Tokenization can ensure better security for both customers and digital payment platforms for transactions, believe fintech owners.
The Merchant Payments Alliance of India (MPAI) and the Alliance of Digital India Foundation (ADIF) have requested RBI to postpone the implementation of the tokenisation process, citing operational challenges.
Big-ticket purchases on EMIs will cost more as leading lenders add processing fees to the transaction. Young shoppers may defer purchase or opt for other options.
Credit cards often come with accident insurance, travel insurance, credit insurance, purchase protection, and life insurance .
RBI had instituted an eight-month ban on HDFC from issuing new credit cards in December 2020, the move is aimed at reviving the lost ground due to the ban
The Reserve Bank of India barred Mastercard from onboarding new customers after the latter failed to comply with data storage norms.
Ashwini Kumar Tewari, Managing Director, SBI welcomed Amara as the MD & CEO of SBI Card.
The direction comes in light of outages in the bank's internet banking and payment system over the past two years.
74 spam Facebook groups have been discovered, that were involved in trading of stolen bank/ credit card information, account credentials, email spamming tools and services, with names such as ‘Spam Professional’ and ‘Hacker Professional.’
The company did not dispute the fine, saying "Mastercard sees the closure of this anti-trust chapter as an important milestone for the company."
Confederation of All India Traders (CAIT) secretary general Praveen Khandelwal said the government needs to encourage use of debit and credit cards.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.