SBI UPI users alert! Important message for State Bank of India customers
SBI on January 8 had issued a notice that it is going to upgrade the UPI platform to give a better experience to its customers.
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Updated: Jan 9, 2021, 03:44 PM IST
On January 8, the State Bank of India (SBI) had issued a notice that it is going to upgrade the Unified Payment Interface (UPI) platform to give a better experience to its existing and new customers. The notice says that during the upgrade activity, the customer may face some issues related to UPI.
The bank suggested the use of other alternative platforms like YONO, YONO Lite, or net banking until the system gets upgraded.
INKA Entworks to support Indian data localization for fintech companies
Jan. 07, 2021 at 2:36 pm
by hosting its mobile app security solution in AWS Asia Pacific (Mumbai) Region
INKA Entworks will support Indian data localization compliance requirements for fintech companies by hosting its mobile app security solution AppSealing in Amazon Web Services (AWS) Asia Pacific (Mumbai) Region. Following the European Union’s General Data Protection Regulation, governments across the world have mandated, or are evaluating regulation to exercise control over how data is stored within countries and mirrored across regions. By hosting AppSealing in AWS’s Mumbai infrastructure region, INKA Entworks now offers its global customers, operating in India, a layer of additional risk compliance and high security protection for its application.
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Three Major Banks Currently Under Contract Prepare to Launch Application in 2021
COPENHAGEN, Denmark, Dec. 22, 2020 (GLOBE NEWSWIRE) Kvanto Payment Services A/S ( Kvanto ) is pleased to announce the signing of an Agreement ( The Agreement ) with Mobileware Technology Pvt. Ltd. ( MWT ). Under the terms of the agreement, Kvanto will own 51% of MWT in India to pursue the implementation of Kvanto s payment platform combined with MWT s existing payment processing technology and customer base. MWT will represent and move Kvanto forward through the exponentially growing digital payment processing market in India.
Mobileware has implemented digital banking products in leading banks in India, including Yes Bank and Kotak Mahindra Bank. Building on Kvanto s success with its proven state-of-the-art platform and coverage that reaches over 400 banks worldwide, and Mobileware s long-standing business relationships in India, this venture s combined technology is expected to become operat
Mercator Advisory Group Releases New Research, Debit Card Trends in the Asia-Pacific Region
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Mercator Advisory Group releases a new research report that examines how financial inclusion, payment legacy, COVID-19, the regulatory environment and other influences are effecting the trends for debit cards in seven countries.
One of the 7 exhibits included in this research report
We find some interesting trends in debit card adoption in each country. Those nations that have been primarily cash based societies are moving towards mobile based solutions supported by QR codes at the point of sale at an incredible pace. BOSTON (PRWEB) December 22, 2020 Mercator Advisory Group released a new report titled Debit Card Trends in the Asia-Pacific Region and finds that debit card use in the region is far from monolithic. Countries such as Australia and Japan have some similarities to the North American debit market