digital banking
Monzo Bank Launches Revolutionary 'Double Payday' Scheme: 10 UK Customers to Receive Matched Salaries Monthly
Dec 06, 2025 04:37 pm CST
Monzo's innovative 'Double Payday' program offers UK banking customers the chance to have their monthly salary doubled (up to £10,000) with no registration required. Beginning December 8, ten randomly selected customers receiving direct salary deposits via Bacs will win this financial windfall each month, strengthening Monzo's competitive position against rivals Starling Bank and Revolut.
Digital Fraud Incidents Rising Since July: RBI Deputy Governor Highlights Banking Sector Challenges
Nov 07, 2025 10:11 pm CST
RBI Deputy Governor T Rabi Sankar reports an uptick in digital fraud incidents since July after a period of decline, urging banks to modernize core infrastructure to compete with fintechs. The report details shifting fraud patterns, banking vulnerabilities, and the potential impact of digital currencies on traditional banking models.
Guru Nanak Jayanti 2025: Complete Guide to Bank Closures on November 5 and Regional Holiday Schedule
Nov 04, 2025 04:29 pm CST
On November 5, 2025, banks across numerous Indian states will remain closed in observance of Guru Nanak Jayanti. This comprehensive guide details which regions are affected, provides the complete November 2025 banking holiday calendar, and offers essential information about digital banking alternatives during the closure. The article includes RBI-verified holiday dates and historical context about Guru Nanak Dev Ji, the first Sikh guru whose birth anniversary is celebrated on this day.
Revolut Enters Indian Market with Digital Payment Platform, Targeting 20 Million Users by 2030
Oct 08, 2025 04:36 pm CST
London-based fintech giant Revolut is launching its payment platform in India through partnerships with UPI and Visa, investing £40 million to meet local data regulations. The company aims to acquire 20 million Indian customers by 2030 as part of its strategic global expansion, beginning with 350,000 waitlisted users later this year.