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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...- 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...
- Indian businesses still rely on manual invoicing despite digital adoption: StudyNearly seventy percent of businesses still struggle with manual invoice processing. This remains the biggest accounting challenge for India...
- Mobikwik swings to Rs 7.6 crore net profit in Q1Mobikwik achieved 3.7% revenue growth and its third profit quarter. Lower costs and improved lending margins boosted the company's bottom l...
- Nanaji Deshmukh Awas Yojana offers Rs 1.6 lakh housing aid: here's who is eligible and how to applyNanaji Deshmukh Awas Yojana is a Gujarat government scheme that offers Rs 1.6 lakh in financial assistance to registered construction worke...
- Listed fintech firms are widening revenue bets as core growth coolsIndia's fintechs are looking beyond their core businesses as growth normalises and investors seek more predictable revenue. Groww, Paytm, P...
- Shobha Karandlaje seeks CBI probe into KPSC veterinary officer recruitmentUnion Minister Shobha Karandlaje requested a CBI investigation into KPSC recruitment. Allegations of corruption and manipulation mar the Ve...
- 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 ...
- UPI volumes hit record high in July, nears Rs 30 lakh croreCompared to July 2025, UPI transaction volumes rose 22% in July, while the transaction value increased 19% compared to a year ago. The July...
- 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...
- Axis, Kotak Mahindra raise charges for overseas card transactionsAxis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...
- 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...
- AI startup Freehand raises $75 million led by Battery Ventures, NewRoad, NexusFounded by Indian entrepreneurs Nitin Jayakrishnan and Abhijeet Manohar, the San Francisco-headquartered startup has been operating in stea...
- Pine Labs signs six lenders for AI underwriting tool; to launch expense cardsPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...
- Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose abou...
- 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...
- Delhi HC orders winding up of Paytm Payments Bank, appoints former SBI official as liquidatorThe Delhi High Court has issued a ruling for the liquidation of Paytm Payments Bank Ltd, following the Reserve Bank of India's decision to ...
- 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...
- 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...
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