Latest Schemes And Apps Launched By Banks

Latest Schemes And Apps Launched By Banks

1. Vijaya Bank launched 3 innovative apps ­ VPAYQWIK, Vijaya *99# and V­eConnect+.

2. MobiKwik launched Bubble Pin as an one­step offline payments mode, which allows users to make payments without data connection.

3. ICICI Bank became first Indian Bank to deploy ‘Software Robotics’

4. DCB Bank launched mVisa, a mobile­based payment solution that will make payments at retail outlets much easier

5. India’s first banking robot Lakshmi launched by Kumbakonam based City Union Bank (CUB) in Chennai (Tamil Nadu). Lakshmi will be first on­site huamanoid (robot) in India.

6.Airtel launched India’s First Payments Bank services (in name of Airtel Payment Bank Limited) in Rajasthan.

7.Yes Bank launched “Yes Mobile 2.0” as new mobile banking app with multiple more features and support for banking transactions on Apple and Android­based SmartWatches

8. Yes Bank launched SIMsePAY service that allows any account holder to do money transfers, pay utility bills and other mobile banking services, without need for smart phones or internet, based on sim­sleeve technology

9. State Bank of India (SBI) launched State Bank MobiCash Mobile Wallet, in association with Bharat Sanchar Nigam Limited (BSNL).

10. South Indian Bank introduced NRI ­focused mobile banking application SIB Mirror+

11. RBL Bank launched ‘Aadhaar Payment Bridge System’ (APBS) for small ticket micro­finance loan disbursement

12. Indian e­commerce Firm Paytm launched toll­free number 1800­1800­1234 to enable transaction through mobile phones without internet connection

13. ICICI Bank launched EazyPay mobile application for merchants that allows all ­in ­one acceptance payments platform

14. Railways launched IRCTC Rail Connect ­ a new ticketing App to facilitate booking of train tickets in a faster and easier way.

15. Punjab National Bank (PNB) launched Contactless Credit Card ­ Wave N Pay (on Visa Platinum platform), for transactions up to INR 2000

16. Kerala Gramin Bank launched FI@School Program to propagate financial literacy among school children

17. HDFC Bank launched chatbot service OnChat to allow users to make payments through Facebook Messenger.

18. HDFC Bank launched IRA (Intelligent Robotic Assistant), a ‘humanoid’ at its Mumbai branch

19. Citi Bank India introduced voice biometrics authentication system for its phone banking clients, replacing current practice of interactive voice response.

20. YES Bank launched unique Customizable Savings Account to enable customers to design an account as per their convenience

21. Karnataka Bank launched personal accident insurance scheme for savings bank account­holders with name KBL Suraksha

22. State Bank of India (SBI) rebranded its website as bank.sbi from earlier sbi.co.in.

23. Paytm launched Paytm Mall as a mobile app and online shopping portal, aiming to offer combination of Mall and Bazaar concepts to Indian consumers on online platform.

24. HDFC life launched life insurance plan Pragati for low income group families.

25. Dena Bank introduced Radio Frequency Identification Card (RFID) enabled banking cards. It enables branch manager to identify a valued client entering a branch with the card.

26. Citi Bank launched instant chat services for its customers named Citibank Online, First such customer support service in India by a Bank.

27. Airtel Payments Bank and Mastercard launched India’s first online debit card along with a prepaid card, accessible via Myairtel App

28. The State Bank of India has launched a new wealth management product named ‘SBI Exclusif’ in Kochi, Kerala.

29. After its successful launch on Android, the Bharat Interface for Money (BHIM) an app, has been finally launched on the iOS platform by NPCI

30. Karnataka VikasGrameen Banks (KVGB) has come up with ‘Bank Sakhi’ innovative scheme for employing women in villages to promote & improve the cashless transactions in rural areas.

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