Small and medium mobile phone retailers in India appeal to the finance ministry for exemptions from proposed UPI merchant discount rate, citing squeezed margins amid rising costs and softer demand. Mobile phone retailers in India are pressing the finance ministry…
Zorion introduces virtual USD card issuance to its platform, enabling users to spend online directly from their wallets without a separate card account, marking a shift towards more integrated digital financial services for online earners. Zorion, a digital wallet company,…
Moneyview reports a remarkable 158.8% Year-on-Year profit increase ahead of its upcoming IPO, driven by strong revenue growth and expanding loan disbursals amid a buoyant retail finance sector. Moneyview has reported a sharp jump in quarterly earnings as it heads…
Despite generating over $500 billion annually, fintech firms struggle to persuade established businesses to replace trusted systems. Experts argue that trust, not technology, remains the main hurdle in increasing B2B fintech adoption, with real-world experience and operational risk being decisive…
IntellectAI introduces eMACH.ai Wealth, a flexible, microservices-based platform designed to enhance adviser workflows and client journeys without overhauling legacy systems, signalling a shift towards incremental AI adoption in financial services. Banks and wealth managers are under pressure to use artificial…
India’s recent move to impose a 0.4% merchant discount rate on high-value UPI transactions risks reconfiguring the competitive landscape between traditional credit cards and RuPay cards, potentially favouring the latter in everyday spending and challenging existing acceptance advantages. India’s move…
Super.money, owned by Flipkart, is deploying AI-powered shopping agents to deepen user engagement and carve out a competitive edge in India’s saturated digital payments landscape, signalling a shift towards consumer-facing automation in fintech. Super.money, the digital payments business owned by…
As India’s lending landscape for micro, small and medium enterprises tightens, industry experts believe that strengthened regulations and digital innovations could pave the way for more inclusive and efficient credit access for small firms. The regulatory outlook for lending to…
Failed checkout payments often appear as lost sales, but delayed approvals and system errors can mask true transactions. Merchants are urged to distinguish between recoverable issues and hard declines to safeguard revenue and improve customer trust. Failed checkout payments often…
Experts suggest that the upcoming merchant discount rate fee on UPI transactions for mutual funds and share trades will primarily burden service providers, not individual investors, despite concerns over increased costs. Investors using UPI for mutual fund purchases and share-related…
India’s Finance Minister Nirmala Sitharaman urges the Reserve Bank to broaden the digital rupee’s use, leveraging tokenisation, AI, and quantum technology to modernise the nation’s financial infrastructure amid rapid technological shifts. India should widen the use of its digital rupee,…
The Reserve Bank of India hosts a comprehensive one-day conference in Srinagar, focusing on enhancing digital financial services and strengthening cyber security measures in Jammu and Kashmir, with key officials examining innovative solutions and policy initiatives. The Reserve Bank of…
