Antfin’s recent sale of its remaining stake in Paytm masks a complex ownership arrangement that persists behind the scenes, even as the company’s business outlook improves and its shares reach new highs. Ant Financial’s direct exit from Paytm in August…
India’s digital public infrastructure, centred on the JAM trinity and India Stack, is increasingly being adopted by developing economies worldwide, transforming public services and laying the groundwork for AI-driven development beyond the 2030s. India’s digital public infrastructure has moved from…
Cygnet.One has introduced an artificial intelligence-powered system designed to automate the classification of purchase invoices for GST compliance in India. The tool aims to reduce manual effort, improve accuracy, and provide transparent audit trails, integrating with over 250 ERP systems…
India is pushing for central bank digital currencies and enhanced digital payments within BRICS, aiming to streamline trade and foster currency independence ahead of next month’s summit marking two decades of the grouping. India is preparing to push central bank…
NPCI International Payments Limited has introduced UPI acceptance at Mustafa Centre in Singapore, backed by a strategic out-of-home advertising campaign in Little India, aiming to facilitate Indian travellers and expand cross-border payments. NPCI International Payments Limited has rolled out acceptance…
Emerging AI-native platforms are transforming compliance processes by enabling rapid jurisdictional research, policy analysis, and audit readiness, as regulators seek more adaptive and transparent oversight in a fast-evolving landscape. Artificial intelligence is pushing compliance teams into a new era, according…
Razorpay introduces a streamlined solution enabling Indian businesses to collect international payments using hosted links, enhancing speed, compliance, and professionalism amidst a shift towards digital collections. Indian businesses that sell services to clients overseas no longer need to rely on…
India’s digital merchant payments experienced a sharp 19.6% year-on-year increase in July, driven by record-breaking UPI transactions and rising credit card usage, signalling a deepening shift away from cash towards digital commerce. India’s digital merchant payments continued to expand sharply…
Banks in India are working with FIU-IND to refine suspicious transaction reports, aiming to improve early detection of money mule accounts and syndicate frauds through more detailed risk analysis and pattern recognition. Banks in India are working with the Financial…
WhatsApp is developing a dedicated Payments section in its iOS beta, signalling plans for a broader international push that could enable users to move money seamlessly within the app, with potential expansion to multiple markets on the horizon. WhatsApp is…
Industry leaders in Kathmandu advocate for a comprehensive digital payments framework linking payments, identity verification, and document exchange to facilitate scalable cross-border commerce between India and Nepal. Industry leaders meeting in Kathmandu have called for a broader India-Nepal digital payments…
OutSystems unveils its Agentic Loan Applications, a unified platform combining customer-facing software and governed AI to streamline the consumer lending journey while maintaining compliance and auditability. OutSystems has launched a new banking product aimed at one of finance’s most stubborn…
