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.
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 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.
With digital payment systems becoming increasingly popular among all segments of the population, including differently-abled individuals, the RBI's latest guidelines urge payment system participants (PSPs)--comprising banks and authorized non-bank payment providers--to review and modify thei
New Delhi [India], September 3: SystemSePay, an innovative and fully interoperable invoice-based payments system, was officially showcased at the prestigious Global Fintech Festival (GFF) 2024. The product showcase event was officiated by Sunil Ghumatkar, Managing Director; Vishal Shetty, Di
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have today signed a Memorandum of Understanding (MoU) aimed at establishing a framework to enhance bilateral cooperation in the area of payment systems.
Mumbai (Maharashtra) [India], June 18: India has emerged as one of the most robust FinTech economies in the world with landmark innovations in secure payment systems and gateways, paperless lending, mobile banking and wallets and other innovations which are driving the country's digital tran
New Delhi [India], February 7: In the rapidly changing cryptocurrency space, changes in investor mood have the potential to cause drastic adjustments to the market environment. A prominent Solana whale made a daring move to Retik Finance, causing observers and seasoned investors to take noti
Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday met with Thomas Jordan, the Chairman of Governing Board, Swiss National Bank, during the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.
Sergey Cheryomin, Head of the Department for External Economic and International Relations of Moscow on Wednesday said cooperation prospects between the Russian payment system Mir and Indian payment system RuPay are bright and would also help boost tourism.