Remove tag net banking transactions
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RBI To Allow Non-Bank And UPI Methods For FASTags Payments

PYMNTS

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard. . The bank is going to allow non-bank prepaid payments (PPIs) and Unified Payments Interface (UPI) to link to FASTags, which is used to pay for things like tolls and parking.

Banking 52
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How cloud accounting made me enjoy the finance industry again

Creative CFP

The tag line was “Real-time accounting”. Not only is the design well thought out, but the logical flow of transactions happens much more efficiently than I have ever seen before. There is no more batch capturing, but rather a transaction flow. The cloud accounting software links directly with your bank.

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In Wake of Vantiv for Worldpay, Europe Beckons?

PYMNTS

In the payments realm there’s been a bit of focus on the Alipay for MoneyGram deal, with its regulatory oversight of a transaction that would be truly global in scope. But strategically, Adyen has as a main selling point the ability to handle transactions across several regions, and handle payments in volume across 100 currencies.

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Frightful Five: Apple Speaker Delayed While Alexa, Google Assistant Charge Ahead

PYMNTS

Apple’s big selling point for the HomePod was its superior auditory quality, which was supposed to justify the $349 price tag. Vietnamese cybersecurity researchers are saying that the iPhone X’s Face ID is not secure enough to use in business transactions. The service will be powered by local payment services provider Nets.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

JOHNSON: And then I moved into, we had a bank at the time, and I moved into running part of the bank. RITHOLTZ: So Franklin obviously divests out of the banking business, the credit card business, the auto financing business. The requirements for asset managers to have a bank were such that it would inhibit us a bit.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. Facebook had been sued over the use of “tag suggestions,” and had allegedly broken the law by collecting the imagery without asking for permission. Facebook Fines.

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What’s Next In Libra’s Serial Cliffhanger?

PYMNTS

For those who see Libra as the hero — where an alternative currency takes root and challenges central bank fiat, gains acceptance, promotes financial inclusion for more than a billion people — this past week’s event means that the Libra Association will live to fight another day. That’s a pretty wide net. and Women’s World Banking.