"fintech"

Jio Payments Bank has launched 'Savings Pro', allowing account holders to earn up to 6.5 per cent interest on idle funds. Surplus balances above Rs 5,000 will be invested in overnight mutual funds, offering flexible redemption, transparency, and a fully digital process via the JioFinance app

Payment firms brace for 15 per cent revenue dip as online gaming law tightens; UPI may lose 25 crore transactions monthly

The NPCI will enforce new UPI rules from August 1, limiting balance checks, restricting auto-pay timings, and capping reversal requests. The changes aim to ease network congestion, enhance transaction security, and improve the user experience across payment apps

Paytm said it has received notice from ED for alleged FEMA violations by the company and its two subsidiaries — Little Internet and Nearbuy

Funds raised by sector sees a decline of 33 per cent on a year-over-year basis to $1.9 billion in 2024

Speaking at the third and fourth joint convocation of IIT Bhilai in Chhattisgarh on Saturday, the President praised the contributions of IIT graduates through their innovative thinking and far-reaching vision, which she said had significantly propelled both India and the world forward

Called BharatPe One, the product is designed to streamline transactions for merchants, offering versatile payment acceptance options including dynamic and static QR code, tap-and-pay and traditional card payment options.

The draft framework lays down the characteristics of FinTech self-regulatory organisations, including its functions and governance standards.

Paytm said it disbursed USD 667 million (Rs 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments

This marks the entry of Lytus Technologies into the Indian fintech market through the introduction of its payments gateway offerings to businesses in the Indian cable and broadband sector.

Scamsters are taking advantage of accounts not having verified blue tick and are duping users with fake accounts.

Regulation must have a bias towards financial innovations for general prosperity

Engaging stakeholders -- BNPL providers and consumers – by providing an ‘Integrated App’ will help scale up the model

Speaking at the 'Global Fintech Fest 2022' (GFF 2022), he noted that a major shift towards a more equitable distribution of investment across sectors including insurtech and wealthech, etc, has started taking place.

Hyderabad: The Enforcement Directorate (ED) has frozen movable assets of crypto-currency exchange company WazirX to the extent of Rs. 64.67 crore under Prevention of Money Laundering Act (PMLA)-2002. It conducted searches on one of the directors of Zanmai Lab Private Limited (ZLPL), which owns WazirX, and has issued an order to freeze their bank balances […]

Expert says investors should focus on investing 40-50% of monthly income in equity mutual fund schemes

Hyderabad: T-Hub, which leads India’s pioneering innovation ecosystem, on Wednesday announced the selection of 13 startups for its first product development program RubriX. The program aims to bring a global perspective to product development for early-stage technology startups from T-Hub’s robust innovation ecosystem, a press release said. T-Hub received 135 applications from across the country […]

New Delhi: More than eight in ten Indians with a bank account in Metro cities now use mobile banking apps that saw a surge amid the Covid-19 pandemic, according to a new report. Mobile banking apps are the most popular banking channel in Asia, with 83 per cent of Metro Indian and 78 per cent […]

Hyderabad-headquartered Qwipo is a technology-enabled B2B platform in groceries and FMCG retail space addressing the bulk procurement and logistics needs of the business retailers. With an objective to transform wholesale retail in India, the company was founded in 2018 with technology-led digital intervention in the supply chain. Siva Morisetti, founder & CEO, Qwipo tells Y […]

New Delhi: Total global fintech funding (across mergers & acquisitions, private equity and venture capital) reached $210 billion with a record 5,684 deals in 2021 — up from $125 billion across 3,674 deals in 2020, a new report showed on Tuesday. India once again shined on the global map, with four out of top 10 […]