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......
Tata Communications Payment Solutions, a wholly-owned subsidiary of Tata Communications, on Thursday launched the country’s first white-label ATM at Chandrapada, a tier-V town near Mumbai.......
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)......
A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms. The new Rs 100 notes will require a......
To grow the distribution network while keeping costs under check, smaller private sector banks are looking at reducing the dependence on their own automated teller machines and instead relying on......