Wipro will implement core-banking solutions for Paytm and also the programme to manage the integration of other key systems like anti-money...

The Reserve Bank of India has granted payments bank licence to Airtel M Commerce Services, a subsidiary of Bharti Airtel on Monday.

Oracle, Infosys and TCS are in the running for core banking services for payments, while Wipro and TCS are in the fray for being the system...

Paytm is close to finalising technology outsourcing contracts worth Rs 125 crore to manage the back-end for its payments bank which the com...

We find rapid growth in active accounts across all geographies, where an active account is one where at least one transaction takes place i...

Crisil said east, north-eastern and central India will gain the most from payments banks while the market share of existing banks is unlike...

Selected cos will be given "in-principle" approval for 18 months, after which they will be given licences if they fulfil all conditions sti...

As mobile payment startups and banks take frugal technology to rural India, thousands of lives are experiencing the change for the first ti...

"M-Pesa is a safe, secure and convenient service to tranfer money and make payments beyond the reach of traditional banking channels."

According to the World Bank, India received $71 billion in remittances by end-2013; but estimates are that just 50% of this market is handl...

StarFin facilitates online and real-time cash deposits, withdrawals, and transfers from urban to rural population in 7 lakh unbanked villag...

Saral Money—a pre-paid card launched on the Visa and Aadhaar platforms yesterday—is an easy way for the unbanked to access their welfare be...

Yes Bank is expecting to sell about 500 kilogram of gold products in 2012-13 fiscal, a senior official said today.

State Bank of India has achieved 100 per cent coverage of its allotted unbanked villages in Andhra Pradesh.

The country’s second-largest public sector lender, Punjab National Bank (PNB), has charted plans for inorganic expansion in the central Asi...

Axis Bank, the third-largest private bank, plans to cover 5,500 villages for financial inclusion by March 2011 and scale it up to 12,000 vi...

The country’s commercial capital Mumbai saw its largest slum population get its first state-owned bank branch and ATM at Dharavi on Monday.