June 26, 2020 4:00 pm
Pioneered by Vodafone’s Nairobi-based Safaricom Plc in 2007, mobile money has become an indispensable part of how Africa’s 1.2 billion people pay for goods and services, buy funeral cover or borrow money, without a smartphone.
February 28, 2020 6:30 pm
Most transactions in volume and value took place in October 2019, during Diwali.
January 15, 2018 5:30 pm
After QuickHeal detected malware affecting over 200 banking apps worlwide, ICICI Bank, among one of the victims, has claimed that the malware's effects aren't significant.
January 19, 2015 1:03 am
Over last two years, transaction values have shot up 11-fold
August 26, 2012 12:32 pm
Sebi plans to allow investors to make payments for IPOs through ATM,credit cards,as also via mobile.
May 16, 2012 2:33 pm
Bharti Airtel customers will now be able to open no-frills savings account in Axis Bank through their mobiles and will be able to carry out transactions such as cash deposits,transfers and withdrawals.
September 27, 2010 4:30 pm
Bankers in India are optimistic about reaching out to un-banked sections of society through mobile phones.
July 02, 2010 2:15 am
Money-loaded mobiles will now be able to send and receive payments without a bank account,debit or credit card. You can now simply transfer money with the ease of making an SMS or call from the mobile.
June 21, 2010 2:52 am
The Trai will deal with all interconnection issues while RBI will look into banking aspects
November 02, 2009 10:58 pm
Automated Teller Machines or ATMs,as they are commonly known,have added tremendous value to the banking experience of customers.


