ACI Worldwide, a global provider of realtime electronic payment and banking solutions, announced that Canara Bank has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication, leveraging ACI’s UP Retail Payments solution to achieve market firsts.

Canara Bank, one of India’s largest public sector banks with nearly 6,300 branches and a network of more than 10,000 ATMs, is the first public sector bank to shift to EMV chip and PIN for card present transactions across the country’s vast ATM network. The EMV shift, as in other major global markets, is aimed at reducing lost and stolen card fraud and making counterfeit card fraud more difficult. The Reserve Bank of India (RBI) had set a deadline of December 31, 2018 for the switch, mandating use of an embedded chip to replace the traditional magnetic stripe card.

Kolkata-based Bandhan Bank on April 16 said it has received approval of the Competition Commission of India (CCI) for the proposed acquisition of Gruh Finance. Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over in January by Bandhan Bank in a share-swap deal.

Last month, the private sector lender received a nod in this regard from the Reserve Bank of India.

"The Competition Commission of India has by way of its letter dated April 15, 2019, intimated that CCI, at its meeting held on April 15, 2019, considered the proposed combination and approved the same," the bank said in a regulatory filing.

Ace cricketer Mithali Raj has been named as the goodwill ambassador of the Indian team for the Street Child Cricket World Cup.

Captain of India's woman ODI side, Mithali joins former captain Saurav Ganguly and IPL franchise Rajasthan Royals in supporting the team.

Mithali said, "I am excited to join the Street Child Cricket World Cup as a goodwill ambassador for Team India.

As an athlete, I know the true potential that sports can play in not just changing a child's reality, but also garnering public support for children who live on the streets.

"India has over 20 lakh street connected children and there lies our nation's untapped potential.

A rural farmer in Tanzania hovers over a wilting cassava plant with her phone. In seconds she gets a diagnosis of the disease affecting her plant and how best to manage it to boost her production.

The farmer used an app on her phone based on TensorFlow, Google's Artificial Intelligence (AI) machine that the company opensourced to help developers create solutions to real-world problems.

When people think of Artificial Intelligence, they most likely think of scenes from science fiction movies, but in reality, it applies to everyday life from virtual assistants to language translation on Google, says John Quinn, an AI researcher.

Google now wants to position itself as an "AI first" company and with research centers across the globe in places such as Tokyo, Zurich, New York, and Paris.

And last week, the technology company opened its first center in Africa in Ghana's capital city, Accra.

The Non-Resident Indians (NRIs) living in nearly 40 countries will now be able to open account in IDBI Bank without submitting paper documents, the lender said Tuesday.

IDBI Bank has launched 'NRI-Insta-Online' account opening process for NRIs residing in Financial Action Task Force (FATF) member countries, it said in a release.

The person will not be required to furnish physical documents as well as KYC proofs for opening an account with the bank.

"NRIs desirous of opening account can now access the 'NRI Insta-Online' on the bank's website via web module, upload the supporting documents and choose the branch in which the account needs to be opened," IDBI Bank said.

On successful upload and verification of the scanned documents, the account is instantly opened and an electronic advice is sent to the customer.

The lender said this is a user-friendly initiative that will help NRIs to open the account without any need to visit the branch or submit physical documents.

The 8th edition of Home Expo India 2019 began at India Expo Centre and Mart in Greater Noida on Tuesday. 

It covers sectors with maximum thrust and growth potential in home decor, furnishing, furniture, flooring and textiles. About 500 companies in permanent marts will be exhibiting their collection under these categories.  The three-day exhibition has been organized by the Export Promotion Council for Handicrafts. 

Textile Ministry in a release said, handicrafts exports during the year 2018-19 was to the tune of 26 thousand 590 crore rupees registering a growth of 15.46 per cent over the previous year.

Golfer Tiger Woods clinched his fifth Masters and a 15th major title, ending 11-year wait for a major title after overcoming career-threatening back problems. There were raucous celebrations around the 18th green as 43-year-old Woods finished with a two-under-par 70 to win on 13 under, one clear of fellow Americans Dustin Johnson,
Xander Schauffele and Brooks Koepka. 

Overnight leader Francesco Molinari's hopes sunk with two double bogeys on the back nine and he had to settle for a share of fifth on 11 under. Today's thrilling victory puts the former world No.1 just three majors behind the all-time record of Jack Nicklaus.

In tennis, continuing his good run, India's Prajnesh Gunneswaran achieved a career-high ranking of 80 in the latest ATP rankings released on Monday. 

The 29-year-old from Chennai, who broke into the top 100 in February this year, improved two places to become the sixth highest in terms of singles ranking in the history of Indian tennis. 

Prajnesh had reached the third round of Indian Wells in his maiden appearance at an ATP Masters event. 

He had also made it to the third round of an ATP 1000 Tournament for the first time in his career at the BNP Paribas Open early this year.

Prajnesh had also entered the main draw of Miami Open to rise to 81 last month.

Another Indian Ramkumar Ramanathan dropped 16 spots to slip out of the top 150. He is now at the 157th position.

Prime Minister Narendra Modi has said that NDA is fully committed to fulfilling the dreams and aspirations of people of the country. In an exclusive interview to DD News, Mr Modi said that for the five years the focus was on meeting the needs of people, and the next five years will be spent fulfilling the dreams and aspirations of people of India. 

Prime Minister asserted that NDA govt is committed to the welfare of farmers. Mr Modi said that government launched the Pradhan Mantri Kisan Samman Nidhi scheme to provide an assured income support to the small and marginal farmers. 

Prime Minister also said that India has emerged as a major global power during last five years in a multi-polar world scenario. Mr Modi said, India believes in working with everyone for the good of all.

Some 600 people have been evacuated from their homes in the old city of Frankfurt so specialists could remove a World War II-era bomb that was discovered in the Main River.

Firefighters had discovered the American 250-kilogram (550-pound) bomb during diving training in the river on Tuesday.

Even more than 70 years after the end of the war, bombs and other munitions still turn up regularly in Germany, a testament to the ferocity of the fighting in World War II.