Search Results for: e banking

Customers of State Bank of India Beware… Your risks have gone up!

On the International Women’s Day, the Board of SBI has just announced what could be considered as an unwise move to allow women workers to work from home for one year. (As per news reports) Is this a goodwill move … Continue reading

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Tweaking the MDR charges …Watal Committee recommendations…3

This is a continuation of the discussions on the Watal Committee Report Encouraging increased use of electronic modes of transactions was one of the objectives pursued by the Watal Committee. In this direction the committee considered the transaction cost structure … Continue reading

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Life after Demonetization

After the demonetization of Rs 500 and Rs 1000 currency on November 8, 2016, we have all been discussing cashless and less cash digital payment systems. Presently there are several options beyond the Cheques, NEFT, RTGS ,IMPS as well as … Continue reading

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Why I think Mobile Wallets will not Die..but evolve

Recently there is some discussion on whether in the current context of multiple digital payment systems being in place, the “Mobile Wallets” have lost their relevance. Economic Times carried an article recently  which declared “Here is why the flavour of … Continue reading

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“Banks to report security breaches in two hours?”..Is it a Joke? or Fake News?

A report in the times group of papers today, it was stated that the Government has mandated that Banks need to report “Breaches” in their systems within 2 hours to the Government. TOI in its article titled “Government asks banks … Continue reading

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How Ze-Mo Coupons can address the issue of currency shortage after December 31st

Around 2003, the undersigned had come up with a solution named “Digital Value Imprinted Instrument System” (DVIIS). This was a “Brick and Click” solution to many of the problems of physical instruments which have a monetary value including “Currency”, “Stamps”, … Continue reading

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