The Reserve Bank of India has recently authorised four non-bank entities for setting up and operating White Label ATMs (WLAs) including Tata Communications Payment Solutions, Prizm Payment Services......
Investments by private equity and venture capital firms into the mobile payment solutions segment in India have seen a notable growth in the recent past. Going forward, this is expected to go up......
In mid-2013, the Reserve Bank of India had given an in-principle nod to about six companies to roll out white-label automated teller machines, or ATMs owned and operated by non-banking entities, in......
Public sector lender Union Bank of India plans to outsource work for the installation and upkeep of 1,000 ATMs as part of its plans to scale up alternative channels for business operations.Through......
In what is the largest ATM outsourcing deal in the country, Axis Bank has entered into an agreement with two third-party service providers to increase its ATM count to more than 9,000 within the......