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CROSS BORDER PAYMENTS MARKET
At flood-destroyed China-Nepal border, no sign of a once-busy portRescue workers search for hundreds missing after a glacier collapse caused a devastating mudslide. The Gyirong border crossing, a key trade...- Cross-border fintechs are still competing with banks, not each other: Skydo’s Movin JainSkydo co-founder Movin Jain says fintechs together account for only 1-2% of the market, making category creation a bigger priority than com...
- Sebi, European Markets Authority partner for cooperation on central counterpartiesSebi and the European Securities and Markets Authority (ESMA) signed a memorandum of understanding to enhance cooperation and information e...
- E-commerce exports to help increase business of small-town players, says expertsGovernment e-commerce measures will significantly boost small-town traders' global market access. Artisans in handlooms, handicrafts, and j...
- Govt stalls Alipay+ tie-up over data security concernsAlipay+'s proposal to link with India's payment system faces national security concerns. Concerns also exist regarding the storage and use ...
- India stalls Alipay+ payments link over security, data concerns, sources sayIndia has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the ...
- Payoneer India Cross-Border Excellence Awards 2026 unveils jury panelThe announcement of the distinguished jurors reaffirms the commitment of the Payoneer India Cross-Border Excellence Awards 2026 to honour t...
- 'We are so, so lucky': Dubai Indian expats recall close call during Kailash pilgrimage amid Nepal floodsDubai-based Indian pilgrims returning from Mount Kailash narrowly avoided deadly Nepal border floods. Their planned return route was devast...
- India's payment wonder comes handy amid Nepal's fatal flood furyIndia's Unified Payments Interface (UPI) system is now instrumental in aiding Nepal's disaster relief fund donations. Donors in India can a...
- Niyo to acquire Capital India’s RemitX forex business for Rs 11.4 croreThe transaction will be undertaken through Kanji Forex, Niyo’s wholly owned subsidiary, and will also bring the RemitX brand and more than ...
- New trade rules raise compliance worries for banks over cross-border paymentsAs of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the valid...
- India, Canada working on easing cross-border remittances: Nirmala SitharamanIndia and Canada are joining forces to improve remittance processes for students. With a focus on utilizing digital innovations, this initi...
- NIPL and Uzbekistan's HUMO sign agreement enabling Indian travelers' seamless transactionsNPCI International Payments Ltd. and Uzbekistan's HUMO have signed a commercial agreement. Indian travellers can now use UPI-enabled apps t...
- India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
- China races to drain barrier lake after deadly Nepal-Tibet floodsChina is racing to reduce fresh flood risks along its Tibet-Nepal border after Wednesday’s deadly disaster created barrier lakes on both si...
- India, Canada set $70 billion trade target, widen economic partnershipIndia and Canada aim to deepen economic ties, expanding beyond goods and services. They plan to scale up bilateral trade to seventy billion...
- British Virgin Islands seeks dedicated India investment corridorThe British Virgin Islands (BVI) is seeking to deepen its role in India’s cross-border investment ecosystem by proposing a dedicated BVI-In...
- UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
- UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
- Cross-border payments, India’s global UPI push in focus at GFF 2026The seventh edition of the Global Fintech Fest (GFF) 2026 to be held in Mumbai from September 8 to 11, will bring together policymakers, ce...
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