Digital Banking

SBI, Reliance Jio extend partnership to digital payments area, will help state-run lender ramp up customer base

SBI and Jio has a joint venture for payment bank- Jio Payments Bank, wherein Jio holds 70 percent and the balance is with SBI.

India Post to let post office savings account holders avail full digital banking service from May

Around 34-crore post office savings account holders will be able to avail a full-fledged digital banking service from May as the government has approved linking such accounts with that of India Post Payments Bank (IPPB)

HDFC Bank's artificial intelligence powered chatbot Eva to be available on Google Assistant

'Eva' — built for HDFC Bank by Senseforth AI Research — claims to have answered more than five million user queries with more than 85 percent accuracy.

Estonia's e-residency digital ID programme offers e-commerce UK businesses hope

Using its knack for digital innovation to capitalise on the global explosion in e-commerce, the small cyber-savvy Baltic eurozone state became the first country to offer e-residency identification cards to people worldwide in 2014.

RBI is planning to issue guidelines to reduce customer liability in the event of digital frauds

In view of rising complaints of fraudulent transactions in digital banking, the RBI on Tuesday said it will soon issue guidelines to limit the customer liability.

Cyber frauds: RBI norms to protect customer in online banking transactions soon

Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions

ICICI, Axis, HDFC Bank limiting cash transactions at branches is really no big deal; here's why

Most of us have moved online already and those who haven’t will eventually do. Just like the way you had to gulp down that bitter cough syrup, whether you liked it or not

ICICI, HDFC Bank cap free cash transactions: Why punish non-home branch clients?

The very idea of bringing in core banking into the system itself was to make banking possible from anywhere/anytime. The banks' move undermines this objective

UPI and USSD are about to be get more feature-rich and sport new interfaces; here's how they work

A new UPI app that is common among banks and payment platforms is in the works and should be launched in a week's time. Along with this, a more feature rich version of the USSD is also in the works which lets you perform banking operations from even a feature phone.

SBI and Microsoft to work together to use White Space technology for banking in rural areas

State Bank of India is said to be in talks with Microsoft to use the TV White Space technology to ensure seamless digital banking in rural areas, where connectivity can be an issue.