Pine Labs reports a substantial rise in revenue and profit in Q1 FY27, driven by increased digital transaction volumes, UPI dominance, and innovative payment solutions, as the company expands internationally and into digital commerce infrastructure. Pine Labs reported a sharper-than-expected…
India’s data breach bill has reached a new high, with costs climbing 15.9% in 2026 amid rising AI-enabled cyber threats, highlighting a shift towards cyber resilience as a crucial financial and strategic concern. India’s data breach bill has surged to…
Experts warn that upcoming changes to merchant discount rates on UPI transactions could lead businesses to pass costs onto consumers via higher prices or fees, with minimal transparency, as government considers liberalising MDR regulations. Payment experts say any future merchant…
The Indian government is weighing a policy shift to reintroduce merchant fees on certain large UPI transactions, marking the biggest change since the fee was abolished in 2019. Officials emphasise safeguards for small transactions, but the move prompts concerns over…
The Reserve Bank of India is on the brink of activating its climate data repository, with a focus on physical risk assessment ahead of transition risk, to better gauge climate-related financial vulnerabilities among banks. The Reserve Bank of India is…
India’s parliament has approved a comprehensive tax and payments law aimed at boosting manufacturing, attracting foreign investment, and evolving the country’s digital financial landscape amid new subsidies and potential transaction fees. India’s parliament has passed a wide-ranging tax and payments…
CRED, the Indian fintech founded in 2018, is evolving beyond simple credit card bill payments by introducing features that incentivise and retain users through a seamless, habit-forming platform, turning a low-engagement task into a comprehensive financial ecosystem. CRED was built…
Consumers demand quick, clear, and secure checkout processes, prompting retailers to optimise payment integrations that balance speed, security, and compliance across varied markets and devices. A retailer can spend heavily on bringing shoppers to a website and still lose the…
PayU and Marg ERP have launched Marg Pay, a unified payments tool embedded within the ERP system, aimed at streamlining collections and reconciliation for Indian pharmaceutical distributors and MSME retailers, reducing manual errors and accelerating settlements. PayU and Marg ERP…
The Indian government has clarified that UPI remains free for person-to-person transactions, easing concerns over potential fees amid discussions on funding digital payments expansion. The Finance Ministry has again moved to calm fears that Unified Payments Interface users will soon…
Anthropic has appointed Anand Raisinghani as head of industries for India, signalling a concerted push into the enterprise AI market with new leadership, local infrastructure, and office expansion in Bengaluru. Anthropic has named Anand Raisinghani as head of industries for…
As over 86% of Indian households gain internet access, cyber incidents rise sharply, prompting urgent guidance on rapid response and prevention strategies to mitigate financial losses and improve digital safety. India’s households are more connected than ever, and that convenience…
