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.
Russian President Vladimir Putin emphasised the need to expand the use of national currencies in mutual settlements among BRICS countries, calling for the "creation of an independent settlement on the BRICS platform" to make transactions "faster, more efficient and safer."
The growth highlights the extensive usage and utility of Aadhaar, as well as the expansion of the digital economy in the country, according to the Union Ministry of Electronics and IT.
In FY 2025, Global Capability Centres (GCCs) in India showed a clear preference for larger office spaces despite a slight decline in the number of overall transactions.
As per the sources, members noted that with increasing internet penetration and digital transactions, there is a growing need to raise public awareness about cyber safety. The meeting also focused on measures required to curb online fraud.
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
Public sector banks (PSBs) continue to dominate in terms of the value of transactions made through ATMs and cash deposit machines (CRMs), while private sector banks maintained a strong lead in online (e-commerce) transaction value, according to the data from a report by Indus Equity.
Mumbai (Maharashtra) [India], June 25: IDFC FIRST Bank today announced that Non-Resident Indian (NRI) customers of the bank can now make UPI payments using their international mobile numbers. NRIs can now make real-time UPI payments from their NRE or NRO accounts with IDFC FIRST Bank through
Senior Superintendent of Police (SSP) Maninder Singh told ANI, "We received information that Gurpreet Gopi, a sepoy in the Indian Army, had ISI contacts and had been in touch with them. He had been conducting suspicious monetary transactions with his friend, Sahil Masih from Dhariwal village
New Delhi [India], June 20: In B2B (business-to-business) environments, where transactions are high-stakes, decision-making cycles are complex, and relationships are long-term, communication is far more than a functional necessity--it is a strategic asset.
At the Digital payment Award distribution ceremony held in the national capital, Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman, hailed India's extraordinary achievements in the field of digital payments and financial technology, noting that the country is now leading
Bengaluru (Karnataka) [India], June 12: Ujjivan Small Finance Bank Limited (Ujjivan SFB) today announced the launch of Ujjivan Rewardz, a multi-tier system designed to reward the customers on their various digital transactions. With this program, Ujjivan SFB aims to further deepen customer e