Internet Banking Archive

All about Cognitive Banking

If you change nothing, nothing will change Everything in today’s life is moving totally digital, and with the AI and other things, large enterprises are trying to move everything from the hands of Humans to a robot or a computer. So Cognitive banking is also somewhat on the same lines. Cognitive banking is using Cognitive computing in the normal banking procedures, so let us first …

Machine Learning and AI based Fintech Startups

In the recent times, a plethora of data driven startups has paved their towards the banking and finance system. Adding the spice, their arms to disrupt this field are not experts from the top management colleges, but two elite engineering terms that have the potential to rule the world: Artificial Intelligence and Machine Learning.  With the massive number of people being a part of the internet …

Digibank by DBS

“People don’t need banks, people need banking”- Bill Gates Applications for banking are increasing and the penetration of virtual credit cards, virtual debit cards are increasing. With the penetration of the same in India, Digibank which is a multinational banking and financial service providing bank also thought to launch its services in India. They didn’t launch the services in India as a full fleshed bank, …

How to Choose Payment Processor

  In the world of finance, intermediaries rule the world One of the most essential steps for getting paid online is choosing an appropriate payment processor. With right Payment processor customer can pay easily for the products and services and takes very little time and efforts. Before selecting the suitable Payment processor you must know what is a payment processor? It is a service that …

Payment Fraud and How to Avoid It?

World economy becomes nothing more than mockery when someone is duped of his hard earned savings in a payment fraud. Payment fraud is one of the several results of phishing, identity theft and other increasing methods of hacking. This two word problem has robbed banks of their reputation, merchants of their income and common man of his savings. Payment fraud is when a fake or …

Google Wallet and Its Role in E Commerce

Google wallet is the person to person payment method or service which is developed by Google. Google wallets facilitate people to send and receive money anywhere at any time from a mobile phone or other device at free of cost. Google wallet helps you out to forget your plastic card and switch to your smart phones to make shopping easier for the users online as …

Everything About Android Pay App

In today’s era, mobile payment services are growing day by day. Similarly to Apple Pay for iPhone, Google’s system is called Android Pay. Android Pay is a digital wallet app for the users to make purchases and to make payments with Android phones, tabs or watches. Android Pay works as point of sale terminal with NFC (near field communication) enabled transmit card information and host …

Bitcoin in India

Bitcoin is a digital crypto currency and a payment system, invented by a group of anonymous programmers, under the name Satoshi Nakamoto. Formed and held solely in electronic forms, Bitcoin can be used for peer to peer payments. There is no market regulator, or involvement of government authority/control in Bitcoin. Bitcoins are not printed, like Euros or dollars, but they’re created by people, and are increasingly improved by …