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Discover all the Company news on RBI and other articles related to RBI in The Paypers News, Reports, and insights on the payments and fintech industry:

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RBI grants cross-border payment licence to BillDesk, Amazon Pay, and Adyen

News | Payments General | 31 Jul 2024

The RBI central bank has announced its decision to grant fintech firms BillDesk, Amazon Pay, and Adyen a cross-border payment licence. 

payments aggegator license, payments , online payments, mobile payments, digital payments, financial services, financial institutions, cross-border payments, cross-border ecommerce

RBI bars Kotak Bank

News | Online & Mobile Banking | 26 Apr 2024

The RBI has ordered Kotak Mahindra Bank to stop onboarding new customers through its online and mobile banking channels and stop issuing new credit cards. 

regulation, banking, online banking, mobile banking, digital banking, financial services, financial institutions

India Central Bank to use AI for instant payments

News | Online Payments | 15 Aug 2023

India Central Bank has proposed new AI-powered instant conversational payments in order to improve the overall digitalisation process in the region.

product launch, artificial intelligence, machine learning, payments , UPI, online payments, digital payments, mobile payments

RBI partners with ION to adopt its ISO 20022 solution

News | Digital Identity, Security & Online Fraud | 12 Jul 2023

Trading, analytics, treasury, and risk management solutions provider ION has partnered with Raiffeisen Bank International (RBI) to implement its ISO 20022 solution.

partnership, ISO 20022, SWIFT, payments , TARGET2, FX , cross-border payments, Swift messages, banking, KYC, compliance, fintech, paytech

RBI approves CRIF Connect to act as an account aggregator

News | Online & Mobile Banking | 29 Mar 2023

CRIF Connect, a subsidiary of credit bureau company CRIF, has received approval by the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company-Account Aggregator (NBFC-AA), according to Financial Express

data aggregation, central bank, Open Banking, financial data

Worldline ePayments India licenced as a payment aggregator

News | Payments General | 22 Dec 2022

Digital payment processing firm Worldline ePayments India has received in-principle authorisation to act as a payment aggregator (PA) from the Reserve Bank Of India (RBI).

payments , payment gateway, payment processor, payment institution, payments aggegator license, payments aggregator, regulation, license