Search Results for: bank

India has reportedly completed its diplomatic negotiations and formalities to ensure that Switzerland will automatically share the details of Bank accounts opened by Indian nationals in that country with Indian authorities so that numbered Swiss Bank accounts can no longer … Continue reading →

The Aadhar based payment system which is meant to capture the biometrics and initiate banking transactions is being pushed for implementation by June 30, 2017. However, we request the authorities not to stand on false egos and try to introduce … Continue reading →

When Aadhar was in its initial stages, whenever security issues were raised with Mr Nandan Nilekani, he used to assure that Aadhar is not a “Card” but it is only a data base. Information in aadhar database never travels across … Continue reading →

In January 2017, an interim report of the NITI Ayog Committee of Chief Ministers on digital payments recommended  To ensure wide-scale adoption of AEPS and Aadhaar Pay, banks need to be mandated to complete Aadhaar seeding of all their customers … Continue reading →

The recent ransom ware attacks with  Wanna Cry have woken up the Indian corporate sector  to the needs of having Cyber Insurance as a means of recovering the losses arising out of such attacks. I refer to the article in … Continue reading →

Naavi.org has been maintaining that Bitcoins is a menace to the civilized society and India should ban it. We have given our logic through a series of articles in this site. We have also made a note that many of … Continue reading →