The Reserve Bank of India (RBI) has locked in HDFC Bank, ICICI Bank and State Bank of India among almost a dozen lenders across the...
In today’s FinTech news, Stashfin raised funds to reach more consumers in India with its virtual credit facility. Meanwhile, India’s central bank is halting non-bank...
FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank...
Mastercard can add new customers in India after that country’s central bank determined the company was in compliance with data-storage regulations. As Bloomberg reported Thursday...
The Reserve Bank of India (RBI) has said it will back efforts to internationalize India’s unified payments interface (UPI) digital payments system. “Enhanced interest evinced...
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...
Fed Exec Sees Payments ‘Revolution’ While the Federal Reserve and Treasury Department have been trying to reassure banks that a digital dollar would not disintermediate...
Payments and API banking solutions startup Cashfree Payments is partnering with National Payments Corporation of India (NPCI) to offer tokenization on RuPay cards for its merchants. Token Vault from Cashfree Payments...
On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to...