RBI Increases deposit limit for Payment Banks, New Measures for PPIs
On 7th April, 2021, the RBI released its Statement on Developmental and Regulatory Policies and has decided to increase the deposit limit for payment
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NPCI sets up NPCI Bharat BillPay Ltd. to process Recurring Payments
The National Payments Corporation of India (NPCI) has announced the formation of a wholly-owned subsidiary firm NPCI Bharat BillPay Ltd to process
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RBI Orders Forensic Audit of Mobikwik after it rubbishes hacking claims
The Reserve Bank of India (RBI) has ordered an immediate forensic audit of Mobikwik, by a certified forensic auditor for the recent data breach
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Policy Bazaar joins Paytm-Ola-IndusInd Bank consortium for NUE
Insurance Platform Policy Bazaar has partnered with Paytm-Ola-IndusInd Bank consortium for NUE (New Umbrella Entity). The companies have already set up an
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‘Wear ‘N’ Pay’, Axis Bank says
Axis Bank has revealed a range of wearable devices for contactless payment transactions. The ‘Wear ‘N’ Pay’ program allows the
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NPCI & SBI Payments to launch NFC Based ‘RuPay SoftPOS’ Systems
National Payments Corporation of India (NPCI) has partnered with SBI Payments to launch NFC based ‘Rupay SoftPOS‘ systems for merchants. This has the capability
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New Umbrella Entities in Fintech: For Dummies
According to a report published by Deloitte, FinTech was one of the top five markets by value of capital funding
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