Mumbai-based Hitachi Payments, a shareholder of SBI Payments, will be teaming with SBI on letting smaller companies accept e-RUPI transactions, a press release says. The e-RUPI is a single-use, prepaid voucher that allows for sending to recipients, and then can be used for a specified...
Buoyed by recent high profile investments, bitcoin reached a new all-time high of $50,000 on Sunday (Feb. 14), according to CNBC. Bitcoin, which is the world’s largest cryptocurrency, saw its value surge by over 5 percent and hit its new record of $49,716, according to...
Denis Pitcher, chief FinTech advisor to the Premier of Bermuda, told CoinDesk on Sunday (Feb. 2) that he is planning to introduce a platform that will let the island’s residents pay for government services using digital currency. He said by having the government take the...
India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. 3). For decades, public sector undertaking (PSU) banks have largely been responsible for handling the working capital loans that many firms need...
October 31, 2023
SBI Cards and Reliance Retail are launching a credit card on India’s RuPay payment network. The co-branded card marks Reliance’s entry into the credit card space, according to a Tuesday (Oct. 31) Reuters report on the collaboration. The report noted that the card could entice customers to rewards at Reliance Retail’s 18,650 stores in India, at a moment when credit card […]
February 16, 2021
Buoyed by recent high profile investments, bitcoin reached a new all-time high of $50,000 on Sunday (Feb. 14), according to CNBC. Bitcoin, which is the world’s largest cryptocurrency, saw its...
February 03, 2020
Denis Pitcher, chief FinTech advisor to the Premier of Bermuda, told CoinDesk on Sunday (Feb. 2) that he is planning to introduce a platform that will let the island’s residents...
February 01, 2018
Mobile-first bank Moven has signed a memorandum of understanding (MoU) with financial services provider SBI Group, the Japanese owner of SoftBank. According to a report in The American Banker, SBI will...
