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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. Bagde said the central government will foot the bill for the Mumbai pilot project.

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China Tests Facial Recognition Subway Payment

PYMNTS

The face would be linked to a payment account, although whether the technology will work for similar faces or twins is not known. 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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Hainan Golden Raises $141M In Funding Round Led By Tencent

PYMNTS

Hainan Golden Technology Co. The company also has an eInvoicing platform, WeTax, which uses blockchain technology to combine the issuing, receiving, preserving and verifying of invoices into one system. announced that it has raised ¥1 billion ($141 million USD) in a Series B funding round, led by Chinese tech giant Tencent.

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Apple Pay’s Latitudinal Reach

PYMNTS

Many of Sberbank clients actively use new technologies, and an increasing number of them will prefer cash-free and contactless payment using their smartphones.” Apple Pay is now supported by 22 banks after adding The Co-operative Bank and Metro Bank earlier this month, and Apple Pay is now available in the U.K. and the U.S. .”

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Community banks are thriving in Texas

Independent Banker

The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3% increase, while the San Antonio metro, up 19.4%, ranked 12th. We take time for our customers.”.

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How to Withdraw Money from the ATM Using UPI

BankBazaar

United Payments Interface, which comes under the purview of the National Payments Corporation of India (NPCI), has gained phenomenal traction in India post its launch in 2016. For the use of other banks’ ATMs, customers are allowed three free withdrawals in metro cities and five in non-metros. 21 per transaction. The Advantages.

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Scottsdale Community Bank: Making microloans

Independent Banker

embraces a combination of the latest technology and traditional beliefs about finance and business growth. The technology it uses allows it to maximize efficiency while minimizing costs in its operations. We are changing the face of business banking in Arizona by combining cutting-edge fintech technology with true relationship banking.”