State Bank of India

33 results about this entity

Period: 28 Jul 2006 - 08 Feb 2024

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/payments

State Bank of India signs deal with Flywire

Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today announced that it has partnered with State Bank of India, India’s largest public sector bank, to enable Indian payers to seamlessly and digitally pay international education-related fees in their local currency (Indian Rupees) to higher education institutions all over the world.

Pine Labs scores $20 million investment from State Bank of India

/payments

Pine Labs scores $20 million investment from State Bank of India

Riding the BNPL wave, Mastercard-backed Indian merchant commerce platform Pine Labs has picked up a fresh $20 million investment from the country's largest commercial bank, the State Bank of India (SBI).

State Bank of India invests in local payments processor Cashfree

/startups

State Bank of India invests in local payments processor Cashfree

State Bank of India has made an undislcosed investment in Paypal-incubated digital payments processor Cashfree.

India's NPCI and SBI Payments launch NFC-based SoftPOS system

/inclusion

India's NPCI and SBI Payments launch NFC-based SoftPOS system

National Payments Corporation of India (NPCI) has teamed up with a State Bank of India unit to launch a tool that turns NFC-enabled phones into merchant point-of-sale terminals.

/wholesale

State Bank of India in the US deploys Surecomp to support trade finance growth

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that the State Bank of India (California) (SBIC), has selected and gone live with its back-office trade finance processing automation solution DOKA-NG.

/payments

State Bank of India introduces contactless payments wristwatch

Last month, the State Bank of India (SBI), in partnership with IBM and the watchmaker Titan, released Titan Pay, the country’s first contactless payments wristwatch.

/payments

State Bank of India turns to ACI Worldwide for payment switch modernisation

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, has modernized payments infrastructure for ATM and point-of-sale (POS) at State Bank of India (SBI), the country’s largest bank with more than 440 million account holders.

/payments

SBI Card and IRCTC launch co-branded contactless credit card on RuPay platform

SBI Card and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) today launched the IRCTC SBI Card on RuPay platform.

Monkey business: primate goes bananas at ATM

/retail

Monkey business: primate goes bananas at ATM

Humans may be avoiding cash during the Covid-19 pandemic but one of our primate cousins was less discerning this week as it ripped up an ATM.

Microsoft and SBI Foundation collaborate on training for staff with disabilities

Microsoft India today announced a collaboration with SBI Foundation to create opportunities for youth living with disabilities in the Banking, Financial Services and Insurance (BFSI) sector.

/retail

BEP Systems Wins contract to develop buy to let platform for State Bank of India UK

BEP Systems, the mortgage origination software house, has been appointed by the State Bank of India UK (SBI UK) to provide a systems solution for its buy to let lending platform.

State Bank of India rolls out digital banking app in UK

State Bank of India (SBI) last night, launched its digital banking app YONO for customers of SBI (UK) Limited, by State Bank of India chairman Rajnish Kumar at an exclusive event hosted in coordination with the UK India Business Council (UKIBC).

SBI partners with FSS for One Nation One Card programme

State Bank of India, the country’s leading public sector bank, has partnered with FSS (Financial Software and Systems), a leading global digital payment and financial technology company, to implement first of its kind One Nation One Card program and accelerate growth of digital payments at mass-scale.

RBI fines Indian banks over Swift compliance failures

/regulation

RBI fines Indian banks over Swift compliance failures

The Reserve Bank of India (RBI) has fined at least 19 banks, including ICICI, State Bank of India and Yes Bank, for failing to comply with rules on using the Swift network.

SBI and Hitachi form merchant acquiring joint venture

State Bank of India (SBI) and Hitachi Payment Services Pvt. Ltd., a wholly owned subsidiary of Hitachi, Ltd., announced the launch of merchant acquiring joint venture, SBI Payment Services Pvt. Ltd. (SBIPSPL) in Mumbai, for establishing a state-of-the-art digital payments platform for India and other countries in the region.

Indian bank's password failure exposes customer account data - TechCrunch

Indian bank's password failure exposes customer account data - TechCrunch

State Bank of India failed to secure a server, leaving the financial information, such as account balances, of millions of customers exposed, according to TechCrunch.

Hitachi and SBI form payments joint venture

Hitachi and SBI form payments joint venture

Hitachi is moving into the merchant acquiring business, buying a 26% stake in SBI Payment Services in India.

India's largest lender to begin tests of smart contracts

India's largest lender to begin tests of smart contracts

State Bank of India is to begin testing the use of smart contracts next month, with blockchain-enabled know your customer processing to follow.

NCR scores $50 million ATM order from State Bank of India

NCR Corporation (NCR), a global leader in omni-channel solutions, today announced that State Bank of India (SBI), the country’s largest financial institution, has awarded NCR with the single largest order of ATMs in India.

Indian banks hit by massive ATM breach

Indian banks hit by massive ATM breach

India's top banks are asking customers to change PIN codes and recalling millions of debit cards following reports of a malware-based security breach at a number of unspecified ATMs across the country.

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