Yes Bank

ICICI Bank To Bail Out India’s Yes Bank

ICICI Bank in India has announced it will initiate a rescue deal with Yes Bank to the tune of up to 10...

Google Pay Restricts App After Yes Bank Seizure Disrupts Payments Rails In India

Google Pay, the leader in India’s instant real-time payment system Unified Payments Interface (UPI), temporarily turned off its app’s “check account balance”...

India’s Yes Bank Founder Held On Fraud Charges

Yes Bank founder Rana Kapoor was arrested on money-laundering charges amid efforts to formulate a rescue plan for the country’s fourth-largest private...

Yes Bank’s Chaos Means No-Go For Payments

For digital payments, for eCommerce, when a bank gets interrupted … the impact is instantaneous and disruptive. To get a sense of...

Today In Payments: India Seizes Control Of Yes Bank; JPMC CEO Dimon Recovers From Heart Surgery

In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the...

India Seizes Control Of Yes Bank, Plans Bailout

The Indian government has seized control of its fourth-largest private bank as it organizes a bailout plan and temporarily limits how much...

India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer

Yes Bank in India has received an offer from an unnamed investor in the amount of $1.2 billion for a stake in...

RBI Fines Yes Bank For Money Transfer Violations

The Reserve Bank of India (RBI) has fined Yes Bank Rs 11.25 lakh under the Payment and Settlement Systems Act of 2007, according...

In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants

For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for...

Faster Payments’ Impact On India’s 100M Migrant Workers

For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value...

Yes Bank’s Statement On RBI’s Audit May Have Mislead

Yes Bank is facing criticism by the Reserve Bank of India, which contends disclosures from an audit report were released in an effort...

YES BANK On Developing APIs For Speedy, Scalable Service

For FIs, catering to corporate clients can mean tailoring their solutions to all the unique needs — but developing, managing and supporting...

How APIs Help Deliver B2B Payments Personalization — At Scale

Open banking shows no sign of diminishing in 2019. Several countries are already enacting open banking legislation, and the trend is even...

YES Bank Denies Concealing Bad Corporate Loans

India’s YES Bank has denied covering up data that would reveal non-performing assets (NPAs) in the bank’s corporate loan portfolio, according to...

Wirecard Teams Up With Cognigy For Chatbot Payments, YES BANK Rolls Out Cashless System

Welcome to The Axis, your look at payments news from around the world. Coverage includes Germany’s Wirecard works with Cognigy on digital payments...

For Some Banks, FinTech Spawns Staffing Spree, Others Cut Jobs

YES BANK Caters To India’s Startups With Government Partner

India’s YES BANK is rolling out new financial services for startups across the country through a partnership with Kerala Startup Mission, a...

YES BANK Taps Tax Return Data For SMB Loan Underwriting

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said...

Microsoft Integrates Payments For Mobile Workforce On Kaizala

Microsoft is enhancing its payments capabilities by integrating peer-to-peer (P2P) payment functionality on its Kaizala solution in India, the technology firm said...

YES BANK Taps Robotics For Export-Import Digitization

India’s YES BANK is integrating robotics process automation to facilitate document and data sharing in export-import services. The bank announced news on Tuesday...

Hike Launches Digital Payments In Its India Messaging App

Hike, an India-based instant messaging company, recently updated its app to launch a new feature: a digital payments wallet. According to a report...

India’s YES BANK Debuts Phone-/Internet-Free Mobile Banking

YES BANK, the fifth largest private bank in India, announced Wednesday (May 24) the launch of SIMsePay, a feature that lets any...

Yes Bank Accelerator Eyes B2B FinTech In Newest Accelerator Program

Yes Bank has chosen 12 startups to partake in its accelerator program, and among them are several B2B FinTech players. The India...

YES BANK Boosts Debit Card Portfolio With Contactless Cards

YES BANK, India’s fifth-largest private sector bank, has taken its debit card portfolio to the next level with the introduction of contactless...

Yes Bank, Bajaj Electricals Link For Blockchain Supplier Financing

Yes Bank is moving forward with efforts to integrate blockchain into its financial services, and reports Tuesday (Jan. 3) said the Indian...

Amazon India Taps Yes Bank For Seller Loans

Amazon is working with Yes Bank in India in order to boost its seller financing program. Amazon India reportedly struck a deal...

Yes Bank Says ‘Yes’ To Prepaid For Corporates

Indian bank Yes wants to link its business customers to prepaid cards but isn’t doing so without some help. Yes Bank, reports...