RuPay Global Card consumers cross 64 million mark

Vijayakumar Pitchiah

National Payments Corporation of India (NPCI) said it has racked up 64 million RuPay Global Card consumers ever since it started ....

7 March, 2019

NPCI appoints former Kotak and HDFC Bank execs to C-suite positions

Payal Ganguly

The National Payments Corporation India (NPCI) has appointed Praveena Rai, former head of cash management at Kotak Mahindra Bank, ....

22 February, 2019
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BharatPe in talks to raise fresh capital from Sequoia: Report

Kavya Kothiyal

Payments firm BharatPe, which services offline retailers and businesses, is in talks to close $17 million (Rs 122 crore at current ....

21 February, 2019

UPI transactions in January set new record, BHIM transactions fall to 9-month low

Binu Paul

Even as the volume and value of Unified Payments Interface (UPI) transactions continued to scale new heights, transaction volumes ....

6 February, 2019

SBI leak exposes account data of millions of customers: Report

Anand J

Public sector lender the State Bank of India has secured a leak that exposed account data of millions of customers, a news report ....

31 January, 2019

RBI brings out policy paper to encourage new payment system operators

Payal Ganguly

In a bid to encourage competition among payment platforms and reduce the risk of concentration among a few players, the Reserve ....

22 January, 2019
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Reliance Jio deepens fintech play with PoS devices for merchants: Report

Binu Paul

Mukesh Ambani-owned Reliance Jio has reportedly expanded its presence in the fintech space by launching point-of-sale services ....

11 January, 2019

PayPal India posts 12 times increase in revenue for FY18, loss up a bit

Dearton Thomas Hector

PayPal Payments Pvt. Ltd, the Indian arm of US-based digital payments company PayPal Holdings Inc., posted a little over 12 times ....

3 January, 2019

Indian banks record spike in cyber fraud cases

Anand J

As digital transactions continue to gain traction in India, the country’s central bank has said that there has been a 50% ....

3 January, 2019

Xiaomi launches payments service Mi Pay

Payal Ganguly

Device maker Xiaomi has entered the crowded digital payments space in the country by partnering with ICICI Bank and PayU India. ....

21 December, 2018
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Suspension of e-sign mandates to delay loan processing time for fintech startups

Payal Ganguly

Digital lenders faced another roadblock as the National Payments Corporation of India has issued a circular, stating that e-sign ....

26 November, 2018

Two years after demonetisation: How digital transactions fared since note ban

Payal Ganguly

Two years after the government rendered high-value currency notes illegal, demonetisation has boosted digital transactions and ....

9 November, 2018

Govt push, new tools to drive growth for digital payments in India: BCG report

Payal Ganguly

Rapidly developing economies such as India and China will drive innovation in payments services, according to a report released ....

23 October, 2018

WhatsApp appoints grievance officer for India to tackle fake news menace

Payal Ganguly

After being pulled by the apex court for not following the law of the land, Facebook-owned instant messaging service WhatsApp ....

24 September, 2018

Paytm says rival Google Pay may be using customer data for monetary gains

Payal Ganguly

Google Pay, the flagship digital payments platform of the US-headquartered software giant, is facing questions over whether it ....

21 September, 2018

Data localisation norms deter Apple from launching payments service in India

Shweta Sharma

Tech giant Apple has decided to put off its plans of launching a digital payments service based on Unified Payments Interface ....

6 September, 2018

Google may rebrand Tez as Pay, to consolidate payments biz in India

Shweta Sharma

Tech giant Google is on the verge of renaming its payments platform in India Tez as ‘Pay’ and will bring it under ....

23 August, 2018

Govt tells WhatsApp to follow the law, set up Indian entity

Anirban Ghoshal

On a day when WhatsApp chief executive Chris Daniels began his India tour, the government sent the Facebook-owned instant ....

21 August, 2018

What SEBI is doing to protect stock exchanges from cyberattacks

Shweta Sharma

Securities and Exchange Board of India (SEBI), the country’s capital markets regulator, has devised a plan to expand the ....

20 August, 2018

Digital payments watchdog urges banks for steps to prevent fraud

Shweta Sharma

National Payments Corporation of India (NPCI) has issued an advisory note asking banks to take a series of measures to protect ....

20 August, 2018

What's new as NPCI gives UPI an upgrade after two years

Payal Ganguly

The country’s umbrella body for digital payments on Thursday unveiled an upgraded version of its single-window mobile payment ....

16 August, 2018