Infosys wins three deals abroad

Last Updated: Friday, June 19, 2015, 18:16

"The Finacle solution will also help HPB to comply with Single Euro Payments Area (SEPA) requirements and support Croatia's harmonisation process with European Union regulations and Payment Service Directive," Infosys said in a statement.

HDFC Bank unveils PayZapp online payment solution

Last Updated: Monday, June 15, 2015, 14:20

"PayZapp, a payment solution, will revolutionise the way payments and purchases are done on the go today using mobile devices.

S&P cuts Greece rating after IMF payment delay

Last Updated: Thursday, June 11, 2015, 09:17

Standard & Poor`s cut its already deep-junk rating for Greek bonds by one notch to "CCC" on Wednesday after the cash-strapped country delayed a debt payment to the International Monetary Fund last week.

HDFC Bank launches aggregator app for all types of payments

Last Updated: Wednesday, June 10, 2015, 21:29

The second largest private sector lender HDFC Bank Wednesday claimed to have done a global first by launching a mobile phone application that will aggregate merchants' applications and allow users to transfer funds, shop, pay utility bills, book tickets and recharge phones.

Samsung's new smartwatch to offer mobile payments

Last Updated: Monday, June 8, 2015, 11:05

Samsung would use near-field communication (NFC) technology to support mobile payments on the smartwatch.

First set of small, payment bank licences in 2 months: RBI

Last Updated: Sunday, June 7, 2015, 13:09

The RBI had received 72 applications for small finance bank licences and 41 applications for payment bank licences.

No transaction fee for Google on mobile phone payments

Last Updated: Saturday, June 6, 2015, 23:44

Google`s service will not receive any fees for the transactions, the newspaper reported, citing unidentified people familiar with the situation. It said Visa Inc and Mastercard Inc have made their "tokenization" card-security service free, which prevents payments services from charging fees to issuers.

Greece ramps ups pressure in debt talks after delaying loan payment

Last Updated: Friday, June 5, 2015, 19:01

Greece has raised the pressure in the make-or-break negotiations with its EU-IMF creditors after postponing a loan repayment due Friday, playing for more time to reach a deal that meets its anti-austerity programme.

Greece, EU to continue talks as debt payment looms

Last Updated: Thursday, June 4, 2015, 21:58

Greece and the EU said Thursday talks would continue towards a deal on disputed reforms needed to unlock bailout loans as Athens began to feel the heat of a wave of June debt repayments.

Lagarde 'confident' Greece will make IMF payment Friday

Last Updated: Thursday, June 4, 2015, 21:06

IMF chief Christine Lagarde said Thursday she was "confident" that Greece will make a key debt payment on Friday, as the country mulls a new proposal from official creditors.

Paytm eyes $3-4 bn GMV by fiscal-end

Last Updated: Thursday, June 4, 2015, 17:03

Mobile commerce firm Paytm expects to clock a gross merchandise value (GMV) run rate of USD 3-4 billion by the end of March next year on the back of strong growth in transactions on its marketplace.

Creditors agree to proposal for Greece to unblock aid

Last Updated: Wednesday, June 3, 2015, 15:02

Eurogroup President Jeroen Dijsselbloem said on Tuesday in an interview with RTL television channel that even if an agreement was reached this week, an immediate disbursement was technically impossible.