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RBI approves CRIF Connect to act as an account aggregator

News | Online & Mobile Banking | 29 Mar 2023

CRIF Connect, a subsidiary of credit bureau company CRIF, has received approval by the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company-Account Aggregator (NBFC-AA), according to Financial Express

data aggregation, central bank, Open Banking, financial data

FloBiz launches its e-invoicing service

News | E-invoicing, SCF & E-procurement | 22 Jul 2022

FloBiz, an India-based neobank for Small & Medium Businesses (SMBs), has launched its e-invoicing service on its flagship GST invoicing and accounting product myBillBook.

neobanks, product launch, e-invoicing, B2B payments, payments

CredAvenue goes live on MonetaGo Secure Financing Network

News | E-invoicing, SCF & E-procurement | 25 May 2021

India-based CredAvenue, a new age debt marketplace and part of Vivriti group, has gone live with MonetaGo’s invoice fraud prevention solution.

partnership, e-invoicing, funding, risk management

Cygnet GSP releases its e-invoicing solution for businesses

News | E-invoicing, SCF & E-procurement | 21 Aug 2020

Cygnet GSP has released its e-invoicing solution for businesses with turnover greater than 500 crores. 

Cygnet GSP, e-invoicing, IRN number, QR code, IRP, E-way Bill, ERP, data, GSTN&NIC

India Factoring goes live on MonetaGo's blockchain-based solution

News | E-invoicing, SCF & E-procurement | 22 Jun 2020

India Factoring and Finance Solutions, a non-bank finance factoring companies in India, has gone live with MonetaGo’s blockchain-based invoice fraud prevention solution. 

India, India Factoring, MonetaGo, blockchain, invoice, fraud, eWay Bills, India’s Goods and Services Tax Network, GSTN

India mandates QR code e-invoicing for businesses with over USD 70 mln in revenue

News | E-invoicing, SCF & E-procurement | 17 Dec 2019

The Central Board of Indirect Taxes and Custom has mandated that Indian businesses with a turnover of over USD 70 mln issue invoices with a QR code.

The Central Board of Indirect Taxes and Custom, Goods and Services Tax, GST Council, India, e-invoicing, electronic invoicing, GST portal, QR code

Indias GSTN issues e-invoicing draft standard

News | E-invoicing, SCF & E-procurement | 05 Sep 2019

India’s Goods and Service Tax Council has released a draft invoice standard after studying globally accepted standards implemented in various countries.

GSTN, India, Service Tax Council, draft invoice, invoice standard, e-invoicing, Goods and Service Tax Council

GSTN India releases e-invoice format, seeks comment from stakeholders

News | E-invoicing, SCF & E-procurement | 15 Aug 2019

The Goods and Services Tax Network in India has released e-invoice format, which will be effective January 2020, and will be mandatory for all dealers.

The Goods and Services Tax Network, India, e-invoicing, e-invoicing network, mandatory e-invoicing, India, Asia, APAC, KPMG

India considers implementing e-invoicing under goods and services tax

News | E-invoicing, SCF & E-procurement | 30 Apr 2019

India’s GST Council has announced that it is looking at the possibility of introducing electronic invoicing under goods and services tax.

India, e-invoicing, Goods and Services Tax, GST Council, electronic invoice, e-billing, mandatory e-invoicing, Asia, APAC

Udyog releases e-way bill app

News | E-invoicing, SCF & E-procurement | 30 Jan 2018

Udyog Software has launched e-way bill application to help companies automate process. 

Udyog, billing app, eInvoicing, supply chain finance, tax automation, GST