The Reserve Bank of India plans to test durable polymer banknotes for ₹10 and ₹20 notes, aiming to reduce costs and improve security, amid the ongoing expansion of digital payment systems. India’s central bank is preparing to test polymer banknotes…
India’s blue-collar gig workforce is transforming from an informal sector into a structured system, with platforms integrating trust, onboarding, and retention measures to cater to a burgeoning, mainly first-time worker base, signalling a significant evolution in the country’s labour landscape.…
Qatar Post launches a new remittance service to India based on the UPI payments system, offering migrant workers an easier, cheaper way to send money home and signalling a shift towards wider international use of India’s digital payment infrastructure. Qatar…
Egypt’s Financial Regulatory Authority has granted licences to two companies to provide non-banking financial services through fintech, signalling a significant step towards broadening digital access and competition in the country’s financial sector. Egypt’s Financial Regulatory Authority has approved two companies…
Resilient Asset Management BV, controlled by Paytm founder Vijay Shekhar Sharma, has proposed selling up to 4.98% of its stake in Paytm’s parent company, in a move that further unwinds previous structures tied to Chinese investment and reflects ongoing strategic…
BRICS countries are considering integrating their instant payment platforms and central bank digital currencies ahead of the 2026 summit, aiming to streamline cross-border transactions and reduce reliance on traditional payment rails. BRICS countries are exploring ways to link their instant…
Indian exporters and service firms must navigate complex foreign exchange rules, accurate purpose coding, and meticulous documentation to ensure their payments from Saudi clients land correctly and swiftly, avoiding delays and compliance issues. For Indian exporters and service firms, getting…
Divar, an Iranian classifieds platform, has reduced car listing fraud reports by 50% through a multi-layered AI-powered system that includes instant account blocking, buyer warnings, and license-plate verification, aiming to combat sophisticated scam tactics. Iranian classifieds platform Divar says it…
India’s ongoing debate over crypto taxation persists as industry and observers push for reforms to reduce transaction friction and retain domestic activity amid unchanged tax policies. India’s debate over crypto taxation has flared again after the Bharatiya Janata Party announced…
India’s UPI network saw continued expansion in July, with transaction volumes and value reaching new heights. Navi’s market share increased as the payments landscape remains competitive amid policy shifts, signalling deeper integration of instant payments in everyday commerce. India’s UPI…
India’s new MSME amendment law could revolutionise the handling of delayed payments, potentially unlocking billions in trapped working capital and reshaping dispute resolution for small firms, according to a Crisil report. India’s new MSME amendment law could mark a turning…
India’s securities regulator launches two new digital portals to streamline incident reporting and information sharing, reflecting a broader push to bolster market resilience against emerging cyber threats including AI and quantum computing. India’s securities regulator has stepped up its cyber-defence…
