APN News

  • Sunday, March, 2021| Today's Market | Current Time: 04:49:21
  • Wallter CEO: Open banking, blockchain, and cryptocurrencies are the future of the banking industry

    In a recent interview with Finbold.com, a cross-border payment firm, Wallter.com chief executive officer Isaac T. Armoni talked about the banking sector’s future trends. Armoni notes that more focus will be on open banking, blockchain, and cryptocurrencies. Armoni also issued a bullish outlook for cryptocurrencies stating they are here to stay. Armoni cited the entry […]

    Omdia Research recognizes Comviva’s mobiquity® Banking Suite as a key Digital Banking Platform

    New Delhi: Omdia, formerly Ovum, one of the world’s leading research and consultancy company, has featured Comviva’s mobiquity® Banking Suite as one of the key Digital Banking Platform globally in its recently launched report Omdia Universe: Selecting a Digital Banking Platform, 2020–21. Comviva has been ranked high on “customer experience” and its mobiquity® Banking Suite […]

    Benchmark domestic stocks surge around two and a half per cent

    Benchmark domestic stocks today surged around two and half per cent. The BSE Sensex and the NSE Nifty climbed amid positive Asian market cues. The Sensex close above 49,500 mark while the Nifty settled above 14,600 level. The Sensex gained 1,197 points, or 2.46 per cent, up at 49,798. The NSE Nifty also jumped 367 […]

    Bank of India rolls out Visa Signature International Contactless Debit Card

    Mumbai,: Bank of India (BOI) has rolled out Visa Signature International Contactless Debit Card for its customers in both metal and plastic variants. With introduction of this new debit card, BOI customers shall enjoy higher per day spending limit of Rs 5.00 lacs at PoS, Rs.2.00 Lakhs for e-commerce transaction, Rs 1.00 lakh cash withdrawal […]

    SBM Bank India and StashFin to Launch Contactless Prepaid Cards

    Mumbai: Singapore-based neobanking startup StashFin and SBM Bank India, announced the launch of their co-branded contactless prepaid cards. Designed through collaboration, these prepaid cards will boost access to credit for underbanked consumers. With this launch, the innovation and technology-led business partnership is set to bridge the growing credit gap in India. The Visa powered card […]

    ICICI Home Finance eases home loan norms for regularised colonies in Delhi NCR

    New Delhi: ICICI Home Finance Company (ICICI HFC) is now offering affordable home loans for customers seeking to purchase homes in regularised colonies of Delhi NCR such as Laxmi Nagar, Uttam Nagar, Krishna Nagar, Pitampura among others shortlisted by ICICIHFC. This latest offering is in line with the Government’s regularisation in its bid to create […]

    Four Top US Banks Released $6 Billion from Loan Provision Reserves in Q4 2020

    Over the first three quarters of 2020, loan loss reserves were a significant drag on banks’ earnings. However, with negative provisioning accelerating during Q4 2020, the top banks in the US received a boost in earnings. According to the research data analyzed and published by Finaria, four of the largest US banks reported an aggregate […]

    Launch of ‘Airtel Safe Pay’ – India’s safest way to pay digitally

    Hyderabad: To protect Airtel customers from the growing incidents of online payment frauds, Airtel Payments Bank today launched ‘Airtel Safe Pay’ – India’s safest mode for making digital payments. With ‘Airtel Safe Pay’, Airtel customers making UPI or Netbanking based payments through Airtel Payments Bank, no longer have to worry about money leaving their accounts […]

    Paytm Payments Bank account holders can now avail fixed deposit services from Suryoday Bank

    Mumbai: India’s homegrown Paytm Payments Bank Ltd (PPBL) has today announced its partnership with Suryoday Small Finance Bank to facilitate fixed deposit services to its account holders. The payments bank has already been offering fixed deposits service in collaboration with IndusInd Bank with a minimum investment of Rs. 100. With this new partnership, PPBL has […]

    Tide, UK’s leading business banking fintech picks India for its first overseas foray

    Hyderabad: Tide, the UK’s leading business banking fintech has chosen India for its first overseas foray with a test launch slated for the first quarter of 2021, with a wider national roll-out later in 2021. Tide has already incorporated a local subsidiary for the launch with the India CEO & commercial team being based out […]