A reference to Wallet support in HSBC India’s App Store listing has fuelled speculation that the bank could join Axis Bank as an Apple Pay card issuer, although neither company has confirmed the service is live. An update to HSBC…
The Clothing Manufacturers Association of India has welcomed the postponement of a proposed 0.4% charge on selected UPI merchant payments above ₹2,000, warning that the levy could squeeze smaller retailers and complicate festive-season operations. The Clothing Manufacturers Association of India…
Agentic AI is lowering the cost and time required to develop payment software, but compliance, fraud controls and accountability still demand human expertise when transactions fail. Artificial intelligence is making it far easier for software companies to create payment features,…
The Infosys co-founder says expanding consent-based financial data sharing could help lenders serve micro-entrepreneurs, gig workers and small businesses without conventional collateral. Nandan Nilekani has renewed his pitch for India’s Account Aggregator framework as a way to bring more informal…
Stitch’s new tool lets staff query payment records in plain language, receive role-specific insights and act on issues without waiting for a data team. Stitch has launched Pulse Analytics, an AI tool designed to make payments data usable across large…
The Mumbai-based fintech plans to raise ₹698 crore through a fresh issue and ₹302 crore via an offer for sale, as it seeks funds to scale its payments, gifting and rewards businesses. Mumbai-based fintech company Paramotor Digital Technology has filed…
The failure of fintech middleman Synapse left customers unable to access savings and exposed gaps in the records banks rely on to track consumer money. A Maryland teacher’s complaint to a federal bankruptcy court in California captured the human cost…
A lightweight offline tool uses Gemma 4 to interpret Hindi, Marathi, Hinglish and English orders while keeping pricing, customer data and payment details on the shopkeeper’s machine. Parchi is a lightweight billing tool aimed at the everyday chaos of neighbourhood…
Kerala’s hotel and restaurant operators say they will reject UPI payments above ₹2,000, even as NPCI postpones the proposed merchant charge beyond Diwali. The Kerala Hotel and Restaurant Association has said its members will stop accepting UPI payments above ₹2,000…
The New York startup, founded by former Davis Polk lawyer Preeti Krishnan, is building AI agents that translate regulation into tasks, evidence and reviews for growing financial businesses. Leela has emerged from stealth with a $4.6 million seed round as…
India’s identity authority has recognised Protean’s use of facial biometrics and Aadhaar status notifications to streamline verification and help institutions manage compliance and fraud risks. Protean eGov Technologies has been recognised by India’s Unique Identification Authority for work it says…
Bharti Airtel is expanding beyond telecoms, targeting consumer lending, sovereign cloud and data centres while deepening its financial services ambitions across India and Africa. Bharti Airtel is widening its ambitions well beyond voice and data, with Sunil Bharti Mittal now…
