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Lack of awareness, bank deposit fee hinder mWallet India growth

Last Updated: Sunday, June 29, 2014, 12:47

Lack of awareness of mWallet services and fees imposed by banks on firms offering them continue to curtail the growth of the globally multi-billion dollar segment.

Airtel ties up with African telecom operators

Last Updated: Thursday, June 05, 2014, 14:55

The service, mobile money transfer, is expected to begin this month, Bharti Airtel said in a statement.

UAE bank introduces service for speedy money transfer to India

Last Updated: Monday, May 05, 2014, 14:47

UAE-based bank 'Emirates NBD' has launched 'DirectRemit' service which would, among other things, enable customers to speedily transfer money to other banks in India.

Russia says JPMorgan ''illegally'' blocked embassy money transfer

Last Updated: Wednesday, April 02, 2014, 07:52

Russia accused US bank JPMorgan on Tuesday of "illegally" blocking a payment from one of its embassies to an insurance agency "under the pretext of anti-Russian sanctions."

New software to curb online banking frauds

Last Updated: Wednesday, February 26, 2014, 13:13

Have you ever been a victim of an online money transfer fraud? Read this.

2 sent to 14 days` judicial custody in illegal money transfer case

Last Updated: Wednesday, November 27, 2013, 23:58

Two persons arrested from Karnataka on the basis of statement given by the woman kingpin of an illegal money transaction network being run here under the guidance of Pakistani agencies were today remanded to 14 days` judicial custody by a district court.

Vodafone, ICICI launch M-Pesa money transfer service in Bihar

Last Updated: Tuesday, August 06, 2013, 16:30

"The 'M-Pesa' service launched in December last year is available across 32 districts and 250 tehsils in Bihar at present," Suresh Sethi, Business head-M-Pesa, Vodafone, told reporters here on Tuesday.

Fraudulent money transfer: HC asks PNB to deposit Rs 45 lakh

Last Updated: Sunday, June 23, 2013, 19:45

The Delhi High Court has asked a nationalised bank to deposit with it Rs 45 lakh, awarded as damage in an illegal fund transfer case, till the final disposal of its appeal.

Sibal calls for fee waiver on money transfer for BPL families

Last Updated: Thursday, November 15, 2012, 16:30

Department of Posts with BSNL announced launch of Mobile Money Transfer scheme in Delhi, Bihar, Punjab and Kerala.

Vodafone, ICICI launch mobile money transfer service

Last Updated: Thursday, November 08, 2012, 22:27

Telecom major Vodafone India Thursday said it has joined hands with ICICI Bank to launch a mobile money transfer and payment service.

Muthoot Finance aims to double money transfer payouts

Last Updated: Tuesday, August 14, 2012, 16:12

Money transfer player Muthoot Finance Ltd, which accounted for two million payouts to customers last year, aims to double it by next year, a top company official said on Tuesday.

Odisha: Executives held for illegal money transfers

Last Updated: Saturday, August 04, 2012, 11:38

Four senior officials of a private financial management company have been arrested for their involvement in illegal money circulation in the state.