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...
agritech
cedar hill capital
cropcoin technologies
cross-border payments
fraud intelligence
funding
indiamart
investment
niyo
paymentaggregator
reserve bank of india
risk management
sign3
unicorn india ventures
venture capital
New Delhi, March 25 Businesses can now use UPI, debit or credit cards to pay customs duty on the ICEGATE portal, the Central Board of Indirect Taxes and Customs (CBIC) has said.The CBIC, in a circular, stated that the ICEGATE e-Payment platform has enabled a "Payment Aggregator" as an...
Mumbai, March 16 The Reserve Bank on Monday imposed a penalty of Rs 3.1 lakh on the payment aggregator Cashfree Payments India Private Ltd for non-compliance with its directions.The RBI found that Cashfree made certain "unauthorized deductions" from an escrow account, according to an official...
banking regulations
cashfree payments india private ltd
compliance inspection
escrow account
financial penalties
financial sector
india
mumbai
paymentaggregatorpayment and settlement systems act 2007
payment systems
rbi
rbi guidelines
regulatory compliance
reserve bank of india
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
financial technology
india
merchant onboarding
operating loss
paymentaggregatorpayment platform
payment settlement
payment systems
prepaid payment instruments
refund processing
reserve bank of india
revenue growth
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...