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Online payment solutions provider PayU has announced that it received in-principal approval from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA).
SMEs, merchant, online payments, payment methods, payments aggregator
Google Wallet has set to launch in India, separate from Google Pay.
digital wallet, mobile payments, product launch, digital payments, loyalty programme
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Pat Patel and Matthias Kröner from Elevandi provide insights into key trends shaping fintech and payments in Asia Pacific and Europe.
fintech, digital assets, payments , artificial intelligence, financial inclusion
An Indian parliamentary panel has released a report in order to red-flag PhonePe and Google Pay, which currently process 83% of India’s UPI payments.
regulation, digital payments, online payments, mobile payments, payments , UPI, ecommerce
France-based payment solutions provider Lyra has partnered with India-based NPCI International Payments Limited (NIPL) to introduce the UPI payment mechanism in France.
partnership, UPI, online payments, mobile payments, online transaction
Singapore-based Fingular has announced its expansion in India under the brand name TrustPaisa, offering local customers its suite of digital financial services.
expansion, partnership, banking, financial services, financial institutions, online banking, mobile banking, digital banking
The Google Play Store in India has removed the Binance and OKX cryptocurrency exchange apps following a noncompliance notice issued by the government.
compliance, cryptocurrency exchange, cryptocurrency, regulation
Guillaume Tournand, VP of Growth for Digital Commerce at Worldline, discusses the new power dynamic of ecommerce, and the significant innovations in the field that led Asia and LATAM to become highly recognised digital commerce hubs.
ecommerce, cross-border ecommerce, ecommerce platform, digital payments, instalment payments, mobile payments, fintech, omnichannel payments solution, local payment method, digitalisation, online payments, payments , 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
ACI Worldwide has released its Scamscope Report which shows how scam losses are expected to hit USD 6.8 billion by 2027.
scam, report, online payments, online security, fraud detection
Building onto our previous reporting related to the partnerships that took place in Q3 2023 within the payments and commerce space, this analysis focuses on the banking and fintech industry.
banking, fintech, fraud prevention, financial crime, Open Banking, Open Finance, crypto, web3, The Paypers Quarterly Analysis series
Norway-based IDEX Biometrics has partnered with global card manufacturer KL HI-Tech to launch biometric payment cards in India.
partnership, biometrics, product launch, payments
Cryptocurrency exchange Coinbase has disabled user sign-ups on its exchange product in India but reaffirmed its commitment to the Asian country.
cryptocurrency exchange, cryptocurrency, regulation, compliance
India has revealed its intention to finalise its official stance on cryptocurrencies following Group of Twenty (G20) deliberations.
cryptocurrency, regulation, digital assets, blockchain
IBM has partnered with Indian Bank, a public sector bank, to deploy new front-end banking applications, while addressing the business growth of the CBS workloads for the bank.
banking, fintech, artificial intelligence, data
India-based Tamilnad Mercantile Bank (TMB) has partnered with Jocata to offer digital first lending solutions to MSMEs.
MSEs, partnership, digitalisation, SME lending
Mastercard has announced the launch of Mastercard Strive India, aiming to enable small businesses in the country to succeed within the digital economy by 2025.
fintech, digital payments, digitalisation, SMEs, financial inclusion
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