You are browsing the archives of online banking.

You know computing in India has really taken off when you have Times of India, reporting a 16-year-old, class 10 student making millions by hacking credit cards online. Reportedly, Ajay, a resident of Mumbai got hooked to hacking while playing games online. He got into contact with certain hackers and curious about the [...]

Punjab National Bank has launched a new internet-based remittance service in cooperation with US-based Buyindiaonline.com Inc. As per this service remittances of NRIs would be credited to beneficiaries, who are PNB account holders, through a website Xoom.com. Buyindiaonline.Com is a wholly owned subsidiary of US’s Xoom Corporation and has an existing tie up with the [...]

Globally, about 10% of the customers regularly do online banking. In India, less than 1% of the millions of customers are using Internet banking but the trend is catching up and here’s why..
At present, 1.3 million users are connected through online banking but this number is bound to increase with the total increase in internet [...]