Saturday, July 19, 2014

Welcome Shift to Differentiated Banking

......... A banking licence will allow a telecom company to realise in full the phone's ability to function as a portable electronic vault that can be charged remotely and run down to make all kinds of payments. The only trouble with harnessing technology for remote area banking is the vulnerability of electronic networks to hacking. The RBI will have to draw up effective, stringent cyber security standards and..........

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