Search Results for: e banking

The Reliance Jio-Big Data Push and Infosec concerns

The Reliance Jio launch on 5th September 2016 will start a new era in Mobile industry in India. The “Mobile” as a concept was a replacement to the phone and the initial positioning of the device was as an “Instrument … Continue reading

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The Unified Interface App goes live

In what can be termed as a milestone in the e-banking scenario in India, the Unified Interface app on mobile that can provide access to multiple bank accounts of a customer on a single mobile platform has gone live. The … Continue reading

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If You are a Bank Director.. Your Independence Day Resolution Should be…

I draw the attention of all the individuals who hold the position of a Director in any of the Scheduled Commercial Banks in India including RRBs as well as Cooperative Banks about the new responsibility thrust on them by RBI … Continue reading

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What is Negligence of the Customer under RBI’s circular on Limited Customer Liability?

At the cost of repetition, we must congratulate RBI on its recent circular of August 11, on Customer Service in which they have proposed that customer’s liability on cyber frauds should be limited. Presently, a draft circular has been issued … Continue reading

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Limited Customer Liability on Bank Frauds.. Your Comments solicited by RBI

In a long awaited but highly welcome move, RBI has released a “Draft Circular” for public comments on “Limited Liability” for customers in case of frauds in Internet Banking and Card transactions. Suggestions/comments, if any, on the Draft Circular may be … Continue reading

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Cyber Security Framework and Directors of Banks- An Action Plan..for Now..

The Cyber Security Framework (CSF-2016) proposed by RBI to be implemented by Banks has posed a stiff challenge to the community of Bank Directors. After the lukewarm response to its previous guidelines including the E Banking Security Guidelines (GGWG Recommendations) … Continue reading

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