Search Results for: e banking

JPC Recommendations on SWIFT Alternative: Out of scope and Disruptive of Global Economic System

One of the surprising inclusions in the recommendations of the JPC on PDPB is related to the SWIFT network.  The recommendation 8 states “The Committee observe that data protection in the financial sector is a matter of genuine concern worldwide, … Continue reading

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Modi is set to become a global hero as the war on Bitcoin about to end

One of the major wars that Mr Narendra Modi has been fighting is the war against corruption. The demonetization was one such effort which flushed out the enormous amount of fake currency that Pakistan had pumped in. However either due … Continue reading

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To All Chairpersons of Banks in India: Beware..Bitcoin lobby wants you to violate AML regulations

To All Chairpersons Banks in India Dear Sirs It has been reported in the media as if RBI has granted a new relief to the Bitcoin community by stating that  “Banks should not quote the 2018 circular” for not allowing Banking … Continue reading

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We need to ban Bitcoins. But Do we need a Digital Rupee?

The new law set to be passed in the Parliament as “Banning of Crypto Currency and Regulation of Official Digital Currency Act 2019” is designed to ban Bitcoin and other privately managed crypto currencies. However the law may permit the … Continue reading

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RSA.COM remains silent

In continuation of the report of the incident of illegal blocking of Naavi.org on 17th January 2021, I would like to inform the readers of Naav.org that Union Bank of India has expressed regrets for the incident. A senior executive … Continue reading

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Union Bank and RSA Fiasco

Today, I woke up in the morning to see the following email from my hosting service provider The Email suggested that a Phishing Script has been hosted at www.naavi.org in its article on Union bank published on January 14, 2021 … Continue reading

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