Hitachi will have a 26% share in a subsidiary of the State Bank of India. The lender serves more than 400 million people. Hitachi hopes to offer integrated services for ATM and POS terminals as well as payment systems for credit card companies and banks.
Read the full article from Nikkei Asian Review.
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Estimated reading time: 0 minutes, 23 seconds
Bank of India, Hitachi Team Up in Fintech Venture
State Bank of India and Hitachi will form a "financial technology joint venture" to service the country's rapidly expanding cashless pay market. So reports the Nikkei Asian Review.
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