RESERVE BANK OF INDIA: RBI Committee suggests GIRO based India...

Chinese bank card organization China UnionPay (CUP) has signed a parntership agreement with Intel to provide mobile payment services, Engadget reports. China UnionPay will use Intel's Identity Protection Technology and its distribution of the Hadoop ...

OxiCash Wallet, a money transfer facility, on Monday became the country's first independent non-bank mobile wallet facility. Launched by Oxigen Services on the IMPS (immediate payment service) platform of the National Payment Corporation, OxiCash is ...

Unless otherwise specified, any reference to a "year" is to a fiscal year ended January 31. INTRODUCTION Divestitures of Non-Core Businesses As part of our strategy to become a software company, we sold our Broadcast Servers and Storage and Media ...

KATHMANDU, APR 12 - Banks are getting tech-savvy, cards (debit/credit) are replacing cash in people's wallets and mobile banking is taking financial services to the unbanked mass. According to the Nepal Rastra Bank (NRB) data, banks and financial ...

(Lebanon Reporter, The (IN) Via Acquire Media NewsEdge) March 15--Boone County will buy a software package from a North Carolina firm to replace a system that has been used for decades but is now obsolete. The software, written by InterAct, will ...

History jointly created by National Payments Corporation of India and Oxigen. OxiCash unveils its Instant Money Transfer Service. RBI Chief General Manager , Dept of Payment and Settlement Systems , Mr. Vijay Chugh inaugurated the service. A service ...

What's new in payments this month? All you need to know on the major players, acquisitions & partnerships, mobiles and fraud management… in our monthly digest by Masha Cilliers of Payment Options Ltd. The UK government implemented a ban on unfair ...

Islamic Banking Risk Management When the conventional banking system is facing crises in the current economic downturn, Islamic Banking is actually growing every day. What is the reason behind such success? What are the risk management techniques in ...

Divisional performance The operating profit/(loss)(1) of each division is shown below. Quarter ended 31 March 2013 31 December 2012 31 March 2012 m m m Operating profit/(loss) before impairment losses by division UK Retail 557 606 632 UK Corporate ...