6 Technology Trends for Banking in 2019
Not long ago, application programming interfaces (APIs) were little more than simple lines of code facilitating communication between applications at…
10 APR 2019
ATMs
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ATMs on fraud risk, 74% PSB ATMs run on outdated software
ATMs machines in India are running on high fraud risk and as high as 74 per cent of these machines…
21 JUL 2018
Powering the explosive growth of banks in retail finance
Spurred by financial inclusion policies, the Indian banking sector is facing exponential growth in its customers, accounts and funds. There…
29 JUN 2018
Banks tighten cost cutting measures, shut 2,000 ATMs in 10 months
In a bid to tighten the cost cutting measures, banks have shut 2,000 ATMs in 10 months. According to the…
07 MAY 2018
Bank holiday: PSU Banks to remain closed today
If you are planning to complete your bank related formalities today, you will have to shuffle your schedule a bit…
01 MAY 2018
ATMs declining faster as cities take the digital way
Indian cities are increasingly avoiding cash usage and choosing digital banking over the physical one. A major proof of…
28 OCT 2017
SBI to charge penalty for breach of minimum balance from April 1
After offering the facility of zero balance accounts for nearly five years, State Bank of India (SBI) has now decided…
06 MAR 2017
No filling of cash in ATMs after 8pm, govt tells banks
Increasing incidents of loot of cash carrying vans have prompted the government to issue an instruction that ATMs should not be…
05 APR 2016
RBI tells banks to enable mBanking at ATMs by March 31
The Reserve Bank of India has asked the banks participating in the National Financial Switch (NFS) to enable customer registration…
21 DEC 2015
1.25 lakh post offices to get ATMs, says minister
Work is on to install autimated Teller Machines (ATMs) and micro ATMs at over 1.25 lakh post offices across the…
18 DEC 2015
