With Yellow Card shifting focus to B2B stablecoin infrastructure, users are turning to versatile platforms like Prestmit and Chipper Cash for their daily crypto transactions, highlighting a shift toward comprehensive digital payment solutions. Yellow Card’s retail app is gone, and…
India is advocating for a new BRICS Trade Receivables Discounting System to ease cash flow for micro, small and medium enterprises, fostering their global competitiveness amid a broader push for resilient, sustainable MSMEs within the BRICS framework. India is pushing…
The recent data breach at Bank of Baroda, linked to an employee email compromise, highlights the escalating cyber threats facing Indian lenders and stresses the need for enhanced digital resilience across the banking industry. The Bank of Baroda data breach…
The Reserve Bank of India announces comprehensive reforms to prevent coercive and abusive practices by banks and recovery agents, set to take effect in 2027, enhancing borrower protections and accountability. The Reserve Bank of India has set out a tighter…
Google Pay is prioritising faster, safer domestic transactions within India, with no immediate plans for cross-border payments, as it emphasises fraud prevention and user security under new strategies announced by Kunal Rana. Google Pay is not pursuing cross-border payments or…
As UPI apps like Google Pay and PhonePe broaden their services beyond simple transfers, users are increasingly selective about their utility, prioritising core features over add-ons like bill payments and investments. For many users, UPI apps have become more than…
India’s insurance market lags in global penetration, but fintech innovations could unlock its growth by enhancing product offerings, digital infrastructure, and trust-building measures, according to industry officials at the India International Fintech Festival. India’s insurance market still has room to…
Indian online sellers are adopting specialised checkout solutions to enhance conversion rates amid unique payment and operational challenges, with platforms like Shiprocket’s Fastrr leading the charge in streamlining the final purchase step. Indian e-commerce sellers are under pressure to turn…
QubeHealth-Pay has teamed up with Petos Insurance to embed its payments system within the pet insurer’s app, enabling Indian pet owners to pay veterinary bills with cashback and boosting the adoption of pet insurance across the country. QubeHealth-Pay has struck…
HDFC Bank’s Neev program exemplifies a shift towards utilitarian, secure, and internally controlled AI, redefining how banks leverage artificial intelligence for operational excellence and workforce evolution. HDFC Bank is betting that enterprise AI will be won not by the biggest…
Chief Economic Adviser V Anantha Nageswaran urges India to accelerate safeguards around AI in finance as the sector integrates the technology more extensively, highlighting risks of market volatility and job displacement. India must move quickly to strengthen safeguards around artificial…
PayU and Marg ERP have collaborated to introduce Marg Pay, an integrated platform that streamlines invoice reconciliation and payments for India’s pharmaceutical distributors and MSMEs, aiming to minimise errors and improve cash flow management. PayU and Marg ERP have joined…
