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SBI Initiates Mobile Banking For Rural Areas
State Bank of India unveiled its mobile banking facility for the rural areas in India. This was inaugurated by SBI Managing Director Krishna Kumar as he passed on the “Bank on Wheels” vehicle...
Be Careful The Next Time You Access Your Bank Account On Your Smartphone
Mobile devices (smartphones, tablets, etc) have become an important part of our lives. People love to be ‘connected’ on the move. In a country like India, where internet penetration is a...
Nokia Bundles Money App With Phone
Mobile Commerce is unanimously agreed to be the next big thing. It is poised to change the way we conduct day-to-day transactions. In the international arena, the launch of Google Wallet has promoted NFC...
Paymate Brings Interbank Fund Transfer To All Phones
Mobile Payment seems to be the hottest trend right now. In the past few weeks itself there have been a lot of announcements by companies ranging from Google to the Indian Postal Department taking a shot...
RCom to Offer Mobile Banking Services to SBI Customers
Reliance Communications and State Bank of India have joined hands to provide mobile banking services to SBI customers on their mobile phones. This service will provide facilities like balance inquiry,...
WATSummit Highlights : Panel 3 – Way Forward for Mobile monetization And Banking
The third panel discussion at WATSummit was on the Way Forward for Mobile monetization And Banking. The panel was moderated by Kunal Bajaj – Managing Directoy, Analysys Mason and the panelists were...
American 4B Capital Fund Picks Up 30% Stake In Eko India
Mobile banking services provider Eko India Financial Services Pvt. Ltd. has secured additional funding from 4B Capital Fund A, a Colorado-based social fund set up by 4B, a Christian charity group. The...
India To Have Encrypted SIM Cards?
As if Google’s Street View Cars’ “accidental” capturing of WiFi data wasn’t enough of a warning sign by itself. The FireSheep incident clearly showed us how dangerous it can...
Mobile, Internet Help Increase Electronic Payments In India – RBI Reports
Mobile technology, coupled with increasing internet penetration, either through computers or mobile phones, has helped increase the percentage of electronic payments as compared to paper payments as per...
Mobile Banking – Will It Be Ever Be Bigger Than E-banking?
Mobile banking has been knocking on our doors since quite some time now. In India, one of the first entrants were BOKU, who along with Airtel, were one of the first to introduce mobile banking solutions...
Visa – Monitise Enter JV To Launch Mobile Financial Services In India
Visa and Monitise have announced a joint venture whcih will provide a technology platform for financial institutions and mobile operators in India to offer a range of mobile financial services to consumers....
Nokia Announces Nokia Money: Enters Mobile Money and Payment Market
While covering a couple of mobile payments stories earlier, I used to wonder why aren’t mobile handset manufacturers entering this segment. Anyway, finally one of them has seen the light –...
FINO Launches FINO-MITRA To Exploit Mobile Banking In India
FINO (Financial Information Network & Operations Ltd.) has launched FINO-MITRA, a Mobile enabled banking solutions especially for rural masses. According to a research by FINO, Mobile Banking users...
CitiBank Launches App For Mobile Banking
Mobile payments have been around for sometime but this segment is primarily being driven by standalone payment technology players like paymate, mchek, ngpay and others. There has been very little if at...
Obopay Tagit Tieup While RBI Announces M-Banking Guidelines
Obopay a mobile payment services company which entered India earlier this year has tied up with Tagit a provider of mobile interactive platform inorder to create a common mobile banking infrastructure...
“Mobile Banking could be the Future of Microfinance”
Vikram Akula, founder and CEO of SKS Microfinance in a freewheeling interview with IndiaKnowlege@Wharton presented some insights with respect to the future of mobile banking in India and how it can...

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