Sunday, Sep 19, 2021

Digital Payments /Digital Banking

Bank Holiday Alert: Banks To Remain Closed On These Dates Until July 31; Check Your Region

Jul 13, 2021 Outlook Web Bureau

Here’s a list of days when banks will remain closed this month in various states:

Holiday Alert: Banks To Remain Closed For 15 Days In July 2021; Check Your Region

Jun 28, 2021 Outlook Web Bureau

Banking activities and holidays may differ in different states and from bank to bank.

Delhi HC Rejects PhonePe’s Plea Against BharatPe For Using 'Pe'

The Delhi High Court refused to pass an interim injunction order against "BharatPe" while holding that its mark was not in violation of the trademark held by “PhonePe”.

Google Pay To Give Users More Control Over Their Data

Mar 11, 2021 PTI

Google Pay is rolling out an update to the app from next week that will provide users with more controls to decide how their Google Pay activity is used to personalise features within the app.

Paytm To Equip 50 Lakh Merchants With IoT Devices To Ease Payments Acceptance

Paytm had recently announced that it has achieved over 1.2 billion monthly transactions led by the massive growth in offline payments and financial services.

19 January, 2021

How Cloud Can Rescue India’s Banking Sector From Post-Covid Slump

Ciaran Chu

In 2021, cloud will power vital infrastructure for India’s banking and payments sector, enabling agility, improved remote collaboration and faster application development and deployment.

16 December, 2020

With This New Feature, You Can Now Make Payments On WhatsApp

Outlook Web Bureau

With 'WhatsApp Pay' users will be able to make UPI payments using WhatsApp.

05 October, 2020

Absolute Digital Monopoly, Corrupts Absolutely

Dr Jaijit Bhattacharya

Imagine if Google stops its Map services in India, It will destroy billions of dollars’ worth of businesses built in India over Google Maps, and make millions of drivers of aggregated cab services jobless and have severe repercussions on the economy per se. This is the high time, we must develop anything of our own.

16 September, 2020

Digital Banking Will Be The Future Of Banking Post Corona Pandemic

Srivatsa Subbanna

Customers now expect banks to maximize digital interactions and come up with digital alternatives for their day-to-day banking needs as they are now more open to trying out a new app than they were before the COVID-19 pandemic.

17 July, 2020

Cash No King Anymore: Covid Pandemic Has Accelerated Adoption Of Digital Payments

Manas J Sharma

Given the fact that Coronavirus can sustain on various surfaces for several hours, bank notes going through rapid change of hands during a day could turn out to be a serious health hazard. The risk could be even more pronounced on the coins in circulation.

30 April, 2020

Reliance Jio-Facebook Deal Is A Game Changer For India’s Digital Ecosystem

Vinod Dham

The deal is a win-win situation for both Facebook and Reliance and a big win for fulfilling PM Narendra Modi’s vision of digital payment adoption, writes Vinod Dham.

28 December, 2019

No MDR Charges Applicable On Payment Via RuPay, UPI From 2020: Nirmala Sitharaman


Homegrown digital payment medium like RuPay and BHIM UPI will now have edge over the payment gateway promoted by foreign companies.

06 June, 2019

RBI Removes RTGS/NEFT Transactions Charges, Asks Banks To Pass On Benefits

Outlook Web Bureau

The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT) System is used for fund transfers up to Rs 2 lakh.

08 January, 2019

Nandan Nilekani To Head 5-Member RBI Panel To Boost Digital Payments

Outlook Web Bureau

Besides Nilekani, other members of the panel are former RBI deputy governor H R Khan, former MD and CEO of Vijaya Bank Kishore Sansi and former secretary in ministries of IT and steel Aruna Sharma.

14 October, 2018

US Senators Write To PM Modi, Urge Softening India's Stance On Data Localisation Policy

Outlook Web Bureau

In a letter to PM Modi dated Friday, US Sentors John Cornyn and Mark Warner -- who also hold top leadership positions in their own parties -- have opposed the data localisation requirement of the Indian government.

28 August, 2018

Google Tez Renamed As Google Pay, App To Now Offer Instant Bank Loans

Outlook Web Bureau

Tez, an app for instant money transfers in India was launched by the Google on September 2017.

17 March, 2018

As Govt Promotes Digital Transactions, Cyber Security Chief Says He 'Rarely' Uses Internet Banking Over 'Issues'

Outlook Web Bureau

Over 1,700 cases of fraud related to credit/debit card and Internet banking with the extent of losses touching Rs 71.48 crore were reported in 2017.

Photo Gallery

Police stage at a security fence ahead of a rally near the U.S. Capitol in Washington. The rally was planned by allies of former President Donald Trump and aimed at supporting the so-called "political prisoners" of the...

AP Photo/Nathan Howard

Members of an election commission listen to 82-year old Nadezhda Tredina, as they come to help her to vote during the Parliamentary elections at her house in Nikolayevka village outside Omsk, Russia. Sunday will be the...

AP Photo/Evgeniy Sofiychuk

Mexican tourists pose for a selfie in front of the wrapped Arc de Triomphe monument in Paris. The "L'Arc de Triomphe, Wrapped" project by late artist Christo and Jeanne-Claude is on view from, Sept.18 to Oct. 3, 2021....

AP Photo/Francois Mori

French acrobat Nathan Paulin walks a highline from the Eiffel Tower across the Seine River, as part of events around France for National Heritage Days Paris in Paris.

Alain Jocard, Pool via AP

Liverpool's James Milner, left, vies for the ball with Crystal Palace's Conor Gallagher during the English Premier League soccer match between Liverpool and Crystal Palace at Anfield Stadium, Liverpool, England.

AP Photo/Jon Super

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Cover Story

Class Of The Future Has India As Global Education Hub

India is poised to become a global education hub with the government introducing major policy changes

Outlook-ICARE India’s Top Universities Rankings 2021

Top 50 State Private Universities

Outlook's annual ranking of India’s top 50 State Private Universities in 2021 will help students make an informed choice.

Top 50 State Private Universities


A Patel Over Rupani: A Safer Bet in Gujarat?

Jain to Patidar. Was caste a decisive factor in the BJP’s choice for CM during the recent change of guard in Gujarat?

Bhavna Vij-Aurora
A Patel Over Rupani: A Safer Bet in Gujarat?


Taliban: What’s Next For The International Community?

With all foreign soldiers out of Afghanistan, the Taliban is now in a position to do pretty much what it wants.

Sep 13, 2021 Seema Guha

Rising Challenges Of Plagiarism In The Era Of Online Education

It can be a crucial stepping stone to develop young minds to appreciate the importance of practising honesty throughout their academic journey and lay the foundations for successful professional careers.

Sep 12, 2021 Chaitali Moitra

Vaccine Mandates Harm Long-Term Public Health

One can be pro-religion, but against coerced religion; one can be pro-vaccines, but against coercion and mandates

Sep 12, 2021 Kameswari Chebrolu

Why School In ‘The Cloud’ Will Be Our New Normal

We can do anything with the Cloud. Buy and sell, eat, cook, get our clothes, houses, cars, watch movies, read books, listen to music, talk, write, communicate, ask, create, teach, learn, heal…. Schools must prepare children for this world.

Sep 12, 2021 Sugata Mitra