The DSCE discussed the vital role of Artificial Intelligence (AI) technologies and data management through the achievements of the Data Hub for Integrated Solutions (Moro), a subsidiary of Digital DEWA, the digital arm of DEWA, in developing digital services, smart management of data, operat
New Delhi [India], March 31 (ANI/Mediawire): As the quantum of human experience that is "digitalised" grows by the minute, it creates complex and interconnected spaces for the law to intersect with technology. The need for protecting privacy amidst increasing data collection, regulating arti
The National Payments Corporation of India (NPCI) cleared the air on Wednesday about the recently introduced interchange charges, saying they are only applicable for the prepaid payment instruments (PPI) transactions and there is no charge to customers.
The central bank has written a letter to all the agency banks that they should keep their designated branches open for over-the-counter transactions related to government transactions up to the normal working hours on March 31, 2023.
During the above-mentioned time period, 431 requests were received from law enforcement agencies (LEA), against a total transaction volume of USD 390 million on the platform during this period.
The Delhi High Court on Monday granted six weeks more time to the Reserve Bank of India (RBI) to respond on a Public Interest Litigation (PIL) seeking direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and benami transactions.
Speaking at the Payment System Operators (PSO) Conference in Kochi on Saturday, the government said, "Availability and affordability of an expeditious grievance redress mechanism is of utmost importance to ensure public trust in digital payments."
Under the MoU, the two central banks will collaborate on various emerging areas of fintech, especially central bank digital currencies (CBDCs) and explore interoperability between the CBDCs of CBUAE and RBI.
Gurugram (Haryana) [India], March 16 (ANI/BusinessWire India): Gurugram based OfBusiness (OFB), a B2B unicorn, has launched a unique and customized app to help Micro, Small, and Medium Enterprises (MSMEs) to procure and supply raw materials, be it infrastructure based such TMT, Flat Steel, A
Department for Promotion of Industry and Internal Trade (DPIIT) secretary made the remarks during an interactive session on 'Inclusion on the Back of Technology: Best Practices' at the CII Partnership Summit 2023 here on Tuesday.
New Delhi [India], March 14 (ANI/ATK): India is tightening the screws on cryptocurrency as the country's Ministry of Finance, in a gazette notification announced that all transactions related to cryptocurrencies or virtual tokens will come under the Prevention of Money Laundering Act 2002 (P
In what is a first-of-its-kind collaboration with another country, India and Singapore last month linked their respective online payments systems -- Unified Payments Interface (UPI) of India and PayNow of Singapore -- for seamless cross-border transactions between the two countries.