Banks have ceded the unified payments interface space to non-banks, Reserve Bank of India deputy governor T Rabi Sankar has said. Sankar also said the […]
Category: Fintech
Diebold Nixdorf invests in a new 27,000 sq. ft. manufacturing facility in Bengaluru; focuses on manufacturing its new DN Series™ in India
B2B Infomedia: Diebold Nixdorf, the world leader in automating, digitizing, and transforming the way people bank and shop, is set to expand its presence in […]
Airtel Payments Bank launches face authentication for savings bank accounts
Airtel payments bank has launched face authentication-based savings account opening for customers, becoming the first payments bank to offer the service. Face authentication based e-KYC […]
Anant Singhania, CEO, JK Enterprises & President, IMC Chamber of Commerce & Industry conferred BFSI & Fintech Winners
B2B Infomedia: Indian BFSI sector is poised to become the third largest in the world by 2025. It means a huge amount of data is churning […]
IIFL Wealth and Asset Management reinforces its commitment to clients with a new name: 360 ONE
IIFL Wealth and Asset Management has rebranded itself as 360 ONE. A name borne out of the purpose the company has been living up to […]
Banks to tap intelligence agencies before loans to ex-defaulters
Banks will now tap intelligence agencies for their inputs at various stages of a loan cycle in the case of borrowers who have defaulted in […]
Credit card numbers continue to slip after RBI’s deactivation order
The Reserve Bank of India (RBI) order on discontinuing inactive credit cards continued to negatively impact the industry size, with top-tier lenders such as HDFC […]
PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crore
PayU Payments, the Indian subsidiary of Dutch technology investment firm Prosus, has reported an over 50% jump in consolidated revenue, to Rs 2,130.2 crore for […]
Infibeam Avenues receives RBI in-principle nod for payment aggregator licence
Infibeam Avenues, the operator of CCAvenue, has received an in-principle approval from the Reserve Bank of India (RBI) to operate as a payment aggregator. “Under this provision, […]
‘Potentially transformational’: Commonwealth Secy Gen welcomes India’s UPI sharing offer
Commonwealth Secretary General Patricia Scotland has welcomed India’s offer to share its path-breaking Unified Payments Interface (UPI) technology with other members of the Commonwealth of […]