Transactions

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Transactions - Total results - 27
Understanding blockchain technology and its implications on the future of transactions
News & Analysis

Understanding blockchain technology and its implications on the future of transactions

Blockchain technology will disrupt the way we write and enforce contracts, execute transactions and maintain records.

HDFC's digital journey chronicled; Scribe Tamal Bandopadyay writes about how largest private sector lender embraced digital changes
Business

HDFC's digital journey chronicled; Scribe Tamal Bandopadyay writes about how largest private sector lender embraced digital changes

A Nike ad with the tagline ‘Make yourself’ gave HDFC's Aditya Puri the idea for ‘loans against securities’

Blockchain can benefit banks but will take a toll with reduced fees and commissions: Moody's
News & Analysis

Blockchain can benefit banks but will take a toll with reduced fees and commissions: Moody's

Banks could benefit significantly from the development and implementation of blockchain technologies in terms of enhanced efficiency, cost savings.

Websites selling bitcoins also arrange private transactions between buyers and sellers
News & Analysis

Websites selling bitcoins also arrange private transactions between buyers and sellers

LocalBitcoins.com is a popular website through which buyers and sellers advertise bitcoins, setting their own prices and conducting trades privately.

KPMG India to merge BMR's M&A and risk consulting businesses
Business

KPMG India to merge BMR's M&A and risk consulting businesses

BMR’s M&A merger with KPMG India will bring together strengths of both organisations across corporate finance, transactions tax, transaction support and risk consulting businesses

RBI rules on e-transaction frauds: Onus on customers to prove they were not careless
Business

RBI rules on e-transaction frauds: Onus on customers to prove they were not careless

The Reserve Bank should make it clear that the account holder must have been negligent in allowing a fraudster to access the payment credentials so as to absolve the bank of any liability.

Bitcoin rivals like Monero, and Dash ready to displace it as preferable currency of cybercriminals
News & Analysis

Bitcoin rivals like Monero, and Dash ready to displace it as preferable currency of cybercriminals

Bitcoin is well-entrenched as the preferred payment for cybercriminals like the WannaCry hackers who have hit more than 300,000 computers.

Society is getting closer to cash-free future: Study
News & Analysis

Society is getting closer to cash-free future: Study

More than a third of Europeans and Americans would be happy to go without cash and rely on electronic forms of payment if they could.

Narendra Modi to visit Nagpur: PM to launch biometric payment interface on Ambedkar Jayanti
India

Narendra Modi to visit Nagpur: PM to launch biometric payment interface on Ambedkar Jayanti

Prime Minister Narendra Modi would release BHIM-Adhar interface enabling digital payments using biometric data in Nagpur on Friday

We must make people aware about digital transactions for India to go cashless
News & Analysis

We must make people aware about digital transactions for India to go cashless

Financial literacy and awareness about digital transactions is paramount in rural India to make the cashless economy a reality, executives of mobile wallet-provider services said here at a panel discussion.

Slowing digital transactions nationwide threatens the 'Digital India' dream
News & Analysis

Slowing digital transactions nationwide threatens the 'Digital India' dream

The value of digital transactions nationwide declined marginally (1.5 percent) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion).

Odisha CM announces high speed broadband internet to gram panchayats in coming three years
News & Analysis

Odisha CM announces high speed broadband internet to gram panchayats in coming three years

Odisha Chief Minister Naveen Patnaik on Thursday said the state government is focusing on offering high-speed broadband internet services to the gram panchayat level in the next three years.

Government has released draft guidelines for m-wallets, smart cards and paper vouchers
News & Analysis

Government has released draft guidelines for m-wallets, smart cards and paper vouchers

The government has released draft guidelines for transactions made through prepaid payment instruments (PPIs) like mobile wallets, smart cards and paper vouchers and also sought feedback from various stakeholders.

98 percent government transactions worth Rs 6.05 lakh crore made digitally in 2016-17
News & Analysis

98 percent government transactions worth Rs 6.05 lakh crore made digitally in 2016-17

Controller General of Accounts (CGA) Archana Nigam has said that 98 percent of the total government transactions in the current fiscal, pegged at Rs 6.05 lakh crore in terms of value, have happened through the digital route.

Bank strike may hit transactions over Rs 1 lakh crore: Assocham
Business

Bank strike may hit transactions over Rs 1 lakh crore: Assocham

The all India bank strike might also impact deployment of gross bank credit worth up to Rs 1,600 crore

Bhim App, UPI powered app to be the part of 68th Republic Day Parade
News & Analysis

Bhim App, UPI powered app to be the part of 68th Republic Day Parade

The presentation of Bhim app and the underlying Unified Payment Interface (UPI) will emphasise the need to adopt technology.

State government to distribute free phones to help people carry cashless transactions in Andhra Pradesh
News & Analysis

State government to distribute free phones to help people carry cashless transactions in Andhra Pradesh

The Andhra Pradesh government is planning to distribute free mobile phones to enable economically-backward people to undertake cashless transactions in the wake of the ongoing currency crisis.

Mobile-wallet market may reach Rs 30,000 cr by 2021-22, says study
India

Mobile-wallet market may reach Rs 30,000 cr by 2021-22, says study

Consumers are skeptical about safety and security issues which is the biggest factor that hinders the growth of m-wallet market in India.

Paytm processes more than 7 million transactions worth Rs 120 crore in a day
News & Analysis

Paytm processes more than 7 million transactions worth Rs 120 crore in a day

Backed by China's Alibaba, Paytm on Monday said it has registered over 7 million transactions worth Rs 120 crore in a day after the demonetisation drive started as millions of consumers and merchants across the country are opting for mobile payments on its platform for the first time.