Indian bank launches WhatsApp, Facebook, Twitter mobile payments

Axis Bank is targeting India's mobile users

India’s Axis Bank has released a mobile payments service called Ping Pay, which allows customers to send money to each other using Facebook, Twitter, WhatsApp, email or phone number. The bank says the service will help it to reach young consumers and smartphone users.

ICICI Bank India launches Twitter banking

ICICI Bank has

India’s ICICI Bank has launched a new banking service for Twitter, ICICIbankpay, which allows customers to transfer money to anyone in the country who has a Twitter account. Customers can also check their account balance, view the last three transactions and recharge prepaid mobile. The service follows the bank’s earlier moves into social media, which included launching a Facebook banking app in September 2013, and is aimed partly at broadening access to financial services.

Bombay Stock Exchange targets HFTs with network revamp

The BSE is opening up to HFT

India’s Bombay Stock Exchange has ramped up its network application and monitoring speeds and opened a new investor service centre in New Delhi, as it seeks to attract latency-sensitive traders.

ICICI Bank unveils Indian mobile app quartet

India's ICICI has rolled out four new mobile apps

India’s ICICI Bank has launched four new mobile banking apps, as part of a drive to adopt digital channels and spread into India’s vast rural hinterland.

Indian post office plans banking expansion

India Post plans to offer banking services in Delhi by March

India’s state-run post office the Department of Posts is planning to launch core banking services in the Indian capital city Delhi, as part of a major drive to become a banking services provider in the country.

India’s first women-only bank launches on FIS technology

Bharatiya Mahila Bank hopes to empower Indian women through financial inclusion

India’s first women-only bank has launched in Mumbai and six other Indian cities, offering a service aimed at increasing financial inclusion for women in one of the world’s most populous countries.

India’s first women-only bank plans November launch

Bharatiya Mahila Bank aims to help empower women in India

India’s first all-female bank, Bharatiya Mahila Bank, plans to open on 19 November, the birthday of former Indian female Prime Minister Indira Gandhi.

Deutsche Börse targets Asia through Bombay SE market data alliance

Deutsche Börse and Bombay Stock Exchange market data are now available under a single licence

Market data from Germany’s Deutsche Börse and India’s Bombay Stock Exchange will be available under a single licence agreement, following a deal between the two exchanges.

CCP proliferation clouds Asian OTC derivatives markets reform

Most countries across the Asia Pacific region are preparing for OTC clearing - but too many CCPs may be a problem

Most emerging Asian countries have developed or are developing their own CCPs and trade repositories in response to global reforms of OTC derivatives markets – but proliferation of CCPs is a concern, according to new research by analyst firm Celent.

ICICI Bank releases Facebook banking app

Customers in India can now bank via Facebook

India’s ICICI Bank has launched a new app that lets customers pay their friends and share expenses between groups of people on Facebook.