India’s ICICI takes aim at Indian mobile payments

India's ICICI Bank is using mobile services to target unbanked customers

India’s ICICI Bank is to launch a mobile payments service built by Movida, the Indian joint venture between Visa and mobile money specialist firm Monitise, that will draw on the potential to reach unbanked customers in the country.

HDFC Bank India takes up Numerix risk tools

800px-Worli_skyline_with_BSWL Mumbai India

India’s HDFC Bank has chosen to install risk management tools provided by Numerix, in a move the bank says will help consolidate its risk management and reporting capabilities.

Indian SMEs in crosshairs at Western Union and IndusInd Bank

Mumbai-based IndusInd Bank and Western Union are targeting India's SMEs

India’s IndusInd Bank and Western Union have created a partnership designed to make foreign exchange and global business easier for SMEs in India.

Sonali Bank Bangladesh adopts Polaris core banking tools


Bangladesh’s Sonali Bank has adopted a core banking system from Indian technology company Polaris, in a move that it says will transform it into the most modern bank in the country.

IndusInd Bank chooses Calypso treasury tools

India's IndusInd Bank will use Calypso tools

India’s IndusInd Bank has installed a new system from Calypso Technology that it says will help it grow its treasury activities, increase its global markets business and better manage risk.

Immediate mobile payments come to Europe, M-Pesa to India

Visa Personal Payments users can now make mobile payments across the region immediately

Payment processing firm Visa Europe has introduced a service allowing consumers to make mobile payments across the region immediately and using any European currency. Meanwhile in India, popular money transfer and payment service M-Pesa has now been fully launched. Visa Europe’s Personal Payments service enables Visa credit, debit or prepaid card users to accept payments […]

Polaris unveils $10m financial technology design centre in Chennai

The 8012 facility is designed to encourage good design

Polaris Financial Technology has today opened a $10 million financial application design centre at its headquarters in Chennai, India, where customers will be able to work collaboratively with the vendor’s development teams on applications and systems.

India’s ICICI teams with mobile operator for Visa service


Indian bank ICICI and local mobile operator Aircel have launched a mobile financial services offering using Visa’s hosted platform solution.

Rising stars dominate World Exchange Congress

Brazil: rising opportunity

Emerging markets Brazil, India and Turkey took the spotlight at yesterday’s World Exchange Congress event in London, as senior executives highlighted rising technological investment, growing competition and successful index performance.

Fircosoft signs AML watch list reseller in India

FircoSoft has signed a partnership with Indian IT services specialist iSolve to resell its watch list filtering products to financial institutions in India, where anti-money regulations are tightening. iSolve already sells compliance solutions to financial institutions in India, making the addition of FircoSoft’s filtering solutions to iSolve’s portfolio a logical step. It will be mainly targeting […]