The RBI advisory on safe digital transactions comes close on the heels of a government warning about a suspicious phishing attack in the garb of official information on COVID-19

In a regulatory filing on Thursday, Lakshmi Vilas Bank said the bank acknowledges the Apex bank's decision of not approving the amalgamation with Indiabulls Housing Finance Ltd

Banking transformation has to follow a holistic approach, rather than a fragmented use-case based approach.

They used to be called sneaky or hidden fees. But while all banks clearly list fees for sundry services like SMS alerts, ATM transactions and reward points redemption in their respective charges schedules, they are easy to miss.

The GSAT-31, a communication satellite with Ku-band, is going to serve and replace some of the satellites that are going to expire soon.

Tokenisation is a process that masks actual card details using a unique alternate code called the \"token\", which is unique for a combination of card, token requestor-for instance m-commerce apps-and devices like smart phones.

AGS Transact Technologies, a company which provides ATM services to banks, has developed a system that uses UPI platform to dispense cash from ATMs.

With interoperability paving the path for a level playing field, non-bank digital wallets are set to attract more users, but competition could be fierce.

ICICI Bank, which has always been at the forefront of change, is on an HR transformation exercise to handle the digital revolution.

Aadhaar linkage could improve access to several financial services

Here is a detailed account of the different ways to make digital payments and, more important, how secure are each one of these methods.

Considering the apparent threat, the Reserve Bank of India has asked banks in India to follow Indian Computer Emergency Response Team's (CERT-In) instructions thoroughly.

In a response to a query under the Right to Information Act, 2005, Bharatiya Reserve Bank Note Mudran (P) Ltd, a wholly owned subsidiary of the Reserve Bank of India (RBI), informed that the last-stage production of Rs 500 note was on October 27, 2016.

E-Wallet Paytm is finally set to announce by this week the launch of its Paytm Payments Bank Limited, two months after it got Reserve Bank of India's final approval.

This will be possible after IndiaPost opens its payments bank shortly. Over 112 crore Indians will be able to send and receive money on the basis of Aadhar number.

The low literacy rates in rural India, along with the lack of infrastructure like internet access and power make things extremely difficult for people to adopt e-transaction route.

Reliance Jio today offered more competition for the market players with RIL chairman Mukesh Ambani making key announcements today.