PhonePe’s latest initiatives see its transaction data flowing into government planning tools and a new paid enterprise product, reshaping its role in India’s economic landscape and sparking privacy debates. PhonePe’s newest use for its payments data is no longer confined…
Credlix, the trade-financing arm of Moglix, plans to amplify its export finance to over US$10bn within five years by strengthening cross-border trade with Mexico, supporting India’s small and medium-sized exporters amidst growing global demand. Credlix, the trade-financing arm of Moglix,…
Meta has introduced bill payments on WhatsApp in India, transforming the app into a comprehensive platform for routine household transactions, challenging established digital payment giants in the country’s sizeable market. Meta has begun rolling out bill payments on WhatsApp in…
Over five years since its launch, Cashfree’s Easy Split remains central to automating post-payment processes in India’s growing digital economy, now with enhanced integration and broader platform applications. More than five years after Cashfree unveiled Easy Split on 15 June…
The Reserve Bank of India calls on commercial lenders to enhance electronic platforms and streamline retail foreign exchange services, highlighting the need for tighter oversight as cross-border transactions surge and technological innovations reshape customer expectations. India’s central bank is pressing…
India’s state-run REC is set to launch its first tokenised corporate debt sale, leveraging blockchain technology and the Reserve Bank of India’s digital currency to modernise domestic bond issuance and settlement. India’s state-run REC is set to test a new…
As stablecoins shift from speculative instruments to essential payment infrastructure, industry leaders emphasise that overcoming last-mile delivery challenges and regulatory clarity are critical for realising their full potential in global commerce. Stablecoins are being recast from a crypto trading instrument…
Indian payment aggregators request more time to complete mandatory re-KYC for merchants before the September 15 deadline, citing operational challenges and concerns over small, informal traders’ inclusion in the digital payment ecosystem. Payment aggregators in India have asked the Reserve…
PhonePe launches PulsePro, a new analytics platform leveraging transaction data to provide granular, real-time market insights for corporate clients across India, enhancing location-based decision-making. PhonePe is turning the vast flow of digital payments on its network into a new business…
India’s home-loan industry is experiencing a transformation driven by increasing digital adoption and a surge in demand from tier-2 and tier-3 cities, potentially reshaping the future of retail credit. India’s home-loan market is being reshaped by two forces that once…
Finzly introduces Assure, an AI-powered security and assurance layer embedded within its BankOS platform, aiming to enhance mid-sized banks’ resilience against sophisticated cyberattacks with continuous monitoring, automated threat detection, and compliance support. Finzly has launched Assure, an AI-powered security and…
Paytm partners with CaratLane to enable customers to use digital gold for jewellery purchases, extending the utility of digital savings into physical assets and reshaping gold investment trends in India. Paytm has tied up with CaratLane to let customers use…
