Major Indian banks launch Account Aggregator project
New programme aims to extend financial services to millions of new customers.
Federal Bank
Fi partners with Federal Bank to launch neobank for millennials
Features include a flexible deposit product and rewards for saving money.
Six Black-owned banks receive funding from Well Fargo’s $50m MDI pledge
The banks will have access to a dedicated Wells Fargo relationship team.
Federal Bank selects Fiserv FirstVision to support new credit card
The Indian bank needed a solution to power end-to-end issuance and processing.
Federal Bank picks ACI Worldwide to boost fraud protection
More than $30m was stolen by fraudsters in India last year.
MoneyGram and Federal Bank tie up remittance partnership
The partners will offer direct-to-account crediting.
Federal Bank launches instant online demat account
It is the first bank in India to offer the service.
India’s Federal Bank launches open banking platform
APIs include fund transfers, smart collections and UPI payments.
Obopay launches prepaid cards with Mastercard in India
For both consumers and businesses across the nation.
Google gangs up with Indian lenders to find new users
Working with Federal Bank, HDFC, ICICI and Kotak Mahindra.
Federal Bank opts for Intellect’s digital transaction banking platform
Federal Bank in India has selected Intellect Design Arena’s digital transaction banking (DTB) platform as part of its revamp. The system is powered by an omnichannel corporate banking exchange (CBX) portal with backend processors for collections and receivables, payables, account services and supply chain finance. Intellect says DTB will also augment the front end of […]
New treasury software deal for Infosys Finacle in India
Federal Bank, a large private sector bank in India, is to overhaul its treasury operations with Infosys’ Finacle banking system, Banking Technology understands.
Federal Bank in treasury management software overhaul, looks to replace Intellect
Federal Bank in India is looking to replace its legacy treasury system, supplied by Intellect Design Arena. It issued a request for proposal (RFP) for procurement and migration of treasury management. The bank currently runs its treasury operations from its Mumbai office, and is active in domestic, FX and derivative sectors. Since 2009, these have […]
