DIGITAL BANKING Archive
Unified Payment Interface (UPI): A Digital Banking Catalyst
Unified Payment Interface (UPI) is an outstanding payment system that has evolved as the backbone of digital banking in India. UPI allows the user to transfer funds money from his account to that of the payee in
Digital Banking: Opportunities and Challenges
Digital Banking, over a period has revolutionized banking and has moved beyond internet banking. Digital Banking today enables a bank to have a 360 degree interaction with the customer. Technology has played a pivotal role in this
First Cryptocurrency Kiosk in India installed by Unicoin
Cryptocurrency exchange Unocoin has installed the first cryptocurrency kiosk in India to enable Indians to buy and sell cryptocurrencies including bitcoins. The kiosk has been unveiled in Kemp Fort Mall in Bengaluru. M/s Unocoin Technologies Pvt Ltd
Bitcoin – Recent Trends
Bitcoin has been attracting headline for sometimes now. There have been advocates and opponents for the bitcoin. The value of bitcoin has seen both fast upward moves and dangerous downfall, in the recent past. What is
Tez: Google Payment App
Tez is the Unified Payments Interface (UPI) based digital payment service launched by Google. It was launched o 18 September 20017. Tez means speed in Urdu.To capture a major share of the digital payment market in India,
Digital Banking: Definition and Evolution
Digital banking is a term that conveys different meaning to different stakeholders. For customers, digital banking means enjoying the benefits of innovation and convenience. For financial institutions including banks, digital banking is better customer satisfaction, more business
Digital Banking: Different Channels, Objectives and Advantages
Digital banking is the process of ensuring customer delight by offering various services and products through digital channels. Digital Banking: Definition and Evolution What are the objectives of digital banking? By offering digital banking facility, banks aim
National Payments Corporation of India (NPCI)
National Payments Corporation of India (NPCI) is an organisation promoted by ten banks with the objective of stimulating and integrating digital payment system in India. The Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) extend