The 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...

Despite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...

Citi is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-bo...

Fake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims received fake gas bill update messages,...

Facebook user privacy settlement: Facebook users who previously cashed their initial privacy settlement payment are now eligible for a seco...

Financial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Expe...

An IIM graduate surprised his parents in Pune by presenting his first salary in cash. Ashwajeet Kamble recreated a cherished memory of his ...

BharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even w...

Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...

Unified Payments Interface (UPI) services are now live in Cambodia, enabling Indian travelers to make QR code-based payments. This collabor...

Indian 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 are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...

Daily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...

India's digital economy is set for major growth. Technological innovation and increasing consumer trust will drive expansion. Artificial in...

In a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...

Although number of frauds for public and private sector banks reduced, the amount involved has increased over the years. Number of frauds w...

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...