Indian financial service enterprises registered losses of Rs 6.9 crore on an average due to security breaches every year.

Obopay, along with Yes Bank, was conferred with the award under the ‘Best Multi-channel Capability Project’ category, which was Deepak Chandnani, CEO, Obopay

The company has signed a 5 year strategic contract to drive Canara Bank’s Regional Rural Bank (RRB) initiative which aims to integrate around 900 branches and offices in a phased manner

The tie-up is expected to promote seamless branchless banking, cross-border and domestic remittances via a mobile handset

In 2010, 38% mobile users have made purchases over mobile devices, which is up from 8% in 2008

South Asian countries including India are characterized by low mobile penetration rate, and have presence of cluster of operators. These markets, under growth phase, are experiencing a downward pressure on average revenue per user (ARPU)....

mChek, a mobile banking and payments service provider, today announced that Silicon Dr. Naren Gupta, managing partner of Nexus Venture Partners has joined the board of directors of the company.The company also announced that Nexus Venture...

Tatarang Software Technologies, which is known for its payment solutions to banks, has forayed into mobile banking with the launch of Mobile Wallet. According to V Rama Kumar, Chairman & CEO, "Mobile Wallet is a plug-and-play ...

Roamware Inc. has completed the acquisition of Macalla Software Ltd, a developer of mobile financial services (MFS) solutions. Macalla's m-commerce and mobile banking solutions are being used by banks and operators around the world. These...

PoS terminals, having gained significance acceptance in urban cities, are now ready to make it tie-2 and tier-3 cities. New POS terminals, apart from the traditional use of digital payment will offer a gamut of value added services through...