Since the launch of open banking, it has been positioned as a transformative force in people’s lives. It has the power to fundamentally change how people interact with their finances and the ...

Open Banking has moved beyond concept—it’s now a catalyst driving real transformation in financial services. By enabling secure, permissioned data sharing between financial institutions and ...

During an interaction with Moneycontrol to unpack the findings of the '2025 Digital Banking Maturity (DBM) Study' by Deloitte, the sixth such report, he also said public-private partnerships ...

Now, children 10 years or above will be able to open and operate a savings account and a fixed deposit account on their own, as per the terms and conditions of the bank. “Minors above such an ...

It expresses the views and opinions of the author. The pilot leverages the industry leading VantageScore 4.0 credit score with open banking data to deliver the new VantageScore 4plus credit score ...

Minors can also be allowed to open such accounts with their mother as the guardian. The central bank mentioned that minors aged 10 years and above may be permitted to open and operate savings/term ...

Today’s open banking direct data connections can provide reliable and secure access to the critical data necessary to maximize positive client outcomes and provide enhanced back-office efficiencies.

RBI has taken a big decision regarding children's bank accounts! Now children above 10 years of age can open and operate their own bank account. Facilities like Debit Card, Net Banking and ATM can ...

Business banking can be a great step if you want to separate your business and personal finances. You'll need a business license and business documentation to open a business bank account.

The inquiry has exposed a scheme targeting job applicants, using their documents to open bank accounts for illegal transactions. A police officer said dozens of people likely had their documents ...