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RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis
Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…
ANI
RBI asks NBFCs to broad-base fundraising, reduce dependence on banks
The Reserve Bank on Wednesday asked non-bank finance companies to broad-base their fundraising to l…
PTI
Airtel Payments Bank rolls out e-KYC-based face authentication for opening saving accounts
The payments bank said the new facility would help business correspondents (BCs) of the bank to ope…
ANI
UPI transactions worth ₹18.2 lakh crore made in February 2024
Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…
ANI
Mastercard's AI system is helping banks keep fraudsters in check — and it could save millions of dollars
Mastercard has taken an AI-driven approach to detecting payment fraud and collaborating with banks …
Chris Stokel-Walker
Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain
Technology has transformed every aspect of our lives, and payments are no different. From debit and…
RBI directs card issuers to offer choice among card networks, bans restrictive agreements
According to a press release, the central bank prohibited card issuers from entering into agreement…
ANI
Explained: How to lock and unlock your Aadhaar biometrics to prevent frauds
The Aadhaar Enabled Payment Systems (AEPS), allows users to use their identity to access an Aadhaar…
USSD-based call forwarding to be suspended soon to curb fraud
Online fraud has been on the rise in the country, with several instances of fraud resulting from ca…
How Paytm became the leader in merchant payments with pioneering solutions like Paytm QR and Soundbox
India’s leading mobile payments and financial services company Paytm has been instrumental in empow…
Seriously thinking about joining the Indian UPI payments system says Japanese official
After Singapore's integration in the UPI network, Japan is also considering a similar move. In an i…
ANI
The US and the UK are reportedly looking into $20 billion of crypto payments that may have helped Moscow evade sanctions
Authorities are looking into $20 billion worth of transactions on a Russian crypto exchange, Bloomb…
Yuheng Zhan
India on track to become third-largest economy by 2030: Morgan Stanley
The four global trends -- demographics, digitalization, decarbonization and deglobalization are fav…
ANI
A $0 monthly student-loan payment could hurt some borrowers in the long term. An upcoming policy could change that.
The Philadelphia Fed found that having a $0 monthly student-loan payment helps borrowers who need i…
Ayelet Sheffey
Low-income Americans wait years to get housing vouchers that are often impossible to use. Fixing the system could mean more funding and less red tape.
Just 60% of voucher recipients nationwide actually use their vouchers to secure housing, which show…
Eliza Relman
Mastercard’s newly launched face recognition payment system is already raising accuracy concerns
Mastercard recently launched a new facial recognition payment system that lets shoppers make paymen…
e-RUPI explained — India’s new electronic voucher-based payment system to reduce leakage in welfare programmes
The Prime Minister of India, Narendra Modi will be launching 'e-RUPI', an electronic voucher-based …
RazorPay acquires digital invoicing and customer engagement platform BillMe to empower businesses and customers
Razorpay, a payments and banking platform for businesses, has acquired BillMe, a Mumbai-based start…
World Bank praises India's digital infrastructure for its transformative potential
"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…