Found 121 results in 921 milliseconds.
NPCI International Payments Limited has signed an MoU with the Greek-based Eurobank in order to optimise cross-border payments using a UPI platform.
partnership, banking, payments , cross-border payments, cross-border ecommerce, ecommerce, UPI
US-based online payments gateway service provider PayPal has registered with the Financial Intelligence Unit – India under Anti-Money Laundering law.
regulation, AML, payments , online payments, mobile payments, digital payments, ecommerce
India-based Paytm has announced that it will invest USD 12 million in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem.
investment, global hub, financial services, fintech, cross-border payments
India-based startup Aye Finance has raised USD 37.18 million in a funding round led by British International Investment.
startup, investment, funding, financial inclusion, SMEs, SME lending
India-based Paytm has announced that its wholly-owned subsidiary Paytm Payment Gateway launched an alternate ID-based checkout solution.
online security, transaction fraud, payment gateway, online payments, online shopping, cybersecurity
Asset World Corporation (AWC) has signed a memorandum of understanding (MoU) with Ant Group to launch multiple cross-border payments and digital financial solutions.
retail, cross-border payments, digital payments, SMEs, digitalisation
China-based Ant Group has announced it will swap its stake in India-based payments company Paytm for convertible debt.
fintech, paytech, investment, regulation, payments
Bank of India has announced the launch of three dedicated centres for startups and plans to have 12 such centres with a with a USD 61 million loan book by the first year of operations.
startup, banking, financial inclusion, funding, lending
US-based tech giant Apple has expanded its retail operations in China by opening a second Apple Store in Shenzen, its 55th store in China.
Apple, ecommerce, delivery, expansion, retail
Amazon has joined and Indian government-backed ecommerce initiative that aims to ‘democratise’ online shopping in the South Asia.
ecommerce, Amazon, online shopping, digital payments, shopping
India and Singapore have linked their digital payment systems, UPI and PayNow to enable instant and low-cost transfers between the two countries.
remittance, money transfer, cross-border payments, payments infrastructure, UPI, PayNow, real-time payments
India-based fintech startup InsuranceDekho has raised USD 150 million from investors led by Goldman Sachs Asset Management, to target an under-served domestic market.
insurance, funding, investment, Goldman Sachs, equity, debt facility
Eric Grover, Principal at Intrepid Ventures, analyses the unbalanced competition between central banks and private-sector payment systems across the globe, revealing what are each’s strengths.
central bank, payments system, cross-border payments, fintech
India’s IT Ministry has blocked the apps of fintech Kissht and PayU’s LazyPay in a crackdown aimed to curb the misuse of consumer data.
BNPL, lending, regulation, compliance, fintech
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
India has proposed a new data privacy law that will mandate how companies handle data of its citizens, three months after it withdrew the previous one.
data, regulation, GDPR, compliance, online security
Lentra, an India-based embedded AI-based finance startup, has raised USD 60 million – a Series B that values the startup at over USD 400 million.
fintech, banks, embedded finance, artificial intelligence, startup
India has lifted restrictions on American Express, permitting the firm to onboard customers in the region after it complied with local data storage rules.
regulation, data, debit card, credit card, banks
The Russian and Indian Governments have gotten closer to an agreement to have cards based on Russia’s Mir payment system be accepted at ATMs and POS in India.
Russia Ukraine War, financial sanctions, UPI, cross-border payments
Visa has released ‘India taps into a Contactless Future’ whitepaper in partnership with Worldline, analysing India’s digital payments journey.
contactless payments, research, Visa, growth markets, digital payments