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Mumbai Bus Operator To Test India’s National Transit Card

PYMNTS

India’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. The national transit card system uses a bank-issued card that will run on India’s RuPay payments network, the news outlet said. The pilot is to see how the system would work.

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Bankers Call For Overhaul Of RBS Fund Program

PYMNTS

The NAO [National Audit Office] should have a look,” one senior bank board member said. “It million) to help with banking investments, but last week, Metro Bank , which received the biggest reward, said it would give back 50 million pounds ($63.8 They included Arbuthnot Latham, CYBG, The Co-operative Bank, Hampden & Co.,

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China Tests Facial Recognition Subway Payment

PYMNTS

A subway operator in Shenzhen, China is testing facial recognition software, powered by a 5G network, to pay for entry, according to reports. The technology was designed by Shenzhen Metro and telecom company Huawei. The metro company hasn’t said if and when facial recognition will become a part of all of its lines.

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Union Budget 2021: Highlights

BankBazaar

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. We await the operational details of the scheme now. National Asset Monetising Pipeline launched to monitor asset monetisation process. National Rail Plan created to bring a future-ready Railway system by 2030.

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Santander Rolling Out US Digital Deposits To Rival Goldman

PYMNTS

The bank is planning to roll out a “national deposit gathering platform” in 2020 to reel in more attractive rates for its consumer business, Scott Powell, chief executive officer (CEO) of Santander in the U.S., The bank only operates physical branches in nine states, which limits its ability to attract deposits. told the FT.

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Uber, Lime Pause Some Ridesharing Services

PYMNTS

That option has now been deactivated in users’ apps in the two nations. And as it continues monitoring coronavirus developments, Waymo is pausing its Waymo One service in Metro Phoenix with trained drivers, the company said in a series of tweets. North America is responsible for the lion’s share of the ridesharing company’s revenue.

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France To Allow Small Nonessential Retail To Reopen; Germany, Spain Plan May 4 reopening

PYMNTS

Philippe also said per the report that limitations would remain for train travel of long distances and that Paris metro service would be bolstered to let individuals get to their jobs while still following social distancing. The HDE, which is a national organization of retailers, had panned the decision only to let smaller shops open again.

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