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Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- UPI transactions rebound in July after June dipThis uptick in value and volume comes amid discussions on the cost of processing UPI transactions. Banks are beginning to levy charges on c...
- Bhim powers up; Privacy hit for RTIHappy Wednesday! Users are returning to the payments app Bhim, attracted by cashbacks and incentives. This and more in today's ETtech Morni...
- NPCI posts 37% jump in FY24 net profit to Rs 1,134 crore, revenue up 42%NPCI has reported a 37% growth in its net profit at Rs 1,134 crore for FY24. Total revenue was up 42% at Rs 3,278 crore on a consolidated b...
- Govt wants sponsor banks to help RRBs upgrade technologyThe government has directed state-run banks to help regional rural banks (RRBs) upgrade their technology and join the National Payment Corp...
- UPI, IMPS, retail payments of some banks temporarily unavailable due to ransomware attack on tech-providerUPI payments: Ransomware attack on C-Edge Tecnologies who manages systems of certain specified banks. As per NPCI's advisory note, "To prev...
- Maldives to launch India's RuPay service amid bilateral tensionsDespite recent turbulence in bilateral relations, the Maldives is set to launch India's RuPay service, a move expected to strengthen the Ma...
- There has to be a governance layer if you operate in financial services sector: NPCI chief Dilip AsbeThe NPCI chief, who was in conversation with Pine Labs chief executive Amrish Rau, said currently there is still room for digital payments ...
- Coinbase chief Brian Armstrong questions India’s crypto trading ‘shadow ban’Last year, several banks including ICICI Bank and Paytm’s Payments Bank cut ties with crypto exchanges based on “informal requests” by the ...
- Pushback on crypto ‘shadow ban’; Amazon to absorb Cloudtail, Prione employeesNow, many top banks which have blocked UPI for trading crypto based on “verbal instructions” from NPCI, want it to spell out the rules in w...
- NPCI transfers automatic bill payments business to new subsidiaryAll licensed bill processors – banks and payment aggregators – on the platform received an email from NPCI on March 31, asking them to star...
- ETtech Morning Dispatch on Feb 24, 2021: Grofers is getting SPACed, Amazon readies NPCI rivalHere's a look at the top tech news to start your day.
- Concerns over transactions on third party apps like GPay can be redressed: NPCIThe NPCI said that "malicious news" is floating on social media which suggests that transferring money through Google Pay is not protected ...
- FASTag, mobility cards big focus for us this year: NPCI COOPraveena Rai says it's a year for transit and FASTag is going to be a big focus for NPCI.
- WhatsApp yet to comply with data localisation norms: RBIThis is the first time the central bank has made an official statement on WhatsApp’s payments business and compliance with data localisatio...
- WhatsApp yet to ping storage timeline to NPCIWhatsApp, as of now, is mirroring payments data -- keeping a copy of it overseas. The payments service is still restricted to about 1 milli...
- ET Awards 2018 for Policy Change Agent of the Year: NPCINPCI was the unanimous choice of the jury for the Policy Change Agent award, for the way it revolutionised the payments landscape of the co...
- Payments proving to be one hurdle too many for WhatsAppChances of WhatsApp going live with payments anytime soon seems bleak as it hits one roadblock after another.
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