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Down payments are plunging in 10 places, giving homebuyers another affordability win
The median value paid up-front for a US house fell to $30,300 in the third quarter, $2,400 lower th…
James Faris
SEBI abolishes 1% security deposit requirements in public issues, to be effective immediately
India's market regulator, SEBI, has removed the mandatory 1% security deposit requirement for compa…
PTI
EPFO to ensure UAN activation for employees through Aadhaar-based OTP
The Ministry of Labour and Employment has instructed the EPFO to ensure all employees activate thei…
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
UPI transactions volume rises 52% to 78.97 billion in Jan-Jun: Report
This growth in volume was matched by an increase in transaction value, which climbed from Rs 12.98 …
PTI
A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments
The Education Department placed a second penalty on student-loan company MOHELA over failure to pro…
Ayelet Sheffey
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
Zoho launches Zoho Payments, a payment gateway and aggregator
Zoho Payments as a payment aggregator has been registered as a Bharat Bill Payment Operating Unit (…
PTI
16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report
16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report
UPI Lite wallet limit and transaction limits for feature phone users increased
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…
Digital payments in India to grow threefold—from 159 billion in FY24 to 481 billion by FY29: PwC
In terms of transaction value, the market is expected to nearly double during this period, expandin…
ANI
EPS Pensioners to get pension from any bank, any branch, anywhere in India from January 1, announces Mansukh Mandaviya
The CPPS is expected to benefit over 7.8 million EPS pensioners of EPFO. By leveraging advanced IT …
ANI
Paytm shares jump 5% on receiving government's nod for investment in Paytm Payments Services
The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesd…
PTI
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
Women are more likely to adopt digital financial services when introduced by local agents or women community influencers
Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…
ANI
Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey
Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …
PTI
A payments startup hoping to take on Stripe and Square just raised $75 million with this pitch deck
Under the hood, Finix underwrites all new merchants, which involves a dozen or two different compli…
Bianca Chan
Over 40% consumers use digital payment every day in Tier 3-6 cities: Report
According to the report, nearly half of the merchants who are not using digital payments in r…
PTI
A Russian company is bartering chickpeas for Pakistani rice as sanctions stop payments
A Russian company will reportedly barter with Pakistan as the Kremlin struggles to make payments ac…
Kelly Cloonan
I'm 30 and bought my first home for $375,000 this year. I have a partner but wanted to buy it on my own.
Ayriel Von Schert didn't want to wait until marriage to start building wealth with real estate. She…