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Consumer group warns of rising scam risks with card payments exploiting new vulnerabilities

A consumer organisation warns that scammers are increasingly targeting card payments, exploiting gaps in protection as criminals adopt tactics similar to authorised push payment scams, with potential risks for victims seeking refunds. A consumer group has warned that scammers are…

  • apxadmin
  • August 13, 2026
  • Fintech & Digital Money

India considers reintroducing merchant discount rate for high-value UPI transactions amid fiscal concerns

The Indian government is deliberating whether to reinstate a merchant discount rate on high-value Unified Payments Interface transactions or introduce a tiered incentive system, as it seeks sustainable support for the country’s rapidly expanding digital payments ecosystem. India’s government is…

  • apxadmin
  • August 13, 2026
  • Fintech & Digital Money

Axle secures $17.5 million Series A to disrupt insurance data accessibility and automation

Axle has raised $17.5 million in Series A funding to expand its AI-driven insurance platform, aiming to streamline industry workflows, reduce processing times, and unlock unrecovered losses for over 4,000 organisations across multiple markets. Axle has raised $17.5 million in…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Bengaluru gold prices hit 10-week high amid global bullion rally

Gold prices in Bengaluru rose for the third consecutive session to their highest level in nearly 10 weeks, supported by steady global markets and recovering jewellery demand, signalling a bullish trend for the metal. Gold prices in Bengaluru rose for…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

GACM Technologies rallies as new funding signals renewed investor confidence and strategic expansion

GACM Technologies’ recent surge in share price, driven by a strategic capital raise and positive financial performance, signals renewed investor confidence in its growth trajectory and technology ventures amid market volatility. GACM Technologies has drawn fresh market attention after a…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Switzer Dividend Growth Fund reports strong July income amid variable payouts

The Switzer Dividend Growth Fund delivered a robust grossed-up income return of 6.55% for July 2026, highlighting its focus on regular distributions despite recent fluctuations in payout levels, with market data showing a significant rise in monthly yields. Switzer Dividend…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

AMD Industries surges after strong quarterly recovery despite subdued full-year outlook

Shares of AMD Industries soared 20% after reporting a robust June quarter with a fivefold increase in net profit, signalling a potential turnaround amid a challenging full-year performance. AMD Industries staged a sharp rally after reporting a stronger June quarter,…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

BlackRock's dividend-focused trust outperforms with 8.94% year-to-date return amid market pricing divergence

BlackRock’s Enhanced Equity Dividend Trust shows solid year-to-date performance, highlighting how strategic portfolio design in income-focused funds can capitalise on market discounts, with contrasting profiles from Franklin Templeton and iShares illustrating diverse approaches in the income sector. A new monthly…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Aditya Infotech’s profit surge signals move up the value chain amid high valuation

Aditya Infotech reports a significant quarterly profit increase driven by margin improvements and strategic diversification into drones and AI applications, challenging investor concerns over its lofty valuation amid ongoing growth and operational efficiencies. Aditya Infotech’s latest quarterly update has put…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

AI trading reshapes IPO landscape with surging demand and rising risks

The rise of AI-driven trading tools is transforming initial public offerings, widening investor access and potentially boosting valuations, but experts warn of increased market volatility and bubbles. Initial public offerings have long been a barometer of market confidence, but the…

  • apxadmin
  • August 13, 2026
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