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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.
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The draft framework lays down the characteristics of FinTech self-regulatory organisations, including its functions and governance standards.
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Paytm said it disbursed USD 667 million (Rs 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments
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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.
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Scamsters are taking advantage of accounts not having verified blue tick and are duping users with fake accounts.
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Regulation must have a bias towards financial innovations for general prosperity
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Engaging stakeholders -- BNPL providers and consumers – by providing an ‘Integrated App’ will help scale up the model
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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.
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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 […]
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Expert says investors should focus on investing 40-50% of monthly income in equity mutual fund schemes
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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 […]
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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 […]
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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 […]
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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 […]
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Hyderabad: Gone are the days when education aimed at imparting just the knowledge to the learner. With the changing dynamics of the modern world, the goal of education has rightly shifted to ‘employment creation’, along with regular teaching-learning process. Education goes in-vain when it fails to provide employment to the learner. Arriving as a boon, […]
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Hyderabad: Small businesses in the unorganised segment are seldom in the good books of banks and lenders. Lack of financial transaction history to assess the creditworthiness of businesses or people is one of the reasons for banks shunning them. However, newage fintech companies are coming to the rescue by using alternate data for assessing the […]
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Hyderabad: Flipkart launched furniture protection, an industry-first cover for accidental and stain damage on select furniture products on the platform such as office chairs, office tables and mattresses, among others. Flipkart has partnered with Cover Genius, an insurtech company to offer complete furniture protection on its platform. The plan period lasts for one year for […]
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The Bengaluru-headquartered KreditBee in February concluded its Series C equity round worth $75 million (about Rs 545 crore) from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures
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Afthonia keen to collaborate with the Hyderabad ecosystem
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Such projects will provide an exceptional opportunity to the interns to apply their IT and data analytics skills while gaining valuable exposure to the functioning of the Indian capital markets.