The Reserve Bank of Zimbabwe is negotiating to use India’s UPI technology as the backbone for a real-time national payments system linking banks, mobile wallets and fintechs. Zimbabwe’s central bank is in advanced talks to build a national digital payments…
Group protection providers may gain little from AI spending unless they modernise legacy systems and improve the quality, accessibility and governance of member data, according to Lumera. Lumera has warned that group protection insurers could spend heavily on artificial intelligence…
Banking executives say AI agents could shrink operating models and fragment customer relationships, but warn that automation must be matched by human oversight, tighter governance and stronger defences. Artificial intelligence is no longer a speculative add-on for banks but a…
The approval moves Skydo’s GIFT City operation from in-principle clearance to full authorisation, paving the way for multi-currency accounts, merchant acquiring and wider payment infrastructure for exporters. Skydo has won final authorisation from the International Financial Services Centres Authority to…
Paytm’s September-quarter profit and margin gains suggest its merchant and financial services businesses are already driving the recovery, leaving any future UPI merchant discount rate as potential upside rather than a lifeline. Paytm’s latest results suggest its core business is…
PhonePe says scammers are exploiting the festive rush with tampered merchant QR codes, fake rewards and messages that trick users into authorising payments instead of receiving money. PhonePe has warned users to be on guard against QR-code fraud as Diwali…
The SEC has added tokenisation to its high-risk examination priorities, while Singapore, Malaysia, Thailand and HSBC accelerate efforts to make regulated digital money work across borders and in everyday payments. The U.S. Securities and Exchange Commission has put tokenisation on…
Banking executives say autonomous AI could accelerate payments, verification and customer service, but lenders must strengthen authentication, monitoring and accountability before handing agents greater control. Banks exploring artificial intelligence are likely to gain speed and convenience, but industry leaders say…
The Indian payments company is selling in-house AI tools to enterprise merchants as it seeks to build a new revenue stream beyond transactions and financial services. Paytm has started selling its artificial intelligence platform to enterprise merchants, marking a fresh…
Unified Bharat e-Charge aims to let drivers find, use and pay for chargers across different networks through compatible apps, with more than 10,000 charging points already linked to BHIM UPI. Unified Bharat e-Charge, or UBC, is being pitched as a…
A live Pine Labs and WEBXPAY integration gives Sri Lankan businesses access to UPI, Indian cards and net banking without rebuilding their online checkouts, with settlements targeted for the next business day. A new payments link between Pine Labs and…
The former CRED, YES Bank and Kotak Mahindra Bank executive will lead Smallest AI’s BFSI revenue and partnerships as the voice-tech company targets India’s banks, lenders and insurers. Smallest AI has appointed Siddharth Sharma as president for banking, financial services…
