Department of Financial Services Secretary M Nagaraju has called upon India's FinTech sector to prioritize financial education and consumer protection as the country continues its digital transformation journey.
"India has been successfully implementing it, and we are also entering into bilateral arrangements with many countries. So, within the BRICS track, there is a discussion on it. We are hopeful that in the days to come there will be traction and countries will accept it as it is beneficial for
New Delhi [India], June 27: Indian businesses and vendors working with US clients can now receive international money transfers within hours instead of waiting days, thanks to Zil Money's newly launched cross-border payment feature. The fintech company has introduced a revolutionary digit
Bengaluru (Karnataka) [India], June 19: Xflow, India's leading cross-border payments platform, today announced its bold vision to support over 30,000 Indian exporters by the end of 2025. The company is on a mission to simplify global money movement for IT service providers, funded startups,
Bengaluru (Karnataka) [India], May 14: Xflow, a leading cross-border payments platform, has partnered with Drip Capital, a fintech specializing in trade finance solutions, to optimize international transactions for businesses. This collaboration empowers Drip's users by offering them a se
Bangalore (Karnataka) [India], April 16: Fairexpay, a pioneer in digital payment solutions, today announced a strategic partnership with RemitX, a division of Capital India Finance Limited and a leading player in the foreign exchange and remittance industry. This collaboration marks a signif
Mumbai (Maharashtra) [India], March 31: BRISKPE, India's pioneering cross-border payments platform powering the global ambitions of Indian exporters, freelancers, and service providers, has earned ISO 27001:2022 and SOC 2 Type 2 certifications -- two of the most stringent and globally rec
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a
Mumbai (Maharashtra) [India], January 7: BRISKPE, a PayU-backed cross-border payment platform, has introduced a game-changing solution designed specifically to meet the needs of micro, small, and medium enterprises (MSMEs). This unified platform integrates account-to-account (A2A) transfers,
Amsterdam [Netherlands]/ Singapore, November 6: MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a USD 15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanP
The leaders stressed the importance of bolstering cross-border financial practices and deepening economic ties among member countries. They reiterated the growing need to reform the international financial architecture to make it more inclusive and equitable.
Bengaluru (Karnataka) [India], September 10: PayGlocal, a leading cross-border payment solutions provider, is thrilled to announce that it has received final authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. This significant milestone allows PayGl