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Kotak Mahindra Bank: RBI bars Kotak Bank from adding customers digitally

The Reserve Bank of India (RBI) has imposed strict restrictions on Kotak Mahindra Bank, a third-most valued private bank in India, for failing to fix its IT systems over the past two years. The bank was asked to stop functions cited "with immediate effect" and assured customers that there would be no interruption to services. Kotak Mahindra Bank has taken measures to strengthen its IT systems and will continue to work with the RBI to resolve balance issues at the earliest.

India , Baroda , Gujarat , Ashok-vaswani , Dipak-gupta , Jay-kotak , Uday-kotak , Bars-kotak-bank , Kotak-mahindra-bank , Customers-digitally-et-bureau , Paytm-payments-bank , Reserve-bank

Brexit Britain wants to be the snooping capital of the West

As the EU sets limits on facial recognition, British ministers are preparing a major expansion of the controversial technology.

Denmark , United-kingdom , London , City-of , British , Britain , Fraser-sampson , Geoff-caddick , Tolga-akmen , Joseph-bambridge , Justin-tallis , Thomas-jensen

FastSpring adopts Pix for SaaS payments with Ebanx

The leading merchant of record for global SaaS and software companies, FastSpring and EBANX, a global technology company specializing in payments for rising markets, announce today a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix.

Brazil , United-states , American , America , Brazilian , Gregory-cornwell , Business-development , Central-bank , Latin-america , Beyond-borders , Latin-american , Dan-garcia

Design Week - online design magazine

The UK’s leading online design magazine. Bringing you latest news and inspiration across graphics, branding, interiors, digital, product, furniture.

Camille-baker , Design , News , Magazine , Inspiration , Branding , Graphics , Interiors , Furniture , Products , Digital

QI Tech becomes new LatAm fintech unicorn in Series B exttension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Pedro-mac-dowell , Luiz-ribeiro , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

Double Innovation Digital Whammy for City of Glasgow College

City of Glasgow College (CoGC) is a beacon of further, higher education and vocational training. It is unsurprising therefore, that they secured achieve...

Glasgow , Glasgow-city , United-kingdom , Scotland , Sam-medhat , Stuart-mcdowall , Michelle-medhat , Corporate-development , Leica , Knowledge-exchange , Institute-of-innovation , City-of-glasgow-college

QI Tech becomes new LatAm fintech unicorn in Series B extension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Luiz-ribeiro , Pedro-mac-dowell , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

20 centres across Karnataka and counting

Bengaluru-based Usha Digital wants to establish a digital print facility at every three km range in the Bengaluru city and one facility in key districts of the State.Towards this goal, the company invested in eight Ricoh ProC7500 presses from Monotech Systems. BH Srinivas of Usha shares his company’s vision with Rahul Kumar

India , Spain , Bangalore , Karnataka , United-states , Mysuru , Jalahalli , Hubballi , Gulbarga , Bengaluru , Arpitha-sriniva , Arpitha-srinivas-sriniva