Reserve Bank Of India

Finfi Adds ‘Save Now, Buy Later’ to Financial Wellness Platform
Finfi Adds ‘Save Now, Buy Later’ to Financial Wellness Platform
January 04, 2023  |  Alternative Credit

Finfi has added a “save now, buy later” product to its financial wellness platform. With this new purchase-linked savings plan, users can save money in...

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India’s Bankers Unimpressed With Digital Rupee
India’s Bankers Unimpressed With Digital Rupee
December 01, 2022  |  CBDC

India’s digital rupee has so far demonstrated little benefit, the nation’s bankers say. In a report from Reuters published Thursday (Dec. 1), seven bankers said...

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Paytm Must Reapply for Digital Banking Payments License in India
Paytm Must Reapply for Digital Banking Payments License in India
November 27, 2022  |  Regulation

In an effort to make sure digital payment transactions are regulated in India, the country’s reserve bank has issued a request for digital payments banking...

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Reserve Bank of India Launches First Pilot of Digital Rupee
Reserve Bank of India Launches First Pilot of Digital Rupee
October 31, 2022  |  CBDC

The Reserve Bank of India (RBI) has announced that the first of its pilot launches of a digital rupee will begin Tuesday (Nov. 1) with...

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Cashfree Payments Unveils New Tool for Digital Lending
Cashfree Payments Unveils New Tool for Digital Lending
October 27, 2022  |  Digital Payments

India’s Cashfree Payments has debuted a new tool it says is designed to help non-banking financial companies meet the country’s new digital lending rules. According...

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Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
October 18, 2022  |  Cross-border Payments

When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were...

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Worldline Enables Indian Payment Methods RuPay and UPI in Europe 
Worldline Enables Indian Payment Methods RuPay and UPI in Europe 
October 11, 2022  |  Payment Methods

French payment company Worldline has joined forces with the international arm of the National Payments Corporation of India (NPCI) to expand the acceptance of Indian...

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Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
October 10, 2022  |  Cryptocurrency

Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of...

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India Calls on Google to Help Police Illegal Lending Apps
India Calls on Google to Help Police Illegal Lending Apps
September 19, 2022  |  Mobile Applications

In an effort to curtail the use of illicit lending apps in the country, regulators in India are calling on Google to help police the...

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