You Searched For "payments" and got 20 results
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2 mins read
India’s credit card market set to double by 2029, reaching 200 million cards
India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…
4 mins read
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
2 mins read
8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months
The Education Department extended the student-loan payment pause by at least 6 more months for borr…
Ayelet Sheffey
2 mins read
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
2 mins read
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.
Jennifer Sor
2 mins read
External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …
ANI
2 mins read
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
1 min read
Paytm shares climb over 3% on receiving govt's nod for investment in Paytm Payments Services
The stock went up by 3.05 per cent to settle at Rs 554.45 on the BSE. During the day, it climbed 5 …
PTI
2 mins read
Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe
Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…
2 mins read
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
4 mins read
Real-estate investors agree: Short-term rentals bring in more money but cause headaches. Here's the 'sweet spot' some are shifting to.
Short- and long-term rentals aren't the only options for landlords. There's an in-between — mid-ter…
Kathleen Elkins
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
3 mins read
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
2 mins read
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
2 mins read
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
2 mins read
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
2 mins read
Skiplagged, the money-saving website that airlines hate, says it's not going anywhere after losing a $9.4 million lawsuit from American
Skiplagged's CEO told BI the travel website will still sell money-saving "hidden-city" fares, no ma…
Taylor Rains
4 mins read
A scammer conned us out of our $32,430 down payment by email. We didn't realize it until 10 days later.
Daniel Pietschnig and Jessica Madalena unknowingly wired their down payment for a house to a frauds…
Alcynna Lloyd
2 mins read
Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
4 mins read
I'm a boomer who was evicted from my apartment of 25 years. I was angry and embarrassed, but I have no choice but to keep renting.
Trina Kaye had lived in her Los Angeles apartment for over two decades when she came home one day t…