News Broadcasting
Indicash – India’s largest White Label ATM network pioneers ‘uberisation of ATMs’
MUMBAI: Tata Communications Payment Solutions Limited (TCPSL), that owns and operates India’s first and largest* white label ATM (WLA) network –‘Indicash’, today announced that it has contracted 1500 ATMs under its revolutionalry WLA co-branding model – that has paved ‘uberisation of ATMs’ in the country. With instant access to Indicash’s expansive 8000+ WLA network in 21 states, this plug and play ATM deployment model enables banks to rapidly expand their ATM footprint across the country. TCPSL’s pioneering WLA co-branding solution is designed for new age & far-sighted banks i.e. public, private, co-operative, small & payment banks along with NBFCs to give them ready access to high potential markets with minimal investments, zero capex and without any operational hassles.
Within few months of its launch, the model has found acceptance from multiple reputed banks. These include the recent largest co-branding alliance with a leading Payments Bank recognized as India’s largest digital wallet player headquartered in Noida for deploying ~1000 ATMs spanning 18 states. Other key banks include Suryoday Small Finance Bank; private banks like Federal Bank; foreign banks like DBS Bank Ltd.; scheduled commercial banks like The Nainital Bank Ltd; and co-operative banks like The Sutex Co-operative Bank Ltd., and Solapur Janata Sahakari Bank Ltd., amongst others.
Sanjeev Patel, CEO, Tata Communications Payment Solutions Limited, says, “We are pleased to extend this pioneering & disruptive gig economy model to banks who are nimble and far sighted. With this model’s inherent operational and cost benefits, they will be able to rapidly advance their ATM-cum-brand reach.” He further adds, “Indicash’s WLA co-branding solution for banks spells the beginning of the end of the archaic commitment and capex heavy brown label ATM model that is prevalent in the industry today. Similar to the developed economies we foresee this cutting edge model to be rapidly adopted by, ‘plugged-in’, customer-centric banks in India and will further fuel cash accessibility in the country.”
Partner banks’ customers can enjoy host of cash and non-cash services such as cash withdrawals, balance enquiries, mini-statements, PIN change and VAS like card-to-card transfer, cheque book request and bank statement request. These ATMs accept all domestic debit cards with the first five or three free transactions per month, depending on the location, in line with the RBI regulations for use of ‘other bank’ ATMs. Moreover, bank customers can also avail a host of enhanced ATM services like setting their favourite transaction to save transaction time on their every visit, preferred language feature that enables customers to choose and enjoy transacting in their preferred language.
Indicash® ATM network is India’s first and the largest* WLA network. It is currently the **2nd largest ATM network across semi urban and rural markets after SBI and the **8th largest ATM network with over 8000 ATMs driving cash accessibility across ~5000 towns and villages in 21 states. Indicash® is committed to accelerate RBI’s vision to extend ATM accessibility to the masses with special focus on Tier 3 to 6 geographies which are largely underserved by the banks. The company is in its 5th year of operation and a market leader with over 48%# market share in the white label industry.
News Broadcasting
CNN-News18 to air live counting day coverage for five state election results on May 4
The channel is rolling out its biggest election coverage machinery yet for results day on 4th May
NOIDA: The votes have been cast. Now comes the reckoning. CNN-News18 is pulling out all the stops for results day on 4th May, when counting begins across five battleground states — West Bengal, Assam, Kerala, Tamil Nadu and the Union Territory of Puducherry — in what promises to be one of the most closely watched electoral verdicts in recent memory.
The channel’s coverage, titled Battle for the States: The Verdict, kicks off at 7am and runs through the day across linear TV, connected television and YouTube. It is the culmination of CNN-News18’s multi-format editorial initiative, Battle for the States, which has tracked the polls from the beginning under the theme Road to Power.
At the operational heart of the coverage will be the Live Results Hub, the channel’s central command centre built to collate, verify and process real-time data flowing in from reporters stationed at counting centres across constituencies. The hub combines newsroom intelligence, analytics and on-the-ground reporting to deliver what the channel promises will be the fastest and most accurate results coverage in English news.
Leading the on-air charge will be primetime anchors Rahul Shivshankar, Anand Narasimhan, Aman Sharma, Nabila Jamal and Shivani Gupta. They will be joined by a wide panel of commentators including author Chetan Bhagat; GVL Narasimha Rao, senior leader of the BJP; Smita Prakash, editor of ANI; activist Saira Shah Halim; political analyst Sumanth C Raman; Abhijit Iyer Mitra, senior fellow at IPCS; Amitabh Tiwari, founder of VoteVibe; columnist Abhijit Majumdar; Nalin Mehta, managing editor of MoneyControl; political analyst Tehseen Poonawalla; senior journalist Subir Bhaumik; and political analyst Manojit Mandal.
Shivshankar, who serves as editorial affairs director at CNN-News18, set out the stakes plainly. “Counting day is one of the most watched events in the electoral cycle, where speed and credibility are tested in real time,” he said. “Battle for the States: The Verdict is built on that promise, combining ground reporting, sharp analysis and cutting-edge election technology to give viewers the clearest and fastest route to the verdict. On May 4, CNN-News18 will once again be the nation’s most trusted channel to witness democracy in action.”
Smriti Mehra, chief executive of English and Business News at Network18, framed the coverage in broader terms. “Elections are defining national events, and audiences turn to brands they trust in moments that matter,” she said. “CNN-News18 has consistently led from the front in every election coverage, and this special programming reflects the scale of our ambition and editorial strength.”
The channel has form here. It claims to have been India’s most preferred English news destination for election results for the past 20 years, covering everything from the 2024 general elections to the Delhi, Maharashtra, Bihar and BMC polls on the back of what it calls an “Always First, Always Right” record. Five states, one day, and a nation waiting for answers. The clock starts at 7am on 4th May.
