News WrapGet Handpicked Stories from our editors directly to your mailbox

Mobile banking

Malware designed to steal money from banks grew 60% in Q1

Mobile banking Trojans are one of the most rapidly-developing, flexible and dangerous types of malware, said the report from cyber security firm Kaspersky Lab.

May 25, 2019, 13:36 PM IST

Govt asks banks to enable m-banking for all by March 31

Mobile number seeding and enabling the same for m-banking are a pre-requisite for making mobile payments.

Mar 03, 2017, 18:39 PM IST

Turn your mobile phone into your bank, wallet in these easy steps

Nowadays most people have smartphones and these can be conveniently converted into wallets.

Dec 04, 2016, 06:56 AM IST

Demonetisation: PM Modi pushes for use of mobiles to deal with cash crunch

Pushing for mobile banking to deal with problems arising out of demonetisation, Prime Minister Narendra Modi on Friday asked the people to let their mobile phones serve as a bank branch to deal with corruption and black money.

Nov 25, 2016, 15:44 PM IST

DNA: Sweden on track to becoming first cashless nation!

Sweden is on track to becoming the world's first cashless society, thanks to the country's embrace of information techology as well as a crackdown on organised crime and terror, according to a new

Oct 20, 2015, 23:01 PM IST

DBS to soft launch mobile banking in India

Singapore's DBS bank which has branches in major cities of India will soft launch its digital/mobile online banking in the country this week, a top official of the bank said Monday.

Aug 24, 2015, 16:37 PM IST

'India, China witness uptrend in mobile banking'

Mobile banking has risen significantly in emerging market economies like India and China and the number of such users globally is expected to double in the next four years, a KMPG and UBS research says.

Aug 10, 2015, 17:07 PM IST

HDFC Bank sees mobile banking overtaking net banking next year

"Usage of mobiles has been growing rapidly and outpacing the growth of the Internet transactions. We feel next year it will overtake Internet banking," its head of digital banking Nitin Chugh told reporters here.

Jul 02, 2015, 18:34 PM IST

SBI eyes top slot in mobile banking with focus on corporates

Bhattacharya said the lender ranks at top in mobile banking in terms of number of transactions done but in terms of volumes it is still at third or fourth position.

Jun 30, 2015, 23:43 PM IST

Aadhaar to be used as 'digital identity' for mobile banking

The union government under its ambitious 'Digital India' programme has decided to use the Aadhaar number as a "digital identity" for the purpose of mobile banking.

Jan 30, 2015, 22:20 PM IST

RBI asks banks to adopt easy norms for m-banking registration

The RBI Thursday asked banks to make registration process for mobile banking services easy and activate services at the earliest to expand the reach of mobile banking in the country.

Dec 04, 2014, 21:11 PM IST

SBI accounts for half of mobile transactions: RBI

State Bank of India's (SBI) account holders undertook 52,27,782 transactions using their mobile phones involving Rs 546.34 crore in value in June, RBI said in data released Thursday.

Sep 18, 2014, 13:34 PM IST

Modi will launch financial inclusion campaign: Jaitley

Prime Minister Narendra Modi will launch the government's campaign for financial inclusion to ensure that 7.5 crore households that do not have access to banking have at least two accounts.

Jul 31, 2014, 15:25 PM IST

India yet to tap potential of mBanking: Report

Only a quarter of Indian adults have either an active bank account or an active mobile money account.

Jul 04, 2014, 20:10 PM IST

Trai writes to FM for pushing mobile banking services

Telecom regulator Trai on Tuesday said it has written to the Finance Ministry seeking that banks be asked to move forward on mobile banking so as to promote financial inclusion across the country.

Feb 04, 2014, 16:07 PM IST

RBI says mobile banking has miles to go to reach traction

The Reserve Bank has expressed its disappointment over the lower-than-expected spread of mobile banking in the country saying the awareness levels of this tool has been wanting.

Jan 01, 2014, 20:27 PM IST

TRAI prescribes tariff for USSD-based mobile banking services

Aiming to promote use of mobile banking services across India, telecom regulator TRAI has come out with guidelines and tariff on unstructured supplementary service data (USSD)-based mobile banking services.

Nov 27, 2013, 17:48 PM IST

RBI explores SMS-based mobile banking on all types of handsets

The Reserve Bank is exploring the possibility of providing SMS-based mobile banking on all types of handsets and has formed a committee to consider the feasibility of such a facility.

Oct 09, 2013, 21:01 PM IST

TRAI seeks comments on USSD-based mobile banking services

USSD is a technology used by telecom players to send alerts to their users.

Sep 23, 2013, 17:57 PM IST

SBI welcomes RBI Guv Rajan's focus on mobile banking

Terming it as a "game changer", a State Bank of India report has welcomed Reserve Bank Governor Raghuram Rajan's stated focus on deepening the penetration of mobile banking.

Sep 09, 2013, 19:22 PM IST