To call the mobile-based card processing business crowded would be a slight understatement -- launching a reader is nearly an instinctual reaction for commerce outlets that see Square running away with the market. What's to stop a bank from joining the fray? Bank of America doesn't see anything wrong, as it's starting up a me-too service through Mobile Pay o... Read more
Vodafone, ICICI Bank introduce M-Pesa service Vodafone India and ICICI Bank have together rolled-out a service which will facilitate mobile money payments and transfers. The service is called as M-Pesa and will let customers in transferring mo... Read more
Gosling fantasised about robbing bank London, April 17 (IANS) Actor-director Ryan Gosling says he always wanted to rob a bank, but was scared about going to behind the bars. Gosling, who plays a small town crook in his new drama Derek C... Read more
U.S. Bank Rolls Out An NFC-Based Mobile Payments Service Cal... NFC-based mobile payments are getting another boost in the States: U.S. Bank, one of America's largest, has announced that it will begin to trial a new mobile payments service called "U.S. Bank Go Mob... Read more
US Bank intros BillPay feature for iOS and Android, lets you... Judging by recently announced projects like Go Mobile, it's quite clear that US Bank is working hard at keeping up with the mobile banking curve. With today's introduction of its new Mobile Photo Bill... Read more
Bank employees booked for forgery, fraud in Gurgaon Gurgaon, April 29 (IANS) Unidentified employees of Kotak Mahindra Bank here have been booked for forgery and cheating the bank of over Rs.3 crore, police said Monday. Employees of Kotak Mahindra's G... Read more
Bank of America brings live teller video chat to ATMs If you're having trouble splitting those ATM deposits into both your savings and offshore accounts, Bank of America is there to help -- literally. Its new ATMs with Teller Assist add real-time video c... Read more
Akimbo Lands $850K From Rackspace Co-founder & Others To Bri... With the proliferation of smartphones, we're now able to use these mobile, mini computers to do just about everything we would do on our desktop while on the go. Yet, in spite of this evolution, mobil... Read more
Delay in draft payment costs Central Bank Rs.10,000 New Delhi, June 13 (IANS) A five-day delay in encashing a demand draft has cost a nationalised bank Rs.10,000, which the state's top consumer commissioner has ordered it to pay for negligence in serv... Read more
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