Bangladesh's post-Covid recovery continues to be impacted by high inflation, balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth, especially women and educated youth, says the World Bank in its twice-yearly-update, released
New Delhi [India], October 15: In the world of fintech, discussion primarily revolves around banking, payments, lending, insurance, regulations and other head-line grabbing sectors. While these sectors do play an important role in the fintech revolution, the often-overlooked sector is the co
New Delhi [India], October 14: LSSR, a leading global fintech consulting company, proudly celebrates its 5-year journey of innovation, growth, and excellence. Since its founding in 2019, LSSR has become a trusted partner to fintech and financial services brands, specializing in incorporation
Scindia emphasized the remarkable success of the Unified Payments Interface (UPI), and said, "The concept of UPI a united payment interface, in the month of August, we did a transaction of one month of USD 275 billion in a month. 15 billion transactions in India. We've had the fastest 5g rol
Domestic Institutions led by mutual funds have raised their stake in the Indian mobile payments company Paytm. Latest shareholding pattern filed by the company on the exchanges shows that mutual funds have increased their stake in the company by 1 per cent.
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
Pune (Maharashtra) [India], October 11: India's goal of becoming the third-largest economy by 2030, it is essential that growth is driven not only by the thriving startup ecosystem but also by the active participation of SMEs and traditional informal businesses. These businesses must evolve
New Delhi [India], October 10: ToneTag, a voice-based commerce and payments company, has unveiled a revolutionary IoT Node a.k.a soundbox that is reshaping the Indian payments landscape. This innovative device goes far beyond traditional soundboxes, offering a comprehensive payment solution
Bengaluru (Karnataka) [India], October 10: Truecaller launches blue tick verification for all Premium users in India. The new Verified Badge service allows users to verify their identity through the government-backed Unified Payments Interface (UPI) to confirm their correct names.
Miami (Florida) [US], October 9: Aleph, a leading ecosystem of global digital experts and technology-driven solutions that enables the growth of global digital marketing, today announced the acquisition of a controlling equity interest in Localpayment, a fast growing Payment Service Provider
In a bid to boost digital transactions and financial inclusion in the country, the Reserve Bank of India (RBI) has announced an increase in transaction limits for Unified Payments Interface (UPI) services, particularly for users of keypad mobile phones.
Singapore, October 9: Mastercard today revealed that 73% of affluent consumers like to closely manage their money, with 48% even using "financial gymnastics" to maximize rewards. These consumers, who are in the top 10% of household incomes domestically, juggle various payment methods, plan t