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US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to ChinaUS stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...- If India can, why not the US? To win the global money game, America has to playInternational money transfers remain complex and costly, particularly for migrant workers and businesses in lower-income countries. The US ...
- India's plan to link fast payments like UPI draws cautious, guarded response from FedThe United States has expressed concerns about linking domestic fast payment systems like India's UPI for faster global transactions. Feder...
- NPCI in talks to link Indian and US banks for real-time payment serviceThe National Payments Corporation of India (NPCI) and banks from both the United States and India are in advanced discussions to establish ...
- How UPI could revolutionise consumer credit in IndiaConsumer credit in India is growing rapidly, but it is not reaching everyone. The industry primarily caters to affluent urban professionals...
- RBI, international counterparts discuss CBDCs for cross-border settlementsAn internal Reserve Bank of India (RBI) working group has been exploring the best technology path to develop a roadmap for such direct tran...
- India, US discuss G20 cross-border payments, global debt challengesThe meeting was held on August 3 between senior Finance Ministry officials led by Chief Economic Adviser V. Anantha Nageswaran and the US T...
- Fraud management platform Effectiv raises $4.5 million led by Better Tomorrow VenturesThe California-based startup, with operations in India, provides artificial intelligence (AI)-powered solutions such as payment fraud detec...
- Will your paycheck in the US be cleared faster now with the launch of FedNow instant payment service for banks?FedNow offers instant payment services for banks and credit unions to transfer money for their customers. Unlike other private money-transf...
- Fed launches long-awaited instant payments service, modernizing systemThe US Federal Reserve has launched "FedNow", a payment service that aims to modernize the US payment system by enabling instantaneous tran...
- US Fed set to launch long-awaited instant payments service, modernising systemFedNow is launching with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like J...
- 57 firms set to use 'FedNow' instant payments system: US Federal Reserve41 banks and 15 service providers, including large firms like JPMorgan Chase, Bank of New York Mellon, US Bancorp and Wells Fargo, have com...
- US debt vote passage boosts Asian markets, Fed now in viewAsian markets mostly rose following the US House's bill to prevent default and ahead of the Federal Reserve's next policy meeting and China...
- Will Fed now head towards a pause?The US Federal Reserve may have reached its terminal level of its current interest-rate upcycle. The differential with the Indian policy ra...
- India's digital public infra central to its goal of becoming $5 trillion economy: Emphasis Ventures CEODigital public infrastructure (DPI) refers to blocks or platforms such as digital identification, payment infrastructure and data exchange ...
- US consumer prices rise 6% in February, all eyes will be on Fed nowThe Consumer Price Index (CPI) rose 0.4% last month after accelerating 0.5% in January, the Labor Department said on Tuesday. That lowered ...
- The world could be about to wake up to the next big thing in bankingWith Nexus, it’ll be possible before hitting “Send” to establish if the payment will succeed. For instance, by validating that the recipien...
- Fed outage raises questions on Wall Street as services restoredThe Fed’s system has suffered problems before. In 2019, the FedWire interbank funds transfer service went down for about three hours. The F...
- WhatsApp pay gets NPCI nod to expand UPI project to 10 million usersRecently, Facebook said it expects to roll out WhatsApp Pay in a number of countries, in the next six months. CEO Mark Zuckerberg said comm...
- Google Pay India learnings will be taken to global markets: Alphabet CEO Sundar Pichai“We've had a lot of traction with our payments product over the past 18 months. We had a tremendously successful launch in India from which...
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