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Home > Availing Mobile Phone Deals
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Displaying Items 1 - 1 and News Search:
- Google confirms acquisition of 'Superpoke' maker Slide
Fri, 06 Aug 2010 11:38:26 -0700 Google on Friday officially announced it has acquired Slide Inc., confirming rumors circulating earlier in the week. Slide creates entertainment products that tie in with social networks and online communities such as SuperPoke! and its family of related games, Top Fish, and FunSpace.
- Assessing the comfort level of corporate travel professionals with social media
Fri, 06 Aug 2010 02:49:27 -0700 Corporate travel professionals are increasingly using social media to communicate with travellers. Significantly, corporate travel departments are also becoming more comfortable with this form of collaboration.
- IT Neglecting Social Media
Thu, 05 Aug 2010 08:43:42 -0700 Most tech companies have Twitter, LinkedIn, and other social network accounts, but aren't using the opportunities for interaction.
- Hands-on: Jolicloud 1.0 makes Web apps equal desktop citizens
Fri, 06 Aug 2010 08:38:04 -0700 Jolicloud, a Web-centric Linux distribution for netbooks, reached an important milestone this week with the launch of version 1.0. The platform, built atop Ubuntu, offers intriguing synchronization capabilities and comes with its own distinctive user interface shell that is constructed with standards-based Web technologies. We first looked at Jolicloud last year when the original alpha version ...
- Top 16 Unusual Foursquare Badges
Wed, 04 Aug 2010 20:46:34 -0700 Since Foursquare ’s launch in March 2009, there has been a lot of excitement about where the company is going. But we’d like to take a moment to reflect upon where it’s been, via one of its most entertaining…
- DISA's Dave Mihelcic: 'Technology is easy, culture is hard'
Thu, 05 Aug 2010 11:34:36 -0700 The Defense Information Systems Agency strives to keep pace with the quickly adapting defense landscape to deliver critical information and tools to warfighters in the field.
- Jackson & Coker Executives Offer Instruction on Physician Staffing
Wed, 04 Aug 2010 13:51:00 -0700 Three VP’s Participate in Symposium for Physician Recruiters
- iPhone 4: the review
Wed, 04 Aug 2010 04:38:54 -0700 Apple die-hards have most likely already snapped one up, but is it any good for the rest of us?
- Q& A: Blitz Talks Indies Program, Kinect Development, Claims 'No Lag' In Kinect
Wed, 04 Aug 2010 05:06:51 -0700 The UK-based Blitz Games (Dead To Rights: Retribution, Droplitz) announced the Blitz 1Up initiative some time ago - a program intended to assist indie developers in bringing their games to market. The Blitz 1Up program promises to help indie teams with distribution, PR, marketing, funding, QA, and design, and helps developers bring their games to platforms such as the PC, Mac, and Xbox Live ...
- iPhone 4 threesome: the definitive review
Tue, 03 Aug 2010 21:29:30 -0700 The iPhone 4 launch buzz has died down and Apple die-hards have most likely already snapped one up, but is it any good for the rest of us?
Branchless Banking
Eko in partnership with Centurion Bank of Punjab has launched "Abhilasha" - No Frills Savings Accounts in Uttam Nagar, New Delhi. This is a pilot project under Reserve Bank of India's Business Correspondent circular. This pilot project started on 25th of February 2008 and we have close to 800 customers right now. Uttam Nagar is a 12sq km area with 5 ATMs, while we have setup 30 cash points.
"Abhilasha" customers avail of deposit and withdrawal facility without the customer ever having to visit the ATM or branch thus enabling low cost "Branchless Banking" using mobile phone as a channel. The innovative offering enables customers who have mobile phones to be banked - a first step towards profitable financial inclusion.
Customers can open their accounts and transact (deposits / withdrawals) at multiple Eko Cash Points in their locality. They have all the protections extended just like any other depositor with a bank under RBI regulations. Eko extends 3-level security to the customers for their financial transactions using their mobile phone, PIN number and Signature Booklet (filed for patent). We are leveraging the behavior of prepaid talk-time recharge by telecom subscribers.
The model is such that money is deposited to the bank, through the distribution chain of Eko Cash Points, even before the savings are mobilized from the retail customers. Hence the scope for fraud in collection of savings from these small depositors is hugely reduced. Subsequently, Eko Cash Points mobilize savings from retail customers. This is very similar to the hugely successful "prepaid model" used by the telecom companies for cash management.
We are trying to simplify opening of a bank account to as simple as getting a prepaid mobile connection and looking to ensure greater outreach of financial services. We wish to extend this low-cost infrastructure to financial institutions across India on a progressive basis.
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