banking

The Indian banking industry is undergoing a dramatic digital makeover, marked by cutting-edge technologies and strategic collaborations. While the world of digital payments has been commanding attention, there's a remarkable trend sweeping through India's financial landscape: the surge in...

The banking and investment services industry is undergoing a significant technological transformation, with organizations worldwide recognizing the critical role that IT plays in driving business outcomes. As the global economy faces unprecedented challenges, banking institutions are strategically allocating funds...

The Reserve Bank of India wants banks to limit their ownership in insurance companies! According to three sources in the know, RBI has unofficially directed Indian banks to cap their maximum threshold limit for holding ownership in capital intensive insurance...

The above graph represents the Mastercard quarterly revenue by segment, starting from fiscal Q1 2008 to the recently completed quarter. The company's net revenue is classified into five categories: domestic assessments, cross-border volume fees, transaction processing, other revenues and...

The above graph represents the Mastercard quarterly expenses by type, starting from fiscal Q1 2002 to the recently completed quarter. Mastercard's total operating expenses amounted to $1,798 million in Q1 2020, representing 44.8% of the company's total revenue. The...

The above graph represents the Mastercard revenue vs net income by quarter, starting from fiscal Q1 2001 to the recently completed quarter. Mastercard global revenue and net profit, both declined a notable 9.2% QoQ and 19.4% QoQ in Q1...

The above graph represents the Mastercard net income by quarter, starting from Q1 2001 to the recently completed quarter. Globally, Mastercard net profit amounted to $1,693 million in Q1 2020, representing a notable decline of 19.4% QoQ and 9.1%...

As the central bank placed Yes Bank under moratorium till April 3rd, several startups including the digital payment firms PhonePe and BharatPe, which relied on Yes Bank as their banking partner seemed to face outages. It has been reported...

The online payment frauds are becoming a new nightmare for digital users and authorities as well. It has been estimated that a whopping $200 billion will be lost globally by businesses whose primary domain happen to be e-commerce, airline...

The above graph represents the growth in the number of Aadhaar based transactions in India by month. AePS (Aadhaar enabled payment system) is a bank led model which allows online interoperable financial transactions at PoS or MicroATM through the...