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PAYMENT INSTITUTION LICENSE LUXEMBOURG
Paytm's European arm secures payment institution licence in LuxembourgPaytm's European arm, Paytm Europe Payments, has secured a crucial payment institution license from Luxembourg's financial regulator, effec...- Mynd Fintech, part of Treds platform M1xchange, acquires C2FO IndiaM1xchange is an RBI-licensed Treds (Trade Receivables Electronic Discounting System) entity. C2FO runs C2Treds and also has the same licenc...
- RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
- India has Microsoft's market. Ireland has its profitsMicrosoft's inaugural public tax report reveals a stark disconnect between its global market presence and where profits are booked. While I...
- Standard Chartered processes real-time remittance to India in 37 seconds using Swift's new frameworkStandard Chartered has achieved a world first, processing a cross-border remittance to India in a mere 37 seconds using Swift's new retail ...
- Google loses fight against record €4.1 billion EU antitrust fineGoogle's appeal against a record €4.34 billion EU fine for abusing its Android dominance has been dismissed by Europe's highest court. The ...
- UAE central bank restrictions may dampen NRI dollar mobilisationNew UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative off...
- Shutterstock shares crash 29% after Getty Images calls off $3.7 billion mergerShutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competiti...
- NPCI partners with HSBC India to enable real-time FX settlement for global UPI paymentsExciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...
- UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
- 'Just mention Zoho and get discount on Microsoft Office license': Sridhar Vembu says India will catch up in AIZoho founder Sridhar Vembu shared an anecdote where a customer secured a 90% discount on Microsoft Office licenses after mentioning Zoho as...
- NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
- German engine maker Everllence SE in talks for Indian manufacturing of two-stroke engines for shipsGerman marine engine giant Everllence SE is eyeing India for local manufacturing of its two-stroke engines for large commercial ships throu...
- Cashfree Payments bets on cross-border push with travel, investment paymentsCashfree plans to begin pilots this year for overseas investment, travel and business-to-business payment services, expanding beyond online...
- India's SBI-backed Cashfree Payments bets on cross-border push with travel, investment paymentsIndian fintech firm Cashfree Payments is set to significantly expand its cross-border operations, aiming to capture growing international t...
- Patna court extends Khan Sir's protection from arrest till July 3 in coaching institute firing caseA Patna court has extended the protection from arrest for educator Faisal Khan, known as Khan Sir, until July 3 in connection with a firing...
- BSE announces change in licensing requirements for market data products from Jan 2027BSE Ltd has announced a significant transition in its management of international licensing for market data products, effective January 1, ...
- India, Seychelles unveil 19 outcomes spanning defence, digital payments, space, healthIndia and Seychelles have inked 19 key agreements, bolstering bilateral ties across defense, maritime security, digital payments, space, an...
- Fintech Airwallex secures $320 million in new funding round at $11 billion valuationFintech giant Airwallex has secured a significant $320 million funding round, valuing the company at $11 billion. This substantial investme...
- 71% of MSMEs on TReDS platform now come from Tier-II and smaller cities: M1xchange reportMSMEs from Tier II, III, and beyond now constitute a significant portion of platform users and transaction volume. This digital financing e...
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