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SBI launches ‘Fx Out’ for forex remittance

Chandigarh: SBI has rolled out a new product namely Fx Out for outward forex remittance at all of its branches in Chandigarh Punjab Haryana Himachal Pradesh and Jammu Kashmir
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Chandigarh: SBI has rolled out a new product, namely “Fx Out”, for outward forex remittance at all of its branches in Chandigarh, Punjab, Haryana, Himachal Pradesh and Jammu & Kashmir. Customers can now remit up to $25,000 or equivalent at any branch instead of only specified authorised branches, as was the case earlier. The facility is also available from NRE accounts of NRI customers. TNS

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Verka, MobiKwik in pact for payment mode

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Mobile wallet company MobiKwik has announced a partnership with Verka, the flagship brand of Milkfed, Punjab. The tie-up will help customers in making cashless payments using MobiKwik at 525 Verka outlets across the state of Punjab. TNS

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Google acquires Kaggle in boost to data play

Technology giant Google has announced the acquisition of Kaggle, a startup that hosts a number of data scientists, for an undisclosed amount at the Cloud Next 2017 conference. Founded in 2010, Kaggle is home to the world’s largest community of data scientists and machine-learning enthusiasts. PTI

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