities and even p...- Card tokenisation: How to save card details in Amazon for future paymentsThe Reserve Bank of India (RBI) has set a deadline of June 30, 2022 for the implementation of tokenization of card transactions. Tokenisati...
- FII selloff an opportunity for domestic investors: Sunil Subramaniam"Domestic investors are being smarter and there's no panic reaction like what they did last year around this time," says veteran money mana...
- Why playing contra means value investing for Prashant JainWe never thought we could have a TCS with a profit of Rs 35,000 crore or a Reliance with a projected profit of Rs 40.000 crore.
- Twitter announces new financial scams policyTwitter said the consequences for violating the new policy will depend on the type and severity of the violation as well as the previous hi...
- SBI aims to eliminate debit cards"...it is our wish to eliminate the debit cards, and am sure we can eliminate them," the SBI chairman has said.
- What's up, WhatsApp? Google's beating plastic in IndiaFor both Pichai and Facebook's Mark Zuckerberg, signing up merchants in cities, towns and villages will be critical.
- UP BJP now sets eyes on 2019 polls, readies strategyAs per party insiders, BJP workers will hold sector sammelans across the state to promote BHIM app, the Swachh Bharat programme and benefit...
- How to avoid paying higher charges levied by your bankBanks have reintroduced charges suspended during note ban and added new ones. What worries customers is how banks deduct money directly fro...
- Scared of using your debit or credit card? Use these 4 tricks for hassle-free swipingRealising the need to make their elite customers feel secure, some banks have developed apps to block, unblock or change transaction limit.
- National Payments Corporation of India to launch credit card by year-endThe corporation had launched debit card - Rupay - in April 2012 and since then has cornered 35 per cent of the market share in the 670 mill...
- Jan Dhan Yojana: Why USSD-backed mobile banking has to be taken out of the clutches of mobile cosEven if a mobile company sponsors a payment bank, it should be directed to let others access its communication infrastructure at a reasonab...
- Don’t let a few call the shots in mobile bankingThe powerful telecom lobby had been resisting sharing their infrastructure that would allow USSD-backed basic mobile banking services.
- HDFC Bank market share in credit card business down 5%: Atos reportMarket share of HDFC Bank in credit card space has fallen by 5% while share of its peers State Bank of India, ICICI Bank and Axis Bank rose...
- About 54 crore bank customers may get debit cards in 3 years: StudyAs on December last year, as many as 31.44 crore bank customers have been issued debit cards.
- Penetration of ATMs, card usage very low: RBIPenetration of ATMs in the country is very low compared to other emerging mkts even as the number of ATMs is increasing by nearly 25% every...
- Financial transactions using debit cards overtook those using credit cards for the first timeThe month of July saw the volumes of debit card transactions not just exceed those using credit cards, but achieve a gap of a more than a m...
- Banks eye higher fees to boost declining revenueChecking accounts, bank statements etc could carry hefty costs as America's banks scramble to offset damage from financial overhaul. Invest...
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