On the night of November 8th, when PM Modi announced demonetization and called for a national push towards a cashless economy , he also announced two very beneficial steps, which helped the citizens at large: No ATM fees on using ATMs (even other bank’s ... Trak.in, 1 month ago
Chennai-based Financial Software and Systems (FSS), provider of payments technology and transaction processing, has launched FSS Payments Productathon contest, inviting ideas and solutions to enhance customer experience and encourage them to go cashless. The ...Business Line, 1 month ago Financial Software launches payments products contest Business Line, 1 month ago
'The absence of a cyber security framework for ATMs is like a dream come true for hackers.'Business Standard's Ayan Pramanik & Shivani Shinde Nadhe report.Illustration: Uttam Ghosh/Rediff.com India needs a legal framework to direct banks to safeguard their infrastructure against cyber attacks, say experts, as a large number of the country's 200,000-plus ATMs run on an outdated software of Microsoft. Since April 2014, Microsoft has not been offering support for machines running on its ...Rediff.com, 2 months ago
Chennai - With the government nudging people towards digital banking modes -- payments through mobile phones, Point of Sale (PoS) machines and others -- ATM players may find their business in a flux in the coming years. ATMs are cash-vending machines and ...Sify, 2 months ago
If the RBI fails to provide adequate cash, it may lead to serious law and order issues, AIBEA told the central bank.Business Standard's Abhijit Lele and Nupur Anand report from Mumbai. The country's largest bank, the State Bank of India, expects less pressure from demand for cash in the "payday week" in December due to early withdrawals in November and customers' shift to electronic payment channels for transactions. However, limited supply of currency notes from the Reserve Bank of India ...Rediff.com, 2 months ago
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