Financial Transactions

S. Korea to End Transactions with Major Russian Banks under US Sanctions

SEOUL:South Korea said Tuesday it plans to suspend financial transactions with seven major Russian banks and their affiliates in a…

2 years ago

Bank of Baroda Signs MoU with NeML to Become a Clearing Bank for NeML

MUMBAI:Bank of Baroda, India’s premium public sector bank, has signed a MoU with NCDEX e Markets Ltd to become a…

3 years ago

Aceware Launches Acemoney UPI/QR and Virtual Bank

KOCHI:AcewareFintech Services, a leading fintech services company based in Kerala, has launched UPI/QR, virtual bank and 100 UPI/QR customer service…

3 years ago

Biden Calls Cuba ”Remarkable” Protests a ”Call for Freedom”

WASHINGTON:President Joe Biden on Monday called protests in Cuba “remarkable" and a “clarion call for freedom,” praising thousands of Cubans…

3 years ago

Suspected Financial Services Digital Fraud Attempts from India Rise 89%

MUMBAI:As more consumers go online for banking and other financial transactions, new research from TransUnion (NYSE: TRU) found that fraudsters…

3 years ago

Online Banking and Digital Payments Accelerates; New FIS Report Finds

MUMBAI:The COVID-19 pandemic has accelerated the adoption of digital payments in India, with 68 percent of Indian consumers now using…

3 years ago

New Year Rings in New Rules for Financial Transactions

NEW DELHI: The new year 2020 will usher in several new rules for financial transactions cutting across debit cards, PAN…

4 years ago

FinMin Revamps Tax Scrutiny Procedure to Faceless Assessment

NEW DELHI: The Finance Ministry has expanded the scope of direct tax task force to facilitate faceless tax assessment and…

5 years ago

SBI Launches Door-step Banking for Special Customers

MUMBAI: State Bank of India (SBI) - India’s largest commercial bank – launched ‘Door-step Banking’ for senior citizen customers over…

5 years ago

Digital Payments Safety Initiative by NPCI

MUMBAI: National Payments Corporation of India is at the forefront of driving digital payments to deliver a simple, secure and…

5 years ago

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