Bank of England shows the way, others should follow
Digital security concerns have assumed greater importance amid the Modi government's efforts to steer India towards a less-cash, digital economy
2017 saw banks worldwide engaging in both technology investments and new tech offerings
Of the 48% who don't have a digital banking app, one-fourth feel electronic transactions are unsafe
There have been many steps to discourage cash transactions and promote digital banking transactions
There is an excess of Rs 5 lakh crore cash in circulation which is "neither required nor desirable"
From using Aadhaar cards for withdrawals to mobile-only solutions, new offerings by banks are changing the way you transact