Search Results for: e banking

Is virtual currency popularity built on Banking inefficiency?

The exploding popularity of Bitcoins and other crypto currency is a matter of concern and intrigue for all economists. One of the USPs of the Bitcoins for example is the ability to move it from one holder to another holder … Continue reading

Posted in bitcoin, Cyber Law | Leave a comment

Future of ATM banking in India

Yesterday’s physical attack on an ATM customer at Bangalore should be an eye opener for all security professionals who are interested in security as well as Bank professionals who are promoting for increased use of ATM as a customer service … Continue reading

Posted in Bank, Cyber Crime, RBI | Leave a comment

Facebook Banking application from ICICI Bank

The ICICI Bank application on Face Book that facilitates money transfers to “Friends” is reported to have the following functionality. The application is called “Pockets” -Split & Share that allows customers to split and track expenses and share them with … Continue reading

Posted in Bank | Leave a comment

Can we believe that RBI inadvertently missed a Banking license applicant?

In what appears to be a big joke, it is reported that RBI inadvertently missed announcing the name of the Chandigarh based “KC Land &Finance” as one of the applicants to Banking license which it announced with fanfare on July … Continue reading

Posted in Cyber Law | Leave a comment

New Banking Licensees- Beware of IT Companies who want to trap you.

RBI has now invited applications for new banking license from private sector which has attracted 26 aspirants to make an application. Many of these are thinking of building their Banking empire on the edifice of technology. Already, Indian Banking system … Continue reading

Posted in Bank, Cyber Crime, RBI | Tagged , , , , , , , | 1 Comment

New Banking Licenses in India

The recent decision of RBI to  invite fresh applications for new Banking licenses have evoked response from 26 applicants. The undersigned who joined the Banking industry in 1973 and has been in working in the industry upto 1987 and later … Continue reading

Posted in Bank, RBI | Tagged , , , , , , , | Leave a comment