RBI

Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
June 23, 2022  |  Technology

Today in technology regulation news, the U.K.’s Financial Conduct Authority (FCA) announced a new plan to use data analytics and AI to identify and prevent...

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Today in TechREG: UK Regulator to Review Credit Card Fees; TikTok Steps up Consumer Protections to Settle EU Dispute
Today in TechREG: UK Regulator to Review Credit Card Fees; TikTok Steps up Consumer Protections...
June 21, 2022  |  Regulation

Today in TechREG, the U.K. Payment Regulator on Tuesday (June 21) published more details of the upcoming market reviews on Visa and Mastercard’s processing fees...

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RuPay Card Granted First UPI Connection by India’s Central Bank
RuPay Card Granted First UPI Connection by India’s Central Bank
June 08, 2022  |  International

The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface...

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Paytm CEO: Investors Don’t Have Access to User Data
Paytm CEO: Investors Don’t Have Access to User Data
March 15, 2022  |  Bank Regulation

Paytm CEO Vijay Shekhar Sharma said investors in his firm do not have access to customer data, in a bid to ease concerns over reports...

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Paytm Bank Under Audit Over Alleged Data Sharing With China
Paytm Bank Under Audit Over Alleged Data Sharing With China
March 14, 2022  |  Bank Regulation

Paytm Payment Bank is being audited by the Reserve Bank of India (RBI) over allegations that it engaged in data sharing with organizations based in...

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RBI Blocks Paytm Bank From Accepting New Customers
RBI Blocks Paytm Bank From Accepting New Customers
March 11, 2022  |  Digital Banking

India’s central bank has blocked Paytm Payments Bank from welcoming new customers pending an audit of its IT systems, according to a press release Friday...

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RBI Urges Caution Over Indian Carpool App sRide
RBI Urges Caution Over Indian Carpool App sRide
February 22, 2022  |  Ridesharing

India’s central bank says the country’s largest carpooling and bike pooling app is operating an unauthorized prepaid wallet. The Reserve Bank of India (RBI) issued...

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Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
December 29, 2021  |  CBDC

If you look deeper at the news of India’s central bank accepting a “basic” digital rupee as “a safe, robust, and convenient alternative to physical...

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Around the World, Restaurants Leverage On-Premises Payment Digitization to Improve CX
Around the World, Restaurants Leverage On-Premises Payment Digitization to Improve CX
December 27, 2021  |  ResTech

Across continents, major restaurant brands and small independents alike are increasingly leveraging digital technologies to improve the in-restaurant payment experience, driving customer retention by improving...

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