India’s enterprise AI market is shifting towards specialised vertical foundation models, promising cost efficiency and enhanced domain precision amid rising adoption of industry-tailored systems like Razorpay’s Vulcan and BharatGen’s language models. India’s enterprise AI market is beginning to split in…
Cashfree’s Relay employs AI agents to handle routine payment follow-ups for SMBs, aiming to enhance customer engagement and cut operational workload, with automation already in beta and built on secure in-house infrastructure. Cashfree is pitching Relay as an AI system…
Card91 introduces a five-point framework to help banks manage credit lines on India’s UPI network, ensuring compliance with RBI rules and fostering customer trust as UPI expands into a broader credit channel. CARD91 has introduced a five-point framework it says…
India’s telecom regulator TRAI is evaluating the possibility of reinstating the ability for users to ring back 1600-series numbers used by banks and financial firms, aiming to improve verification and reduce fraud amid ongoing regulatory debates and technical challenges. India’s…
India is set to issue its first tokenised corporate bond in September, marking a significant step towards integrating blockchain technology into its financial infrastructure and positioning itself alongside Hong Kong and Europe in digital debt innovation. India is preparing to…
India’s Reserve Bank of India is progressing with its digital rupee project, introducing offline capabilities and expanding the retail pilot to enhance payment modernisation and financial inclusion amid practical challenges. India’s digital rupee is the Reserve Bank of India’s central…
CleverChain has been accepted into NVIDIA’s global start-up programme, gaining access to advanced developer tools and support to enhance its AI-powered compliance software for financial institutions. CleverChain has been accepted into NVIDIA Inception, the chipmaker’s global start-up programme for companies…
India’s Unified Payments Interface (UPI) may introduce targeted merchant discount rates on high-value transactions to sustain its rapidly growing ecosystem, with estimates of unlocking up to Rs 30,000 crore in revenue amidst ongoing debates and policy shifts. India’s Unified Payments…
Indian fintech Xflow is transforming international commerce by leveraging new licences, regulatory approvals, and stablecoin technology to tackle opaque foreign exchange pricing and streamline global business transactions amid rising internationalisation of India’s economy. As Indian companies sell more software, services…
Pine Labs ramps up its AI initiatives with a ₹24 crore investment, driving automation, launching AI-driven payment protocols, and achieving its first full-year profit, signalling a major shift in Indian fintech innovation. Pine Labs has stepped up its artificial intelligence…
The shift from periodic to continuous risk assessment in financial compliance, driven by AI and improved data, promises faster response to fraud and ownership changes, transforming industry standards. Financial institutions are moving beyond the old idea that customer risk can…
JioFinance introduces a rapid, fully digital platform enabling users to compare, check eligibility, and receive instant virtual credit cards, transforming the traditional application process into a fast, paperless experience with added ecosystem benefits. JioFinance is positioning its app as a…
