RBI is planning CBDC pilots soon: Dy Governor T. Rabi Shankar
Speaking at an event hosted by Vidhi Centre for Legal Policy, Deputy Governor of RBI T. Rabi Shankar said, “RBI
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fintech
Bhutan to become First Foreign Country to adopt BHIM UPI
NPCI International Payments Ltd (NIPL) and Royal Monetary Authority (RMA) of Bhutan are collaborating to enable and implement BHIM UPI
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Russia onboards first open banking participants
Promsvyazbank and Tochka are the first participants of Russia’s open banking initiative. Promsvyazbank is a state-backed, formerly private Russian bank
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Half of the world’s population will use mobile wallets by 2025: Report
A Mobile Wallet Report from Boku reports that by 2025 nearly 60% of the world’s population will be using mobile
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RBI announces another On-Tap liquidity Window, 24*7 Automated Clearing
The RBI has issued a statement to announce 24*7 direct benefit transfers, and another on-tap liquidity window of Rs 15,000
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RBI relaxes timeline for Payment Systems compliances
The Reserve Bank of India, through its circular dated 21st May, 2021, has relaxed timeline for a number of payment
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All that happened in the technology law world while we were gone
Hey guys! We are back from our sabbatical. The last month was very tough on everyone, and we too lost
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RBI punishes American Express for violating Data Localisation Guidelines
RBI has restricted American Express and Diners club from onboarding new customers. With these restriction from the RBI, American Express and Diners
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Data Protection Laws should precede Open Banking Frameworks: RBI
Shri M. Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI), remarked that data protection and privacy laws
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LIC appoints Paytm to handle its e-payments
Since the pandemic has contributed to rising digital payments, LIC has appointed Paytm to handle its e-payments. As most of
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