Banknetjobs.com has been Ranked the "Number #1" Careers & Jobs Category Website Globally. BanknetJobs.com has also become the only job portal to provide Professional & Social Networking Facility for members with same login & password...Read more
Banknet has launched 'ATM User Survey 2008', which is being conducted online on www.banknetindia.com...Read more
According to Chartis Research the operational risk management (ORM) market will grow to $1.55bn by 2011...Read more
Banks should replace core banking systems to stay competitive, says Capgemini's new study...Read more
IT Services Market in Asia Pacific to Grow to US$55.9 Billion by 2011. India to remain the fastest growing IT Services country...Read more
Reserve Bank of India has laid down a framework of uniform service charges for ATM usage...Read more
Requirement of cashiers has fallen by 50% in last 5 years in Indian banks due to ATMs, according to assocham ...Read more
Nasscom study findings reveal India IT industry's growing contribution to the Indian Economy and Society.
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Indian IT-BPO revenue aggregate is expected to reach USD 64 billion by the end of FY2008, according to Nasscom.
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Ease of use with security is key to mobile banking success, says a TowerGroup research.
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Banknet Survey highlights that despite awareness, usage of electronic payment products has still to pick up in India.
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Celent predicts global risk and compliance spending will cross the US$14 billion mark in 2008 ...Read more
TowerGroup research finds that rapid advancements in technology will reshape the insurance over next decade ...Read more
According to the ATM Crime Statistics report of European ATM Security Team (EAST), ATM frauds has dipped by 55% ...Read more
TowerGroup estimates that more than 40 million U.S. consumers will adopt mobile banking by 2012...Read more
Managing IT spending is top priority for CIOs and IT managers in Asia/Pacific including Japan, according to IDC..... Read more
Asia/Pacific (Excluding Japan) Public Sector IT Spending to exceed US$32 Billion by 2011. This IT growth is largely driven by the People's Republic of China (PRC) and India, which together account for more than half of the total..... Read more
As virtualization goes mainstream and becomes an integral part of the IT infrastructure, there are increasing opportunities for IT services to help customers implement and support this expanding technology. According to recent research from IDC, the virtualization services market will grow to $11.7 billion in 2011..... Read more
According to the annual NASSCOM survey, the Indian IT-ITES industry (including domestic market) recorded an overall growth of 30.7% , clocking revenues of USD 39.6 billion in FY 2006-07 up from USD 30.3 billion in FY 2005-06..... Read more
BFSI sector are leaders in IT spend in 2006 and Business Continuity & Risk Mitigation are key priority areas for CIOs, according to a nasscom study...Read more
Banknet India 'Report on the Indian ATM Industry', released on 31st May 2007 has compiled a list of precautions for users to avoid an ATM fraud...Read more
Infosys CEO Nandan Nilekani has been named as 'Businessman of the Year' for 2006 by Forbes Asia for his "nimble" stewardship in keeping the company ahead of peers in the global outsourcing phenomenon.
Syndicate Bank aims to implement core banking solution (CBS) in 1,500 branches by the end of 2006-07. 90 per cent of the business will come from CBS branches. It has already implemented Core Banking Solution (CBS) in 1001 branches.
Dena Bank has signed an agreement with Wipro Infotech for implementing core banking solutions (CBS) and total outsourcing contract worth Rs 304.4 crore. Under this contract, Wipro will implement the centralised and integrated CBS in 850 of Dena Bank's branches over a period of four years. This will cover 92 per cent of the bank's business. The total contract is for 10 years.
Dena bank has 1,122 branches all of which are computerised. The contract also includes managing other banking applications such as delivery-internet and phone banking, risk management, treasury, credit operations, cash management, asset liability management and anti money laundering.
Canara Bank and State Bank of India have entered into an agreement to share their ATMs. Under this agreement the card holders of Canara Bank will have access to 5,500-plus ATMs of State Bank of India and its eight associate banks. Likewise, the ATM/Debit card holders of SBI and its associate banks will have access to 883 ATMs of Canara Bank. Canara Bank has plans to expand the ATM network to 2000 with the thrust being on offsite ATMs.
Cosmos Co-operative Bank is now connected with the National Financial Switch Interface of IDRBT.
Now 9,267 ATMs of 33 banks across the country, including Cosmos Bank, 21 banks in the NFS network and 12 banks in BANCS network would be made available to the Cosmos Bank customers.
ZDNet Asia has announced its ZDNet Asia Smart50 2006 award winners, selected by an independent panel of judges, which included Anurag Khanna, MD & CEO of Banknet India...Read More
"Banknet India’s Third Annual Conference on Payment Systems in Banks” on the 10th January, 2007"
Inaugural Address by Mr M V Nair, Chairman & Managing Director, Union Bank of India ... Click here
For press coverage on the Third Annual Conference on Payment Systems in Banks... Click here
For more Press Releases ... Click here
"Banknet India's Second Annual Bank Tech Summit, Mumbai, on September 21, 2006"
Inaugural
Address by Shri V Leeladhar, Deputy Governor, Reserve Bank of India
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Security concerns of banking IT systems should be guarded
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ATM transaction on the rise- Banknet survey shows 64% of respondents are comfortable with the machine
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A Smart card in wrong hands?
RBI Has Its Own Concerns over Use Of Smart Cards
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Banks ready to hit Wireless highway-Mobile Banking attractive for banks as well as customer
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Could mobiles revolutionize banking sector?
...Click here
"Banknet India’s Second Annual CTO Summit on 10th May 2006"
CTO Summit discuss major challenges faced by the banking industry ...Click here
KYC Approach Is Not Enough For AML ...Click here
RBI pushes cheque truncation ...Click here
M-Commerce raises AML issues Click here
Risk Management & Basel II are the top priorities for banks in India ...Click here
Banknet India's "Third Annual CXO Summit" supported by Indian Institute of Banking & Finance (IIBF) was organized on 19th April, 2007 at Taj President, Cuffe Parade, Mumbai... Click here
"Banknet India's Second Annual Conference on Payment Systems on the 17th January 2006"
India's Largest Banking Conference debates on Payment System Upgradation ... Read More
Indian banks are quickly upgrading their payment systems, largely driven by the need to modernize and meet regulatory requirements......Read more
"Banknet India's First Annual Bank Tech Summit, Mumbai, on September 22, 2005"
Today’s banking business cannot exist without dependence on IT – mainly because of the need to handle large volumes, the facilities it offers for cost saving , effective delivery channels and for better information based decision making.....Read More
Although banks have made significant investments in IT they have not reaped appreciable benefits from these investments.....Read
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