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Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...- 'Is PM seeking to dilute UPI, open digital payments sector to US businesses': CongressCongress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...
- UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...
- JP Morgan CEO Jamie Dimon leads new cross-industry effort to tackle AI risksJP Morgan Chase's CEO, Jamie Dimon, is calling upon business leaders to participate in a newly established industry group dedicated to tack...
- Can a shop charge you extra for paying by credit card? Here's what every card user should knowCan merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card a...
- Visa beefs up cybersecurity offerings with $2.4 billion BioCatch dealVisa is acquiring fraud intelligence provider BioCatch for $2.4 billion. This acquisition aims to significantly bolster Visa's cybersecurit...
- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- Chime to cut 10% of total workforce on AI driven efficienciesFintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational ef...
- Mastercard profit beats estimates on strong consumer spendingMastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes and resilient consumer spending sup...
- Visa to lay off 7% of staff as efficiency push deepensVisa plans to reduce its workforce by approximately seven percent. This significant job cut will primarily affect technology and product te...
- Beyond Bitcoin: Crypto trends investors should watch over the next 6 monthsCoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural...
- How AI fraud detection is reshaping banking and financial services in IndiaEvery digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping fi...
- IndusInd Bank customer loses Rs 2.3 lakh in 18 minutes to a KYC scam: Court orders refund; says banks, not customers, are responsible for unauthorised transactionsIndusInd Bank ordered to refund after customer loses Rs 2.3 lakh to a KYC scam: A Delhi consumer commission has ordered IndusInd Bank to re...
- Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AIIBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. C...
- Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
- The experience economy is reshaping consumer financeYoung professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on trav...
- On America's big birthday, mixed emotions over legacy and futureAmericans marked 250 years of independence with a mix of pride and concern. Thousands gathered on the National Mall, facing extreme heat an...
- Why Great Innovations Fail to ScaleScaling innovation today demands contributions from multiple partners. Many innovations fail not because of flawed ideas but because teams ...
- Consortium including Visa, Mastercard jointly launch new global stablecoinThe venture, called Open Standard, brings together more than 140 businesses for the stablecoin network and will issue a new US-dollar pegge...
- Mastercard Move: Who is strategising at Mastercard to eliminate pain points and make money move globally effortlessly?International payments have traditionally been slow, less transparent, and expensive. With growing expectations of better, seamless payment...
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