Author: rajtechnews

EPF subscriber? How to update EPFO KYC online

New Delhi: Just like you need to give KYC documents to open a bank account or to invest in mutual funds and shares, you also need to fulfil the KYC criteria for your employees’ provident fund (EPF) account. The Employees’ Provident Fund Organisation (EPFO) allows you to complete the KYC process online. It uses Aadhaar and

Consumers will soon be able to use UPI for cash withdrawals

Consumers will soon be able to use the Unified Payments Interface (UPI) for cash withdrawals, apart from merchant payments and interpersonal transactions. Public sector lender Bank of India has already introduced this facility for its own customers, in partnership with Mumbai-based payments company AGS Transact Technologies. Further, the National Payments Corporation of India (NPCI), which

How your car may soon turn into a virtual ATM

Chris Ballinger came away from a year of crunching numbers at Toyota Motor Corp.’s Silicon Valley skunkworks convinced that his dream of automotive automation was no more fanciful than his bosses’ ambition to make a vehicle that can drive itself. So the former derivatives trader who spent 14 months as finance chief at Toyota’s innovation hub launched