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Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...- Sarvam raises $75 million; Ather trims losses in Q1AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
- 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...
- Australia hikes levy for tech giants that fail to strike local news dealsAustralia's government has raised a planned levy on tech giants. This charge will apply if they fail to reach news deals. The levy now stan...
- Banks propose 'Yes-No' prompt for high-risk UPI transfers to curb digital payment fraudsIndian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...
- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- 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...
- Beyond property search: From documentation to maintenance, how India's online real estate experience is changingIndian online real estate platforms are expanding beyond property discovery services. These companies now offer integrated solutions for th...
- Maldives launches Favara-UPI payment service with IndiaMaldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...
- PhonePe to help businesses read India's market pulse in real timePhonePe has launched PhonePe PulsePro, an enterprise intelligence platform that converts aggregated and anonymised digital transaction data...
- Bengaluru hotels threaten Swiggy boycott from August 15Bengaluru hotels will suspend business with Swiggy from August 15. They demand transparency in payment statements and opt-out options. Unau...
- Transfer of unclaimed shares may go digital; AI, data analytics to perform several tasksThe government plans a new digital system for unclaimed shares and dividends. This system will connect various official platforms using app...
- Apple says UK App Store proposal amounts to price regulationIn a submission to Britain's Competition and Markets Authority, the iPhone maker said proposed "steering" requirements would go beyond prom...
- The evolution of mobile banking apps into financial operating systemsMobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial need...
- Instamart’s new CEO; parliamentary panel summons social media cosSwiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5.
- Pine Labs Q1 profit rises fourfold to Rs 20 crore; retains FY27 growth guidanceRevenue from operations rose 20% to Rs 736.9 crore from Rs 615.9 crore. The growth was led by its issuing and acquiring platform, which exp...
- Emirates now accepts cryptocurrency for flight bookings; here's how it worksEmirates has launched Crypto.com Pay as a payment option on its website and mobile app, allowing eligible UAE residents to pay for flight b...
- PayPal presses on with turnaround in pivotal quarter as sale questions lingerPayPal has detailed its cost-saving plans through 2029. The company also raised its 2026 profit forecast above market expectations. These r...
- ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
- 25 nations including France and Singapore pilot India's DPI platform: OfficialIndia's digital public infrastructure is currently in pilot programs across twenty-five nations. This initiative follows India's successful...
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