The Aadhaar Enabled Payment System is developed by NPCI that allows people to carry out financial transactions by furnishing just their Aadhaar number and verifying it with the help of their fingerprint/iris scan. Any bank customer who has their Aadhaar as their identity can access their respective Aadhaar-enabled bank account and perform basic banking transactions […]
New Delhi: In a major flip to Meta CEO Mark Zuckerberg to make deeper inroads into the Indian digital payments ecosystem, the National Payments Corporation of India (NPCI) has approved an additional 60 million users on unified payments interface (UPI) for WhatsApp. With this approval, WhatsApp will now be able to expand the service to […]
Hyderabad: Telangana topped the country in creating the best business environment, according to the NITI Aayog’s second edition of Export Preparedness Index (EPI)-2021. A robust business environment attracts investment in any region. In this category, Telangana has shown the best performance with a score of 100, while neighbouring Andhra Pradesh scored 99.61 and Gujarat 99.5. […]
Covering 5,314 households across 25 states with a sample designed to represent states and households across the income spectrum, the survey was aimed at understanding the awareness, adoption and use behaviour
Speaking at RAISE 2020 event, Dilip Asbe said that financial services are fairly rule-based now and the industry has started looking at AI in a fairly good manner.