RBI

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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Today in Restaurant and Grocery Tech: TikTok to Open Ghost Kitchens; RBI Expands Digital Efforts
Today in Restaurant and Grocery Tech: TikTok to Open Ghost Kitchens; RBI Expands Digital Efforts
December 20, 2021  |  ResTech

Today in restaurant and grocery tech news, TikTok teams up with Virtual Dining Concepts to open 1,000 virtual kitchens in the next year, and Burger...

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Restaurant Brands International Inc. Teams with Ant Group to Expedite Digital Shift Across Asia Pacific 
Restaurant Brands International Inc. Teams with Ant Group to Expedite Digital Shift Across Asia Pacific 
December 20, 2021  |  Partnerships

Quick service restaurant company Restaurant Brands International Inc. (RBI), has joined forces with Ant Group to undertake a digital transformation in 1,500 restaurants across eight...

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