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RBI eases targets for white-label ATM firms

The poor deployment of WLATMs has tripped what the central bank sought to achieve back in 2012. The Reserve Bank of India (RBI) has relaxed the deployment norms of automated teller machines (ATMs)......

RBI's diktat for ATMS will be a costly affair

The new requirements include a shift to cassette swap system, mandate armed guards while transferring money as well as a host of other measures that would require huge investments. Illustration:......

How 3.2 million debit cards were compromised

Report holds Hitachi responsible for debit card data theft.When the data theft came to light, Hitachi had denied that its systems were compromised.Nupur Anand reports from Mumbai. An interim......

SBI says customers can use debit cards without concern

The bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach India's largest bank SBI, on Thursday, said its......

Card data breach: Govt promises prompt action

As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data The government, on Friday, got cracking on the debit card fraud, asking the concerned banks and......

Rediff News

Hitachi Payment Services

News for Hitachi Payment Services

RBI eases targets for white-label ATM firms

RBI's diktat for ATMS will be a costly affair

How 3.2 million debit cards were compromised

SBI says customers can use debit cards without concern

Card data breach: Govt promises prompt action

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