Paytm Payments Bank announced that it now has over 100 million KYC-compliant wallets of the over 220 million people using its payments service. In Oct...
Jio Payments Bank Started Operations: RBI
Reserve Bank of India (RBI) said that Jio Payments Bank Limited has commenced operations with effect from April 3, 2018. “The Reserve Bank has i...
FinTech is the Future, MSMEs are the Backbone of Indian Economy: Narendra Modi
Addressing the Economic Times Global Business Summit in New Delhi, Prime Minister Narendra Modi said that the MSME sector is the backbone of the econo...
Grofers Rolls Out UPI Payment Option for Android App
Online supermarket Grofers has introduced Unified Payment Interface (UPI) payment option for all its Android app users. This is another example of dig...
Paypal Enters India
"Merchants offering PayPal will be able to process both local and global payments through PayPal, getting access to PayPal's 218 million customers aro...
Fintech Companies Must Innovate to Secure Cashless Economy: Assocham-PwC Study
Government’s thrust on cashless economy is strong. According to ASSOCHAM-PwC joint study, fintech services companies should develop novel preventive c...
Adhaar Contributed in Significant Amount of Direct Benefit Transfers Scheme
Biometric cards have facilitated disbursement of as much as Rs 83,184 crore to beneficiaries of Direct Benefit Transfer (DBT) schemes without the noto...
Airtel Payments Bank Attracts SMEs
The Airtel Payment bank at present is aiming to tap the millions of Micro and Small Enterprises in the country by providing them the digital dedicated...
BSNL’s Digital Wallet for Tier 2, Tier 3 and Rural India Launched by Manoj Sinha
Moving forward with Prime Minister Narendra Modi’s 'Digital India' mission, the Bharat Sanchar Nigam Limited has gone digital by launching a bespoke m...
FinTech is the New Dawn of Opportunity for Startups: Amitabh Kant, Niti Aayog
“Currently, more than 600 startups are in the field of lending, payments, insurance and trading and the current financial technology software services...