India’s Navi Mumbai Municipal Corporation (NMMC), held a Smart Banking Connect conference for seeking avenues for smart banking for the citizens. An idea of a smart mobile application and a smart NMMC card for payment of water, electricity, property bills etc from one point was discussed.
Great Indian (GI) Retail Group, one of India’s and South East Asia’s leading electronic payment and retail-assisted e-commerce groups, has been acquired Germany’s Wirecard.
San Francisco-based DocuSign has ankled a former Visa SVP to become head of global financial planning and analysis (FP&A).
Samir Salvi joins DocuSign following seven years at VISA.
McDonald’s will soon deploy the PAX D180 MPOS device in India to speed up the ordering process and smooth business operations. The D180 is one of the world’s most compact secure payment devices, complying internationally with EMV, PCI and SRED mandates, as well as being locally certified with Ratnakar Bank in India.
Estonia-based m-Payments specialist Fortumo has launched subscription payments using carrier billing for Windows Phone and Windows 8. Developers building apps for Microsoft platforms can now increase their subscription payment coverage by enabling carrier billing for users without credit cards in 83 markets.
Fortumo mpayments signed partnerships with global smartphone manufacturers Oppo Electronics and Gionee. Fortumo’s direct carrier billing solution will be implemented for payments in the manufacturers’ app stores and Fortumo’s app catalogue becomes available for device preloads.
Entrust Datacard launched the first integrated instant issuance kiosk solution in South Asia with State Bank of India (SBI). This is also the first instant EMV chip card personalization application in Asia – which follows the Reserve Bank of India’s (RBI) regulation.
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.
MoneyGram International celebrated a grant to the Agastya International Foundation through the MoneyGram Foundation at an event at Raje Shivaji School in Dharavi, Mumbai. Agastya International Foundation’s mission of “a creative India” is achieved by sparking creativity among millions of disadvantaged children and their teachers. The Mobile Science Labs aid in making learning fun and awakening intellectual curiosity. Each lab funded by the MoneyGram Foundation will travel to 30 schools in the states of Uttar Pradesh, Maharashtra and Bihar, teaching children using hands-on science models in physics, chemistry, biology and mathematics. The MoneyGram Foundation, launched in 2012, was established with the mission to help children around the world gain access to educational facilities and learning resources.
Zenmonics Inc. announced that Bank of North Carolina (BNC) has adopted the Zenmonics mobileBANKER platform to transform its customer sales and service capabilities. By combining data and services from disparate bank systems, Zenmonics mobileBANKER delivers a complete array of sales, marketing, transaction and account services functions through a single interface on a secure, mobile tablet device. Bank personnel can work with a client from virtually anywhere – inside the branch or out – without having to toggle between various systems and applications.
KI announced the delivery of cash-recycling ATMs, ATM-Recycler G7, to State Bank of India, OKI’s first delivery of its cash-recycling ATM in India. The number of ATMs and CDs operating in India reached 140,000 units in 2013, making it the third largest market in Asia, following China and Japan. The number is expected to continue increasing and approximately double by 2016 due to the Financial Inclusion*1 set by the Reserve Bank of India. Building on the delivery to SBI and leveraging cash-recycling ATMs that contribute to banknote and operation management, OKI aims for 25% share in unit shipments of the Indian ATM market. OKI plans to accelerate global sales development of its ATMs and aims for 40% market share in the global cash-recycling ATM market, namely in emerging markets, where economic growth is expected to continue.
Acculynk announces support of its PaySecure International authentication solution by major gateways outside the US, including industry leader CCAvenue and other prominent gateways in the Indian e-commerce market. As India’s biggest payment gateway, CCAvenue is among the first payment gateways to process RuPay debit cards. Customers will now be able to use RuPay Debit Cards to make purchases securely and conveniently on thousands of merchants’ websites powered by CCAvenue.