Digital River India

MN-based Digital River is raising the stakes in India through a strategic partnership with local ecommerce provider Net Distribution Services (NDS). NDS has been building and operating branded online stores for both global enterprises as well as leading local brands for more than five years.

ICICI Pockets

India’s ICICI Bank launched ‘Pockets by ICICI Bank’ app allowing NRI customers to access their bank accounts on Facebook. Tapping the convenience of banking while on social media, customers can carry out important tasks through this app which include viewing account summary, E-statement as well as a mini statement of ICICI Bank India NRE/ NRO savings bank account. A customer can access the application by logging in with his Facebook user ID and searching for ‘Pockets by ICICI Bank’. He/she will have to register for the app to activate and start using it.

Ingenico and First Data launch mPOS tech

Ingenico Roam Mobile Solutions partnered First Data to launch its mPOS solution. Leveraging ROAM’s mobile solution and Ingenico’s global EMV expertise, First Data India has launched its own fully branded chip and PIN mPOS solution. This new mPOS offering enables merchants in India to accept payments on the go, while incorporating the unmatched flexibility, best-in-breed security, and user friendliness of ROAM’s RP750x cloud-based chip and PIN mPOS card reader. ROAM’s white label solution allows mPOS players to reduce time to market with their own custom-branded payment solutions.

Transfast and Yes Bank offer NPCI Insta-Deposits

Transfast and YES Bank launched its instant money transfer service to banks. This service operates via the National Payments Corporation of India (NPCI) core platform. TRANSFAST is the first money transfer company worldwide to be live with NPCI’s Immediate Payment Service (IMPS) capability for international money transfers. This enables TRANSFAST customers to make instant deposits–both online at and at agent locations–to Indian banks from the Americas, Europe, and Asia. Instant transfers are available 24x7x365, even on holidays and during non-banking hours.

NCR Announces Cutting Edge Manufacturing Plant

NCR Corporation announced it will be moving to a new state-of-the-art manufacturing facility. The new facility, which is more than double the size of the company’s existing facility, is built over an 117,000 square-foot area, and is under a new single roof design structure that will allow NCR to improve operational efficiency. This facility is strategically located and is in close proximity to suppliers, customers as well as robust transportation like ports and airports that will help to improve operational efficiency and enable faster delivery of innovative products to the market. NCR will continue to manufacture financial solutions such as ATMs, while also expanding to manufacture innovative consumer transaction technologies for the retail and hospitality industries. The new facility is expected to participate in lean manufacturing practices and comply with NCR global standards related to Environmental, Health and Safety (EHS), and quality. In addition, the facility is expected to participate in IGBC (LEED) Silver certification for building sustainability and Tier 1 certification on Resilient IT Infrastructure.

SBI & Accenture

State Bank of India (SBI), the nation’s largest bank, has launched six digital branches across the country, as part of a pioneering program to offer next generation banking solutions to India’s growing mobile phone and internet-savvy customer base. SBI aims to transform the customer experience by delivering world-class service through all of its customer channels. Accenture is a global management consulting, technology services and outsourcing company, with more than 293,000 people serving clients in more than 120 countries.