Federal Bank - News, Articles & Research

Company announcement/payments

Abu Dhabi's LuLu Exchange opens remittance corridor to India with Federal Bank and Ripple

In a boost to UAE’s cross-border payments sector, LuLu Exchange – a leading Abu Dhabi based financial services provider, has partnered with Federal Bank and Ripple – the leading provider of enterprise blockchain solutions for global payments, to enhance real-time payments made into the Indian corridor.

28 January 2021

News/security

Sibos 2020: A mindful shift to operational resilience is required in a post-Covid world

2020 has been a sharp reminder that unprecedented events can result in abrupt, yet long-term change and every industry must adapt to keep pace. The challenges facing banks are continuing to mount and financial institutions are being forced to deal with a deteriorating geopolitical environment, an explosion in cyber-crime and the expansion in regulatory oversight, as discussed in Sibos day three session ‘Risk management: The world of worries’.

07 October 2020

Company announcement/payments

India's Federal Bank signs with Fiserv for card processing

Federal Bank (NSE: FEDERALBNK), a leading private sector bank in India, has chosen Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to enable the digitization of the bank’s end-to-end card issuance and processing cycle, and support the launch of the Federal Bank credit card.

13 August 2020

Company announcement/security

Federal Bank of India combats card and merchant fraud with support from ACI Worldwide

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that India’s Federal Bank is leveraging its UP Payments Risk Management solution to identify fraudulent card activity, mitigate losses and enhance customer relationships.

11 June 2020

Company announcement/payments

Federal Bank deploys mobile ATM service in Chennai and Mumbai

Federal Bank launched mobile ATM facility in Chennai and Mumbai cities.

20 April 2020

Company announcement

India's Federal Bank to use Ripple for cross-border remittances

This is to inform Federal Bank has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross border remittance through its network.

01 April 2019