Discover all the payments and fintech-related news and analysis about India in The Paypers News, Reports, along with other India-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about India in The Paypers News, Reports, along with other
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Identity technologies and biometric solution provider IDEMIA has partnered with Airtel Payments Bank and HMD Global to expand the reach of offline CBDC payments in India.
product launch, partnership, CBDC, mobile banking, online banking, digital banking, financial institutions
Google-backed neobank Open has reached the Unicorn status, making it the 100th Indian company to reach the USD 1 billion benchmark, through its latest funding round.
neobanks, SMEs, SME lending, Unicorn, funding, crowdfunding, product upgrade, product launch, startup, fintech
India-based fintech FinBox has enabled a faster digital onboarding experience for digital lender Capital Now in addition to supercharging bank statement analysis.
lending, risk management, data analytics, API, digital onboarding
India-based Financial Software and Systems (FSS) has launched BLAZE, a payments technology platform, to meet the needs of banks and financial institutions.
payment processing, payment gateway, banks, fraud prevention, product launch
India-based fintech startup UGRO Capital Limited has announced its second equity capital raise, as subject to customary closing conditions.
funding, investment, online banking, digital banking, banks
Xiaomi has discontinued its financial services in India approximately three years after rolling out payment and lending apps in the market.
lending, regulation, instalment payments, digital payments
Amazon Pay has launched a service that enables two-way video communication in sign-language between Amazon Pay employees and customers in India.
product launch, customer experience, financial inclusion, KYC, digital payments
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
British Airways (BA) has partnered with Qatar Airways to allow customers to take out a Visa Infinite credit card, with the option to earn Avios when flying with the two airlines.
Visa, credit card, partnership, loyalty programme, product launch
Public sector Indian Bank has unveiled a QR code bill payment system for Chamundeshwari Electricity Supply Corporation (CESC) helping the power distribution company diversify its payments.
QR code, QR payments, payment methods, digital banking, digital payments
India-based Hitachi Payment Services in association with NPCI has launched UPI-ATM as a White Label ATM (WLA) to offer secure cardless cash withdrawals.
UPI, cashless, payments , digital payments, product launch
The Reserve Bank of India (RBI) has launched a blockchain-based trade financing pilot project.
central bank, blockchain, regulatory sandbox, trade finance
The Reserve Bank of India (RBI) has released, on 10 August 2022, its regulatory framework for digital lending, following recommendations put forward by the digital lending working group in November 2021.
regulation, central bank, lending, digital banking
The National Payments Corp of India (NPCI) has planned to authorise a third-party application provider (TPAP) licence for Paytm, an India-based digital payments app.
banking license, online banking, banks, mobile banking, digital banking
Real-time global payments provider Nium has obtained in principle approval for two payment licences from the Reserve Bank of India.
regulation, cross-border payments, expansion, fintech, banks
The Reserve Bank of India has planned to introduce its digital rupee central bank digital currency (CBDC) in a phased manner, according to beincrypto.com.
RBI, CBDC, Bitcoin, regulation, digital currency
India-based payments and API banking company Cashfree Payments has announced the launch of FlowWise, its payment orchestration platform, in the region.
payments orchestration, product launch, payment gateway, payment processing, payments infrastructure
India-based payments company Paytm has launched the 4G-enabled Soundbox 3.0 to further equip merchants in India with seamless and secure payment collections.
product launch, merchants, Paytm, POS, QR payments
Caller identification platform Truecaller has announced the launch of its AI-based SMS protection tool, currently available to all Android users in India.
product launch, artificial intelligence, machine learning, fraud management, fraud detection, fraud prevention, identity fraud, cybersecurity
India-based payments and API banking solution company Cashfree Payments has announced the launch of Vendor Payments to help businesses simplify the purchase-to-pay cycle.
product launch, payments , paytech, banking, API, fintech, e-invoicing, accounts payable, UPI, ERP, B2B payments, financial data