LIST OF LATEST SCHEMES AND APPS LAUNCHED BY BANKS
- Vijaya Bank launched 3 innovative apps VPAYQWIK, Vijaya *99# and VeConnect+.
- MobiKwik launched Bubble Pin as an onestep offline payments mode, which allows users to make payments without data connection.
- ICICI Bank became first Indian Bank to deploy ‘Software Robotics’
- DCB Bank launched mVisa, a mobilebased payment solution that will make payments at retail outlets much easier
- 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.
- Airtel launched India’s First Payments Bank services (in name of Airtel Payment Bank Limited) in Rajasthan.
- 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
- 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
- State Bank of India (SBI) launched State Bank MobiCash Mobile Wallet, in association with Bharat Sanchar Nigam Limited (BSNL).
- South Indian Bank introduced NRI focused mobile banking application SIB Mirror+
- RBL Bank launched ‘Aadhaar Payment Bridge System’ (APBS) for small ticket microfinance loan disbursement
- Indian ecommerce Firm Paytm launched tollfree number 180018001234 to enable transaction through mobile phones without internet connection
- ICICI Bank launched EazyPay mobile application for merchants that allows all in one acceptance payments platform
- Railways launched IRCTC Rail Connect a new ticketing App to facilitate booking of train tickets in a faster and easier way.
- Punjab National Bank (PNB) launched Contactless Credit Card Wave N Pay (on Visa Platinum platform), for transactions up to INR 2000
- Kerala Gramin Bank launched FI@School Program to propagate financial literacy among school children
- HDFC Bank launched chatbot service OnChat to allow users to make payments through Facebook Messenger.
- HDFC Bank launched IRA (Intelligent Robotic Assistant), a ‘humanoid’ at its Mumbai branch
- Citi Bank India introduced voice biometrics authentication system for its phone banking clients, replacing current practice of interactive voice response.
- YES Bank launched unique Customizable Savings Account to enable customers to design an account as per their convenience
- Karnataka Bank launched personal accident insurance scheme for savings bank accountholders with name KBL Suraksha
- State Bank of India (SBI) rebranded its website as bank.sbi from earlier sbi.co.in.
- 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.
- HDFC life launched life insurance plan Pragati for low income group families.
- 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.
- Citi Bank launched instant chat services for its customers named Citibank Online, First such customer support service in India by a Bank.
- Airtel Payments Bank and Mastercard launched India’s first online debit card along with a prepaid card, accessible via Myairtel App.
- The State Bank of India has launched a new wealth management product named ‘SBI Exclusif’ in Kochi, Kerala.
- After its successful launch on Android, the Bharat Interface for Money (BHIM) an app, has been finally launched on the iOS platform by NPCI.
- 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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