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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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
Google India has announced a series of new fraud-detection techniques designed to make digital payments on Google Pay UPI platform more secure.
fraud detection, fraud prevention, digital payments, artificial intelligence
The Reserve Bank of India (RBI) has released its latest financial stability report with digital currencies coming under the spotlight.
cryptocurrency, regulation, digital assets, central bank, digital currency
India-based Yes Bank has partnered banking-as-a-service (BaaS) startup Falcon to improve the banking experience of its customers.
BaaS, partnership, banks, embedded finance, fintech
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 fintech Moneyview has secured USD 75 million in its Series E round, according to IBS Intelligence.
fintech, funding
India-based private sector bank HDFC Bank has announced a partnership with Microsoft to further its digital transformation journey by leveraging Microsoft Azure.
partnership, digitalisation, banking, online banking, artificial intelligence, machine learning, digital banking
India-based ICICI Bank has rolled out digital solutions comprising of a set of banking and value-added services on a single platform, looking to digitise the export lifecycle.
product launch, banking, digital banking, digitalisation, API, FX , cross-border logistics, fintech, ERP, cash management
ACI Worldwide has completed in installation upgrade with ATM operator India1 Payments to increase delivery of payments and financial services to India’s financially excluded.
ATM, partnership, financial inclusion, real-time payments, digitalisation
Walmart, together with other PhonePe shareholders, have been billed an approximate of USD 1 billion in tax following the digital payments’ company shift to India.
payments , online payments, digital payments, tax bill, regulation
India-based Axis Bank has partnered with digital bank OPEN to offer a fully native digital current account journey for its customers.
online banking, digitalisation, KYC, fintech, Axis Bank
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
India-based fintech platform KreditBee has closed its second tranche of a USD 200 million Series D funding with an USD 100 million in primary funding from Advent International.
funding, investment, lending, financial inclusion, underwriting, credit scoring, banking
India-based fintech company BankSathi has raised a pre-series A found of USD 4 mln to expand in new geographic areas and invest in growing its agent network.
startup, funding, investment, ecommerce, banking
India-based fintech BharatPe has gotten an in-principle authorisation from the Reserve Bank of India (RBI) to operate as online payment aggregator (PA).
payments aggegator license, RBI, online payments, fintech, digital payments
India has planned to spend around USD 320 million to promote cards in RuPay and for low-value UPI transaction to stir the growth of its national payments network.
UPI, credit card, NPCI, POS, ecommerce
The governor of the Reserve Bank of India has reinforced his stance on banning cryptocurrencies such as bitcoin and ether.
cryptocurrency, central bank, digital assets, regulation
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
Payments services provider Worldline has announced the launch of its Buland Bharat digital payments suite looking to support the needs and wants of India-based SMBs.
product launch, payments , digital payments, SMEs, digitalisation, omnichannel, online payments, cash management, payment processor, merchants, ecommerce
India-based company Razorpay has launched a forex service for startups, to offer foreign exchange products for an improved cross-border payments processing.
product launch, startup, cross-border payments, cross-border ecommerce, ecommerce, online payments, digital payments