cross-border payments

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    Investment Roundup: Cedar Hill, Smile Group Back Sign3's AI Platform

    Mumbai, March 30 Cedar Hill Capital announced on Monday that it has led a USD 1.5 million investment in Sign3, an AI-native fraud intelligence and risk management platform.The round also saw participation from existing investor Smile Group, as well as other founders and operators, including...
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    RBI Considers Regulatory Framework for Digital Payments

    Mumbai, March 27 The Reserve Bank on Friday introduced the 'Payments Vision 2028' document, announcing various initiatives, including the introduction of electronic cheques and expanding the regulatory scope to include entities such as e-commerce companies.A facility for the sender to enable...
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    Sri Lanka Sees Increased Indian Tourism Supported by UPI

    New Delhi, March 17 NPCI International Payments Limited, the international arm of the National Payments Corporation of India (NPCI), has reaffirmed its commitment to expanding the Unified Payments Interface (UPI) merchant acceptance in Sri Lanka.The initiative aims to enhance cross-border...
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    Swift Announces New System for Quicker, Cheaper International Transactions

    New Delhi, March 5 Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's leading provider...
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    UPI Cross-Border Integration: India and Israel Strengthen Financial Partnership

    Tel Aviv, February 26 – India and Israel announced on Thursday that they would deepen their digital and financial partnership by enabling the cross-border use of the Unified Payments Interface (UPI).This will connect UPI with Israel's domestic payment framework, making digital transactions...
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    RBI Approves In-Solutions Global for Online, Offline, and Cross-Border Payments

    New Delhi, February 16 In-Solutions Global Ltd (ISG) announced on Monday that it has received regulatory authorization from the Reserve Bank of India (RBI) across all three Payment Aggregator categories – online, offline, and cross-border.The approval was granted under the latest RBI Master...
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    UPI and DuitNow Integration Opens New Payment Options for Travelers

    New Delhi, February 13 NPCI International Payments Ltd (NIPL), the international arm of NPCI, has signed an agreement with Payments Network Malaysia Sdn Bhd (PayNet), Malaysia's national payment network, to enable QR-based merchant payments between India and Malaysia.The rollout of this...
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