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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India-based fintech unicorn Slice has announced the completion of its merger with North East Small Finance Bank, with the former entering the region’s banking sector.
merger, banking, digital banking, bank account, investment
Mastercard and PayMate have entered a multi-year agreement focused on enhancing digital business-to-business (B2B) payment processes across EEMEA.
partnership, B2B payments, digital payments, cash flow
State Bank of India has announced the launch of the SBI Innovation Hub in partnership with APIX, a platform that connects financial institutions and fintech companies.
partnership, fintech, financial institutions, financial services
The Reserve Bank of India (RBI) has announced new modifications to Know Your Customer (KYC) guidelines, with the regulator intending to optimise how financial institutions verify identities.
KYC, regulation, financial services, CDD, bank account
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