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BankBazaar names Visa’s Navin Chandani chief business development officer

Monday, July 18, 2016 | More »

Navin Chandani is BankBazaar's chief business development officer
Chennai-based A&A Dukaan Financial Services Pvt Ltd, which operates financial services portal BankBazaar.com, has appointed former Visa executive Navin Chandani as chief business development officer. Chandani will be responsible for business development and bringing on board partners at BankBaza...


It may not be a cakewalk for mobile wallet firms, warn panellists at Techcircle forum

Following the introduction of unified payments interface (UPI)—that empowers users to initiate payment requests from a smartphone without using credit or debit card and internet banking—by the Reserve Bank of India (RBI), mobile wallet firms have to collaborate with banks to remain relevant and ...

20 May, 2016 | More »

Left to right Sohini Rajola, head of digital banking at Axis Bank, Ananya Birla, founder of Svatantra Microfinance, T R Ramachandran, group country manager of India and South Asia, Visa, Mihir Gandhi, associate director of payments transformation, PwC India, Amit Soni, principal, General Atlantic

Payments banks’ quest for profits starts with monetising customer data: Techcircle Payments Forum

The yet-to-launch payment banks need to monetise the data on customers at the bottom of the pyramid, said panelists at the Techcircle Payments Forum held in Mumbai. In a discussion on ‘Emergence of New Payment Banks: How can traditional businesses respond?’, senior executives from tradit...

20 May, 2016 | More »


Retailers push into crowded mobile payment market

Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty. Stores such as British supermarket Tesco and France’s Auchan hope their “digital wal...

7 April, 2014 | More »


Visa CEO calls digital wallet fee on PayPal ‘appropriate’

Visa Inc Chief Executive Charlie Scharf suggested on Wednesday that the payment network may impose a fee on digital wallet operators like PayPal, following rival MasterCard Inc. MasterCard said earlier this year that it plans a new fee for digital wallet operators starting in June. PayPal is not an ...

21 March, 2013 | More »


Visa launches new payment service in India in partnership with UIDAI, leading banks

Visa has entered into a partnership with five of India’s leading banks to provide Aadhaar holders access to a Visa account. This new initiative brings together Visa, Unique Identification Authority of India (UIDAI) and banks like Axis Bank, HDFC Bank, ICICI Bank, Indian Overseas Bank and the S...

14 December, 2012 | More »

Firm Dropped By Visa Says Under 1.5M Card Numbers Stolen

Visa Inc has dropped payment processor Global Payments Inc from its list of approved service providers after a major cyber intrusion that could expose Visa, MasterCard, American Express and Discover card holders to fraud. Global Payments said it believes less than 1.5 million credit card numbers wer...

2 April, 2012 | More »

Movida Partners HDFC Bank For Mobile Payment Services In India

Movida India Pvt. Ltd., a mobile payments joint venture between Visa and London Stock Exchange-listed Monitise, has signed an agreement with India’s second largest private bank by size of balance sheet HDFC Bank, to introduce mobile payment service. The service will allow HDFC Bank customers to pa...

22 February, 2012 | More »

Battle Over Mobile Payments Intensifies

Google, PayPal, Visa and leading mobile phone operators are all rushing to announce mobile payments services, in a battle to establish a foothold in a lucrative new market. In September, Google launched its mobile wallet service in the US, allowing people to pay for goods at stores including Bloomin...

2 December, 2011 | More »