Page 6 - Digital Banking

Bank of Baroda's launches one-stop digital platform 'bob World'

State-owned Bank of Baroda on Wednesday announced the launch of its digital banking platform 'bob World', aimed at providing all banking services under one roof

IPOs of India's Paytm, South Korea's Kakao reveal Gen Z's banking vision

Internet-based businesses are raising funds at a record pace, making use of the boost given by the pandemic to all things digital

Think digital, think detail to drive growth

The big question is - how will NBFCs re-align to changing customer expectations, technology developments and growing competition?

Physical bank branches will continue to play key role in rural areas

Kotak Mahindra Bank Joint Managing Director Dipak Gupta said although retail customers have adopted phygital very fast, the non-retail customers are still dealing in cash.

NIIT, Axis Bank partner to launch digital banking academy

NIIT Institute of Finance Banking and Insurance (NIIT IFBI) and Axis Bank have launched a fintech professional programme to build future-ready professionals for the private sector lender.The programme offers graduates with zero to three years of experience an opportunity to join Axis Bank as a deputy manager (IT). NIIT said the programme is immersive in nature where the learners perform tasks of similar complexity as they would face in their role."We have been working with the industry for close to four decades and are focused on delivering training programmes in line with the emerging talent requirements of the industry," said Bimaljeet Singh Bhasin, President of skills and careers business at NIIT.NIIT Ltd is a global skills and talent development company, and a leading provider of managed training services.Axis Bank is the third-largest private sector bank in India offering an entire spectrum of services to customer segments covering large and mid-corporates, SME, agriculture and ..

ICICI Bank offers digital banking solutions to corporates, their partners

The bank aims to become the preferred banking partner for companies and their entire ecosystem

India offers huge potential for digital challenger banks, says report

But currency depreciation and local regulations are concerns for foreign investors: Report

Covid-19 second wave: Digital payments drop as state impose curbs

UPI saw a 4.3 per cent dip in transaction volume and a 2.22 per cent dip in transaction value

Covid-19 second wave: Digital payments drop as state impose curbs

UPI saw a 4.3 per cent dip in transaction volume and a 2.22 per cent dip in transaction value

ICICI Bank launches digital service for retail merchants, offers credit

Lender says it aims to provide services in 'one single place' to more than 20 million retail merchants.

Retail digital payments saw strong growth in FY21 over a year earlier

Data from RBI suggest there was a slowdown in wholesale transaction value, but volume growth withstood the pandemic

Digital banking can mask risks, say CROs at Business Standard webinar

Efforts to identify key personnel risks need to increase by many notches, given the amount of investments being made in technology, and the number of digital transactions

Former Paytm executives roll out Junio, pocket money app for children

Startup raises Rs 10 cr from marquee angel investors, aims to have 5 million users in four years

Cyber security critical for digital banking success: SBI official

Cyber security is critical for the success of digital banking and banks should create the infrastructure to win customers' trust for all such transactions, a senior SBI official said on Wednesday. Digital banking or Figital is here to stay and is the future but it is equally important to safeguard the interests of all stakeholders, State Bank of India (SBI) Deputy Managing Director and Chief Digital Officer Ravindra Pandey said at a webinar. "It is important to win the customers' trust in any system. It is the objective of banks to create and win the customers' trust, such that all transactions are routed through banks as is presently done by multiple payment apps," Pandey was quoted as saying in a release issued by industry body PHD Chamber of Commerce & Industry. The official said that fintech has bought about changes in the customer mindset and it is an era of techfins rather than fintech. Digital banking has helped in enhancing customer relationship, engagement and ...

Allahabad Bank merger: Combined CBS platform a success, says Indian Bank

This is the final step in the amalgamation, with data of 3,000-plus branches and all channels of erstwhile Allahabad Bank migrating seamlessly to Indian Bank database

Over 290,000 cyber security incidents related to banking reported in 2020

Union Minister Dhotre informed the Parliament on Thursday

Banking: Yesterday, today and tomorrow

With the customer spoilt for choice, the option for the banking industry in the new decade is between going digital or dying

Faced with high growth in traffic, banks to ramp up digital capabilities

They will soon take a call on tech spending

From loan moratorium to digitisation, 2020 saw major shifts in banking

The central bank allowed a moratorium (payment holiday) on dues for six months

Best of BS Opinion: Fifty shades of media, digital dangers, and more

Here's a selection of Business Standard opinion pieces for the day