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DIGITAL PAYMENTS INDIA
PhonePe launches AI-powered SmartPages to help merchants go online in 10 minutesPhonePe has introduced SmartPages, an AI tool for merchants. This innovation allows businesses to build payment-ready webpages in under ten...- Regional retail companies chase IPO gold to fund dreamsSmall towns in India are becoming major retail growth centers. This is leading many regional companies to plan initial public offerings. Th...
- India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- Citi leverages AI to transform payments, boost efficiency and enhance cross-border transactionsCiti is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-bo...
- 'Making in Russia for India' eyes fertilisers, critical mineral mining JVsIndia's envoy to Moscow, Vinay Kumar, has proposed a 'Making in Russia for India' model. This initiative aims to boost industrial ties acro...
- 'Our India policy starts with a clean slate and shared economic goals'Nepal's Foreign Minister Shishir Khanal is visiting India to foster stronger ties. The new Nepali government prioritizes good governance an...
- Forensic experts call for AI-driven playbook to counter deepfakes and digital scamsFinancial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Expe...
- India's long-term story intact despite short-term headwinds: Citi CEO Jane FraserCiti CEO Jane Fraser sees India's long-term growth story remaining strong. She highlighted India's reform momentum and digital transformati...
- CBSE clarifies re-evaluation payments, says portal withstands cyberattack attemptCBSE has clarified its online portal for Class XII answer sheet verification and re-evaluation. Students can use various payment methods li...
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
- Tokenisation could be the next big upgrade to India's market plumbingTokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's finan...
- RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
- Premiumisation, digital push, and India’s consumption story: Inside HUL’s growth blueprintHindustan Unilever Ltd remains optimistic about India's future growth. The company is focusing on increasing consumption, premium products,...
- Indian travellers can now make UPI payments across CambodiaIndian travellers can now pay in Cambodia using UPI. This new service allows them to scan Cambodia's KHQR code with their UPI apps. Payment...
- Indian travellers worry more about forex costs than visa queues: ReportIndian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...
- UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
- Digital payments, mobile economy have significant room for expansion; no slowdown in transaction growth: Paytm CEOIndia's digital economy is set for major growth. Technological innovation and increasing consumer trust will drive expansion. Artificial in...
- OPL in talks to sell stake to AvenuesAI, eyes AI-powered credit revolutionOnline PSB Loans (OPL) is in advanced talks to bring AvenuesAI on board as a minority stakeholder, with AvenuesAI planning to acquire a 7% ...
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