PYMNTS
MAY 30, 2016
In 2007, the country had about 27,000 ATMs as compared to 200,000 in 2016. The surge comes against a growing middle class and extensive financial inclusion initiatives by the government and banks to include the legion of the country’s unbanked population. were also observed,” said RBI’s deputy governor S Mundra.
Fintech News
MAY 23, 2024
Corporate Banking offers financial products and services to corporations, government agencies, and financial institutions, including corporate loans, trade financing, deposit services, wealth management, financial consulting, cash management, remittance, settlement, custody, and guarantee services. #6
PYMNTS
JULY 26, 2017
This latest measure follows the first Payment Services Directive, which was passed by the EU and took effect in late 2007. PSD2 is not the last word in data sharing, and, as its name implies, it’s also not the first. The earlier regulation was designed to increase competition in the European financial services market.
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