Discover all the Company news on Reserve Bank Of India and other articles related to Reserve Bank Of India in The Paypers News, Reports, and insights on the payments and fintech industry:
Discover all the Company news on Reserve Bank Of India and other articles related to Reserve Bank Of India
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The Reserve Bank of India (RBI) has planned to issue an additional licence category for point of sale (POS) businesses in a bid to improve the offline payments ecosystem.
payments aggegator license, KYC, fraud management, fraud prevention, POS
UK-based fintech company Revolut has obtained an in-principal authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) in the region.
payments , mobile payments, financial inclusion, local payment method, cross-border payments
The Reserve Bank of India (RBI) has proposed to set up Digital India Trust Agency (DIGITA) to tackle illegal lending apps, verify approved ones, and promote transparency.
lending, fraud prevention, financial crime, digital verification, regulation
The Reserve Bank of India has announced its plans to launch an interoperable payment system for internet banking for faster fund settlements.
product launch, payments , digital payments, online payments, mobile payments, ecommerce, customer experience
Amazon Pay has secured a payment aggregator licence from the Reserve Bank of India, being enabled to offer online merchant payment solutions to its clients.
payments aggegator license, payments , online payments, mobile payments, digital payments, ecommerce
The Reserve Bank of India has directed the National Payments Corporation of India (NPCI) to review a request from Paytm.
banks, payment processing, compliance, digital payments
The Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) are in discussions to connect their respective fast payment systems to facilitate cross-border remittances between India and Nepal.
central bank, UPI, cross-border payments, remittances
The Reserve Bank of India (RBI) has urged Visa and Mastercard to halt card-based business-to-business (B2B) payments routed via third-party fintech firms.
payments , B2B payments, KYC, compliance, fintech
The Reserve Bank of India (RBI) has revealed its intention to explore offline solutions to improve CBDC adoption in India’s remote areas.
cryptocurrency, CBDC, digital assets, banks
India-based fintech infrastructure platform Decentro has received its final payment aggregator licence from the Reserve Bank of India (RBI).
payments aggegator license, payments , fintech, financial services, financial institutions
Youth-focused neobank Muvin has announced its decision to shut down its operations, as a result of the RBI direction which forbade UPI in a co-branding deal.
regulation, banking, mobile banking, digital banking, online banking, financial services, financial institutions
India-based Paytm has suffered a significant dip in its market valuation following an order issued by the Reserve Bank of India.
banks, compliance, regulation, payments
The Reserve Bank of India has published a draft framework for recognising self-regulatory organisations (SRO) for the fintech sector.
regulation, fintech, banks, compliance
The Reserve Bank of India (RBI) governor has announced the launch of a new UPI digital payments suite built by the National Payments Corporation of India (NPCI).
product launch, payments , paytech, digitalisation, fintech, QR code, UPI, Tap-to-Pay, credit access, NFC, artificial intelligence
India-based YES BANK has gone live with Unified Payments Interface (UPI) interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) app.
product launch, UPI, CBDC, digital currency, banking, fintech, digitalisation, QR code, transactions , crypto
The Reserve Bank of India (RBI) has announced the launch of a pilot project in the form of a Public Tech Platform to simplify access to credit.
banking, online banking, online platform, digitalisation, financial institutions
The Reserve Bank of India has abandoned plans for a high-profile project intended to rival the country’s dominant payment system, Unified Payments Interface (UPI).
UPI, RBI, payments infrastructure, ecommerce, payments
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
The Indian government has revealed its plans to introduce a digital credit framework regulated by the Reserve Bank of India.
banks, regulation, lending, compliance
The Reserve Bank of India (RBI) has ordered SBM Bank India to stop all transactions under Liberalised Remittance Scheme (LRS) till further orders.
central bank, banks, remittance, transactions , digital currency