New Delhi [India], November 12: Hashtag Web3's latest report, Central Bank Digital Currency in India, provides a comprehensive look at India's transition to the Digital Rupee. This collaborative analysis, enriched by insights from over 30 industry experts and the Web3 community, examines the
Amid the ongoing sell off by the foreign investors, if it coupled with a sharp surge in the crude price it could put India Balance of Payments (BoP) under significant pressure, highlighted a report by DSP Asset Managers.
Amid China's economic struggles, police are increasingly seizing assets from private businesses, demanding payments in exchange for releasing frozen funds. Business owners report widespread extortion, with the practice of "offshore fishing" growing as a source of revenue for local government
Singapore, November 8: iServeU, a leading digital payment solutions provider to banks and financial institutions in India, South East Asia, Middle East and Africa regions, and PAX Technology, a global leader in electronic payment terminals, have announced a strategic partnership to launch an
In a landmark move towards enhancing pension services, Union Minister of Labour and Employment and Youth Affairs and Sports, Mansukh Mandaviya announced successful completion of pilot run of the new Centralized Pension Payments System (CPPS) under Employees' Pension Scheme 1995.
New Delhi [India], November 7: Paying electricity bills on time is necessary to have a continuous power supply to your place. With digitalisation, the payment process of electricity bills has become really easy. Earlier, one had to stand in long queues outside the collection office for hour
RBI Governor Shaktikanta Das said on Wednesday that capital expenditure spending of the centre and states are picking up but high subsidy outgo is a concern.
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
Singapore, November 6: As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones
Mumbai (Maharashtra) [India], November 5: IDFC FIRST Bank has become the first Indian bank to offer a real-time tracking service, in association with Swift, for money sent abroad. This is available on the bank's award winning Mobile Application and Internet Banking platforms. This marks a si
Singapore, November 5: Ahead of the Singapore FinTech Festival, Mastercard today introduced Mastercard Pay Local, a global service that makes it easy for consumers to make card payments to merchants using local digital wallets. With Mastercard Pay Local, resident cardholders or international
The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months