A Technical Committee on Mobile Banking has been set up to "examine the options/alternatives including the feasibility of using encrypted SMS-based funds transfer using an application that can run on any type of handset for expansion of mobile banking in the country," the central bank said.
#RBI#Mobile banking#SMS-based funds transfer
There is no doubt that mobile subscriber base as well as consumer opting for mobile banking is increasing in India. But, challenges like education and awareness, complexity of operations, handset and security issues along with pricing issues amongst various players first need to be sorted out #India#Raghuram Rajan#Mobile banking#SMS#PersonalFinance#Rajan
Detectives have revealed that a Latvian builder they are searching for in connection with the disappearance of schoolgirl Alice Gross is a convicted murderer. Fourteen-year-old Alice was last seen on August 28, when she was spotted on CCTV by the Gra... #London#Latvia#Scotland Yard#Europe
A Latvian builder named as the prime suspect in the disappearance of teenager Alice Gross murdered his wife with "no remorse" in 1998, his former mother-in-law has said. Police are looking for Arnis Zalkalns, 41, who went missing a week after the 14-... #London#Latvia#Isleworth#Scotland Yard#Europe