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Target announces $19 million data breach settlement with MasterCard

Last Updated: Thursday, April 16, 2015, 03:54

Target Corp said it had agreed to reimburse about $19 million to financial institutions who had issued MasterCard-branded cards that were a part of the massive data breach at the retailer in 2013.

Cap on withdrawals through ATM is policy decision: RBI tells HC

Last Updated: Wednesday, April 15, 2015, 20:57

The Reserve Bank of India (RBI) on Wednesday told the Delhi High Court that putting a cap on the number of withdrawals by banking customers using their ATM cards without being charged, is a policy decision taken in public interest.

RuPay cards of all PSBs now e-commerce enabled: NPCI

Last Updated: Monday, April 6, 2015, 20:25

The National Payments Corporation of India (NPCI) on Monday said it has completed system integrations to enable e-commerce transactions through RuPay cards of the public sector banks.

Fifteen crore Aadhar cards linked with bank accounts

Last Updated: Friday, March 6, 2015, 22:14

The National Payments Corporation of India on Friday announced linking of 15 crore Aadhar cards with various bank accounts in India.

Govt forms panel to suggest ways on promoting card transaction

Last Updated: Monday, March 2, 2015, 19:45

The government has formed a committee which will come out with structures that can be put in place to encourage use of credit or debit cards, Finance Secretary Rajiv Mehrishi said today.

Twitter now has official WordPress plug-in

Last Updated: Thursday, February 26, 2015, 16:43

For instance, it will automatically generate Twitter Cards for your pages, enable Twitter Analytics, embed video and add a tweet button to posts in the admin interface.

Banks opened 13.2 cr new accounts under Jan Dhan Yojana: Prez

Last Updated: Monday, February 23, 2015, 13:34

A record 13.2 crore new bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana in last six months with Rs 11,000 crore coming in as deposits, President Pranab Mukherjee said today.

Netflix launches streaming service in Cuba

Last Updated: Monday, February 9, 2015, 22:37

The service, starting at $7.99 per month, will be available to customers with international payment cards, Netflix said in a statement.

Ease of doing biz: Exporters can use credit cards to pay fee

Last Updated: Tuesday, February 3, 2015, 13:37

To further improve the ease of doing business in India, the Commerce Ministry is taking steps that include allowing exporters and importers to make the payment of fee through debit or credit cards.

ICICI Bank launches contactless debit & credit cards

Last Updated: Wednesday, January 7, 2015, 18:33

ICICI Bank on Wednesday launched the country's first contactless debit and credit cards that use the near-field communication technology, enabling one to make payments by just waving the card near merchant terminals instead of swiping the same.

RBI directs payment firms to display company name in products

Last Updated: Friday, January 2, 2015, 18:57

Reserve Bank has directed entities offering services such as e-wallets, smart cards and White Label ATMs to prominently display their company name in products to ensure transparency.

'Banks open 10.3 crore Jan Dhan accounts so far'

Last Updated: Friday, January 2, 2015, 16:09

About 98 percent financially excluded households have been covered under the PMJDY.