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White-label ATM leader India1 eyes a slice of fintech

India1 Payments, in which ICICI Ventures has about 49% stake, is promoted by Australias Banktech group. The company plans to leverage its customer base using its white-label ATM platform by being an account aggregator and connecting those interested in small-ticket loans with the potential lender. This could earn the company a fee-based income for the concluded transactions. ....

Tamil-nadu , India , Bihar , Uttar-pradesh , Mumbai , Maharashtra , India1 , Icici-ventures , Fintech-company , Atm-services-provider , K-srinivas

India1 Payments to look beyond white label ATMs

ICICI Ventures backed IndiaOne, is poised to transform itself to become a fintech company from being the top white-label ATM services provider. While fintech businesses could take time to deliver profits, the ATM business keeps ringing in the cash. ....

Cuba , Uttar-pradesh , India , Tamil-nadu , Bihar , Central-bank , Payments-ltd , Indiaone , Srinivas , Atm , K-srinivas

Rs 90 Lakhs Hawala Cash Seized From Vehicle Near Jubilee Hills

HYDERABAD: Task force police seized Rs 89.92 lakh cash from a jeep at Road No 82 at Jubilee Hills in the morning hours of Monday. West Zone Task Force police arrested a person who reportedly told the cops that he was taking the money to deliver it to a BJP candidate contesting in the Munugode Byelection. According to the police, Kadari Srinivas of Pudur near Shamirpet was ....

Hyderabad , Andhra-pradesh , India , Tripura , Pudur , Tamil-nadu , Kadari-srinivas , Bharatiya-vidya-bhavan-school , Zone-task , Court-sends-trio , Jubilee-hills , Zone-task-force