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IBM has signed a deal for an undisclosed amount with Federal Bank BSE -0.26 % to provide a security layer on the Kochibased lender’s mobile application which will also warn the users in case they attempt a transaction over an insecure network or through an infected device.

The app, called FedMobile, which can be used to transfer funds, make utility bill payments and utilise services such as top-up or recharge of mobile phones and payment of school fees, was developed on IBM’s MobileFirst platform. Read More