"Ongoing strategic initiatives between the Central Banks of India and the UAE to enable bilateral trade in local currencies, the integration of payment systems in the two countries and cooperation on Central Bank Digital Currencies were also discussed, with both sides commending the stron
Bengaluru (Karnataka) [India], August 26: Catalyst Brands, formed from the merger of JCPenney and SPARC Group, has officially launched its India operations under the new name Catalyst Brands Business Services. This marks a bold new chapter for the company's Bengaluru-based global capability
During the press conference on Prime Minister Narendra Modi's visit, Dammu Ravi, Secretary (East) noted that Namibia has become the first country in the world where the National Payment Corporation of India (NPCI) and the Namibian Central Bank have entered into a licencing agreement for t
New Delhi [India], May 3: In the digital age, businesses are constantly looking for ways to streamline their operations, enhance their customer experience, and ensure secure financial transactions. One of the most powerful tools for achieving this is the Payout API. AtmoonDPS, a division of
In a move to strengthen India's financial ecosystem, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced six additional measures focused on banking regulation, fintech, and payment systems.
Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, stated, "Given the scale of the project, which has a total cost of AED550 million, it has been divided into three key phases.
In a post on X, Musk said that the Treasury Department and his Department of Government Efficiency have reached an agreement changing reporting requirements for all outgoing government payments.
The judge's order, issued on Saturday (local time), temporarily halts access to a sensitive payment system that distributes Americans' tax returns, Social Security benefits, disability payments and federal employees' salaries, CNN stated.
Shanghai Cooperation Organization (SCO) Secretary-General Nurlan Yermekbayev on Thursday ruled out immediate plans for a common payment system within the bloc but stressed efforts to boost national currency transactions in trade.
The US Department of the Treasury on Tuesday clarified that it is neither halting nor denying federal spending and remains committed to protecting the nation's payment infrastructure, according to a report by the New York Times.
The signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies, highlighted a report by JP Morgan.