jUMPP has received approval from the National Payments Corporation of India (NPCI) to operate as a Third Party Application Provider (TPAP), allowing the company to […]
Author: The Banker Media
Hero FinCorp joins hands with Salesforce to accelerate AI-powered loan processing
Hero FinCorp has announced a collaboration with Salesforce to transform loan processing through AI-powered automation. By deploying Agentforce, Data 360, MuleSoft, Agentforce Sales and Agentforce […]
Emirates NBD completes landmark majority stake acquisition in RBL Bank
Emirates NBD has completed its acquisition of a majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion (around Rs […]
Aadhaar App surpasses 31 million downloads in under five months
The Aadhaar app has recorded more than 31 million downloads in less than five months since its launch, highlighting the increasing reliance on digital identity […]
POP introduces biometric authentication to simplify and secure UPI payments
POP has launched biometric authentication for UPI transactions, replacing the traditional 6-digit UPI PIN with fingerprint or Face ID verification for payments up to Rs […]
Manba Finance joins hands with Nammaloan to expand Vehicle Financing Presence
Manba Finance has announced a strategic partnership with Sreesastha (Nammaloan) to strengthen its presence in South India, marking a significant step in the company’s national […]
IIFL Capital Services appoints Amit Gupta as Chief Compliance Officer
IIFL Capital Services Limited (formerly IIFL Securities Limited) has designated Amit Gupta as its Chief Compliance Officer (CCO). He has also been identified as a […]
Pine Labs unveils its agentic payment protocol built on UPI P3P
Pine Labs has announced the launch of the Pine Labs Payment Protocol (P3P). For the first time in India, an AI agent can now complete […]
RBI reinforces compliance standards in NBFC sector
The Reserve Bank of India (RBI) has enforced stricter compliance standards across the non-banking financial company (NBFC) sector by cancelling the certificates of registration of […]
AU SFB raises FCNR deposit rates for NRIs
AU Small Finance Bank has revised its Foreign Currency Non-Resident (FCNR-B) deposit rates, offering returns of up to 7.10 per cent on select tenures as […]