Wolters Kluwer Financial Services announced today that two multinational banks with operations in India have selected its Automated Data Flow (ADF) solution to meet the Reserve Bank of India's (RBI) regulatory reporting requirements.
Wolters Kluwer Financial Services announced today that one of the world's largest multinational banking and financial services companies has selected its Automated Data Flow (ADF) solution to meet the Reserve Bank of India's (RBI) regulatory reporting requirements.
My Mobile Payments Ltd (MMPL), a Mumbai-based mobile payment service provider, has received the RBI's go-ahead to launch financial services on mobile phones.
De La Rue is bracing for confirmation from the Reserve Bank of India that it is to move to a new consortium of printers after the UK banknote maker's contract was suspended last year due to printing irregularities
The Reserve Bank of India has published a host of recommendations for improving bank customer services, including the establishment of a shared Know-Your Customer database, the introduction of multi-factor authentication for Internet transactions and a nationwide switch to Chip and PIN-based EMV cards.
The Reserve Bank of India (RBI) has signed a $55 million deal for the implementation and maintenance of Polaris's Intellect core banking system.
In response to new Reserve Bank of India (RBI) requirements, PayPal is imposing further restrictions on its service in the country.
A Reserve Bank of India working group has called for the nation's banks to introduce two-factor authentication for online banking and recommended a move to Chip-only card transactions at the ATM and point-of-sale.
French firm Oberthur has stepped up the pressure on takeover target De La Rue, claiming the British bank note maker recently lost out on a major order from a key customer.
The Reserve Bank of India has set out aspirations for a top-to-toe overhaul of the country's payment systems, including plans for a new domestic card scheme, the creation of a mobile money network, and the introduction of a UK-styled Faster Payments system.
© Finextra Research 2013