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CASHLESS ECOSYSTEM
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- UAE landlords can now check tenants’ credit scores before renting homes; here’s how the new system worksPrivate landlords in the UAE can now access tenant credit scores. This new system requires tenant consent through the UAE PASS digital iden...
- West Bengal’s Delhi wall may disappear: What schemes could BJP rule in Kolkata unlock?West Bengal's long-standing political clashes with the central government over welfare schemes are set to change. With the BJP now in power...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAE’s central bank rolls out new initiativeTourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, ...
- From Indian temples and bazaars to taxis: German traveller amazed by India’s ‘ting ting’ payment system, calls it pure magicA German tourist was impressed by India's seamless digital payment system, where QR codes enable quick, cashless transactions for everythin...
- Health insurance records strong growth momentum with premiums exceeding Rs 1.2 lakh crore in FY25India's health insurance sector is growing strongly. The Insurance Regulatory and Development Authority of India (Irdai) has set strict dea...
- Bali introduces new digital payment system to ease cashless transactions for touristsBank Indonesia has launched the Indonesia Tourist Travel Pack at Bali's airport to facilitate digital payments for visitors. This initiativ...
- AHPI revokes its decision to suspend cashless medical payments for Bajaj Allianz customersBajaj Allianz and AHPI resolved a dispute, ensuring uninterrupted cashless healthcare access for policyholders. AHPI, representing over 20,...
- Hospital to home: Why insurers must cover short-term transition care for seniorsStudies show that in addition to faster recovery, transition care facilities can significantly reduce unnecessary emergency visits, thus lo...
- Allow us to regulate hospitals to protect policyholders interest, says Irdai memberShe said an entire regulated ecosystem in the healthcare space will ultimately protect the policyholder or the general public. And because ...
- Paytm, SoftBank digital payment JV, PayPay, acquires 10 mln users in JapanPayPay established 20 sales bases nationwide prior to the service launch to increase the number of merchants with the aim to penetrate the ...
- Post note ban, most retailers ready to accept cashless payments, finds CDFI-IIMB surveyThe study, which compared trends before and after demonetisation, found that about 76% of the consumers still “always” prefer to use cash, ...
- Paying on mobile phone is not as safe as you may thinkBreaches like Equifax that happened in US have proven that payment data are not just with processors but also with third parties like credi...
- Budget has clear focus on Digital India, Skilling: StartupsThe attention to affordable housing and greater employment in rural areas are the right interventions to build a more equitable society.
- No updates for 50 per cent UPI apps in 50 daysThe UPI platform is managed by the National Payments Corporation of India (NPCI), which enables bank account holders to send and receive mo...
- Airtel Payments Bank launches pilot services in KarnatakaAirtel Payments Bank, a subsidiary of the country's leading mobile phone operator Bharti Airtel, rolled out pilot services across 10,000 Ai...
- Freecharge to make 1 lakh taxis go cashless by 2016-endFreecharge has reached over 15,000 taxi drivers in Delhi, Mumbai and Bengaluru to accept payment using their phone in an easy and secure ma...
- Curbing black money: Government plans to promote cashless economyThe government is looking at a slew of measures to promote cashless economy, including creating an ecosystem to incentivise cashless transa...
- Cashless ecosystem: National Payment Corporation building platform for payment mechanismsThe umbrella organisation wants to create a unified backbone and a set of application programming interfaces for others to build payment so...
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