innovationinbanking

    Kappalur is a public funded national highway strech on Madurai - Tirunelveli - Panagudi - kanayakumari motorway It is at Km 18.652 - NH-7 in Tamil Nadu and the Tollable Length : 50.857 Km(s)   The Madurai District Consumer Disputes Redressal Commission recently directed the National Highways Authority of India (NHAI) to pay compensation of  ₹ 25,000 to a man after employees at the Kappalur toll plaza had insisted on cash payment stating that the scanner was not reading, though there was sufficient balance in the FASTag.   The complainant A. Martin David of Madurai said that in September 2020 he was travelling from Madurai to Sivakasi in his car. An employee at the Kappalur toll plaza told him the scanner was not reading and insisted on the cash payment. Though there was sufficient balance in the FASTag, he was asked to wait for a long time and pay the toll fee.   On the return journey from Sivakasi to Madurai, he was again told that the ...

   Any plans to attend GFF 2024? Link to my Curtain raiser @ https://prashantnepayments.blogspot.com/2024/04/curtain-raiser-global-fintech-fest-gff.html   Festivities Galore: Illuminating Fintech Futures at GFF 2024 As the global financial landscape evolves, so does the need for collaboration, innovation, and insight within the fintech industry. In the heart of this dynamic transformation lies the Global Fintech Festival (GFF) 2024, where a series of vibrant festivities await eager participants, promising a journey of learning, networking, and inspiration. As we delve into the calendar of events, let's unravel the tapestry of excitement that awaits attendees.   1. Awards: Honoring Excellence   Among the array of festivities, the GFF 2024 promises to recognize outstanding achievements through its prestigious awards ceremony. This platform not only celebrates innovation but also serves as a beacon for aspiring trailblazers, motivating them to s...

A similar feature should be adopted by all Banks in India, they should not wait for the regulatory push. This is possible, not impossible. Looking forward for all banks to come forward. Transforming Banking: How Canara Bank's AEPS SMS Alerts Minimize Fraud and Maximize Confidence   In today's fast-paced digital world, where convenience and security are paramount, Canara Bank has taken a significant step forward to enhance customer experience in banking transactions. In an innovative move, Canara Bank has introduced stand-alone SMS notifications for Aadhaar Enabled Payment System (AEPS) cash withdrawals, setting a new standard for customer service in the banking industry.   SMS notifications have become a standard practice in the banking sector, serving as a quick and efficient way to keep customers informed about their financial transactions. However, Canara Bank has gone above and beyond by incorporating unique features into their AEPS withdrawal notifications. These SMS noti...

Namibians get ready to experience the magic of India’s home-grown Real Time Retail Payment System. Yes,  UPI  is on the way to Namibia. The ball has been put in motion with the agreement between NPCI International and Bank of Namibia. The goal is roll-out a  UPI  like Real Time Retail Payment System in Namibia by 2025.   In a groundbreaking move towards modernizing Namibia's financial landscape, the National Payments Corporation of India (NPCI) International Payments Limited (NIPL) has forged a strategic partnership with the Bank of Namibia (BoN) to deploy India’s Unified Payment Interface ( UPI ) in the African nation. This collaboration, announced on 2nd May 2024, marks a significant leap forward in bolstering Namibia’s financial infrastructure and promoting inclusive economic growth. The  UPI  Revolution The Unified Payment Interface ( UPI ) has been a game-changer in India's financial sector since its inception. With its seamless an...

  GFF 2024 – Partners as on 1st May 2024 Any plans to attend GFF 2024? Link to my Curtain raiser @ https://prashantnepayments.blogspot.com/2024/04/curtain-raiser-global-fintech-fest-gff.html   The Global Fintech Festival 2024 is poised to be an extraordinary showcase of innovation and collaboration in the fintech landscape. As an avid observer and enthusiast, I am thrilled to delve into the realm of fintech excellence alongside key partners who are instrumental in shaping this groundbreaking event. Co – Powered by G Pay Technology Partner _ Perfios Brought To You By _ Master Card Brought To You By _ Punjab National Bank Associate Partner _ NEOKRED Associate Partner _ Razorpay Payment Enabler _ Lyra Supported By _ World Bank   Few lines about GFF 2024 Partners. Please view the respective partner pages for more information. ** G Pay : ** *Money made simple, by Google.* G Pay's commitment to simplifying financial transactions reso...