Search For "payment systems"
RBI releases blueprint for regulation of payments system
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): The Reserve Bank of India (RBI) on Friday released 'Payments Vision 2025', a blueprint for regulation of payment systems in the country.
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RBI to adopt graded approach to introduce digital currency
Updated : 3 years, 9 months ago IST
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
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Tecto, Payhuddle's Level 3 Testing Tool is one of the first tools to achie
Updated : 4 years ago IST
Bengaluru (Karnataka) [India], March 15 (ANI/BusinessWire India): EMVCo has qualified Tecto, one of the first tools to qualify for its Level 3 (L3) card simulator, TT, and TSE modules based on the latest version of EMVCo EMV L3 Testing Framework.
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Russian bank working to issue China's UnionPay, domestic MIR cards after V
Updated : 4 years ago IST
Moscow [Russia], March 7 (ANI): Following the suspension of operations in Russia by payment giants Visa and Mastercard, Russia's state-owned Sberbank announced on Sunday that it is working on issuing payment cards using China's UnionPay and Russia's domestic Mir payment systems, Russian m
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India, Singapore to link UPI, PayNow for faster payments
Updated : 4 years, 6 months ago IST
New Delhi [India], September 14 (ANI): The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to link their fast payment systems -- Unified Payments Interface (UPI) and PayNow.
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Russia, China must move away from western-controlled payment systems, says
Updated : 4 years, 11 months ago IST
Moscow [Russia], March 22 (ANI): Amid the growing bans by the United States on Beijing and Moscow, Russian Foreign Minister Sergey Lavrov has said the US sanctions risks need to be alleviated by switching to alternative currencies and moving away from using the dollar.
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Azilen Technologies & GANTNER announces partnership
Updated : 5 years, 5 months ago IST
Ahmedabad (Gujarat) [India] September 17 (ANI/PRNewswire): Product engineering major Azilen Technologies inks partnership with GANTNER, a leader in access control, ticketing, locking, and cashless payment systems.
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CPI MP moves SC seeking protection of data collected on UPI platforms, pre
Updated : 5 years, 6 months ago IST
New Delhi [India], September 11 (ANI): A PIL has been filed by Rajya Sabha MP Binoy Viswam in the Supreme Court against Google, Amazon, Facebook, and WhatsApp alleging that they are "not complying" with operating payment systems in India and that the data of Indian citizens collected on Unif
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MoneyGram partners with Federal Bank to expand account deposit capabilitie
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): MoneyGram Payment Systems, a global leader in cross-border peer-to-peer payments and money transfers, said on Thursday it has entered into a partnership with the Federal Bank for a strategic partnership to offer cost-effective direct-to-bank-accoun
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TCS to power Israel's first fully digital bank
Updated : 5 years, 11 months ago IST
Tel Aviv [Israel], April 15 (ANI): Tata Consultancy Services (TCS) said on Wednesday it has been selected by Israel's Ministry of Finance to transform its banking sector by building a service bureau that will serve as a shared, plug-and-play, digital banking operations platform.
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Amazon plans to build hand scan-based payment systems
Updated : 6 years, 1 month ago IST
California [USA], Jan 20 (ANI): Envision a day when you don't need to have cash or card on you to pay for shopping. Amazon is reportedly planning on building terminals where customers could simply scan their hands at checkout terminals.
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Delhi HC seeks response from RBI, ED, PayPal on plea claiming illegal ops
Updated : 6 years, 8 months ago IST
New Delhi [India], July 3 (ANI): The Delhi High Court on Wednesday sought responses from Reserve Bank of India (RBI), Enforcement Directorate (ED) and PayPal Payments Private Limited on a plea that the company is unauthorised and was doing illegal operation in India as a Payment Systems in
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