In today’s top news in digital-first banking, digital bank Penta will now accept overnight and term deposits from Germany’s WeltSparen, while BPCL has teamed with Fino Payments Bank to offer digitized card refills. Plus, a Bank of Japan official said the bank’s move to roll...
In India, mobile banking alone doesn’t cut it — only 26 percent of people prefer banking apps to human agents. To serve app-wary customers, mPOS — or “bank in a box,” as Ashish Ahuja, EVP and head of products and alliances for Fino Payments Bank...
Mobile apps aren’t a panacea for banks in India, where in 2017, only 26 percent of consumers said they prefer using a mobile app rather than talking to a bank agent. When customers distrust the security of apps, find them confusing or lack the smartphones...
May 04, 2018
Mobile apps aren’t a panacea for banks in India, where in 2017, only 26 percent of consumers said they prefer using a mobile app rather than talking to a bank agent. When customers distrust the security of apps, find them confusing or lack the smartphones to use them, competitive banks need to get creative to […]
August 30, 2021
Fino Payments Bank is contemplating merging with its holding company, subject to approval from the Reserve Bank of India (RBI), according to a Monday (Aug. 30) CNBC report. The possible reverse merger comes on the heels of RBI’s authorization for the reverse merger of two small finance banks, Equitas and Ujjivan. The undertaking is expected […]
