Mumbai, March 24 The Reserve Bank is developing more digital public infrastructure and payment intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer experience and strengthen the payment ecosystem, according to a senior central...
apis
application programming interfaces
artificial intelligence
customer experience
digital public infrastructure
dpi
financialtechnology
interoperability
payment grievance handling
payment systems
rbi
reserve bank of india
upi
New Delhi, March 11 Fintech platform CRED announced on Wednesday that it has received final authorization from the Reserve Bank of India to operate as a payment aggregator.With this, CRED and its subsidiaries now hold two Reserve Bank of India (RBI) authorizations, including the Prepaid...
cred
financial regulation
financial services
financialtechnology
india
merchant onboarding
operating loss
payment aggregator
payment platform
payment settlement
payment systems
prepaid payment instruments
refund processing
reserve bank of india
revenue growth
Washington, March 5 – Canada’s Prime Minister Mark Carney has praised Prime Minister Narendra Modi’s leadership and governance record, highlighting his relentless work ethic and focus on serving ordinary citizens, while signaling a push to deepen ties between Ottawa and New Delhi.Speaking at...
artificial intelligence
canada
digital transformation
direct benefit transfers
economic reform
financialtechnology
geopolitical shifts
government governance
india
india-canada relations
lowy institute
mark carney
narendra modi
strategic outlook
upi
New Delhi, February 26 The digital payments giant, PhonePe, has reported strong revenue growth and a sharp decrease in losses over the past three fiscal years, indicating a shift towards sustainable monetization and operational efficiency, according to its draft red herring prospectus (DRHP)...
capital allocation
data centres
digital payments
ebitda
financial performance
financial services
financialtechnology
india
merchant payments
phonepe
registered users
revenue growth
share.market
upi payments
user growth
The government will launch a pilot project for distributing food subsidies based on a Central Bank Digital Currency (CBDC) under the Pradhan Mantri Garib Kalyan Anna Yojana in Puducherry tomorrow.Union Minister for Consumer Affairs, Food and Public Distribution, Pralhad Joshi, will inaugurate...
canara bank
cbdc
central bank digital currency
consumer affairs
digital wallets
fair price shops
financialtechnology
food distribution
food subsidies
government initiative
government of puducherry
pilot project
pradhan mantri garib kalyan anna yojana
puducherry
reserve bank of india
Mumbai, February 24 Indian tech industry revenues for FY26 are projected to grow by 6.1 per cent to USD 315 billion, Nasscom said on Tuesday.The industry lobby group revised its FY25 revenue figure to USD 297 billion from USD 282.6 billion earlier.The revenue growth in FY26 increased...
February 15, New Delhi: Amit Shah inaugurated India's first Central Bank Digital Currency (CBDC)-enabled Public Distribution System, developed in partnership with Punjab National Bank, in Gandhinagar, Gujarat, on Sunday.Under the pilot project, over 26,000 families in the Sabarmati zone and...
amit shah
cbdc
central bank digital currency
digital wallets
financialtechnology
gandhinagar
government initiative
gujarat
india
india's economy
pilot project
public distribution system
punjab national bank
sabarmati zone
subsidy distribution
New Delhi, February 13 The National Commodity and Derivatives Exchange (NCDEX) announced a long-term strategic partnership with Tata Consultancy Services (TCS) on Friday to support its planned entry into the equity and equity derivatives markets.The exchange selected TCS following a...
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...
cross-border payments
duitnow qr
financialtechnology
india
international payments
malaysia
merchant payments
nipl
npci
payment infrastructure
payments network malaysia sdn bhd
paynet
qr payments
travel payments
upi
New Delhi, February 13 Sebi Chairman Tuhin Kanta Pandey on Friday highlighted the risks posed by artificial intelligence in the financial system and stated that regulations must evolve to supervise systems and technology, and manage the boundary between regulated finance and unregulated digital...