NetSafe, is a unique online payment solution that offers you complete security while shopping on the Internet. With NetSafe, you can now shop online through a virtual credit card, without revealing your actual HDFC Bank Credit Card number.

Union Bank of India (UBI) together with Nokia launched ‘Union Bank Money powered by Nokia’ across India, starting with the National Capital Region, followed by a nationwide roll-out over the next few months. The service targets users, who do not have a bank account today.

ICICI introduces India’s first completely online bank account – Branchless Bankiing or b2. Branchless banking is a distribution channel strategy used for delivering financial services without relying on bank branches.

Infosys Technologies recently launched Finacle Advizor, an integrated platform which empowers banks to deliver products and services through a fully assisted self-service channel using existing Internet banking capabilities. The Finacle Advizor provides banking customers a self-service channel, like the Internet, kiosk and ATM, for real-time access to their bank relationship, such as account inquiries, fund transfers, credit card and mutual fund payments and remittances.

USAA Bank, a privately held bank and insurance company in the US, plans to update its iPhone application to introduce the check deposit feature. The customers need to photograph both sides of the check with the phone’s camera. The image is going into the Bank’s deposit-taking system as any other paper check would. To reduce the potential for fraud, only customers who are eligible for credit and have some type of insurance through USAA will be permitted to use the deposit feature.