Cyberattack on Brazil tech provider affects reserve accounts of some financial institutionsC&M said critical systems remain intact and fully operational, adding that all security protocol measures had been implemented. The company...
02 Jul, 2025, 08.10 PM IST
Global coffee trade grinding to a halt, hit hard by brutal prices hikesGlobal coffee traders and roasters have significantly reduced their purchases due to a sharp 70% increase in Arabica coffee prices since No...
07 Mar, 2025, 02.45 PM IST
If India can, why not the US? To win the global money game, America has to playInternational money transfers remain complex and costly, particularly for migrant workers and businesses in lower-income countries. The US ...
12 Feb, 2025, 05.34 PM IST
Brazil's Galipolo sees surge in crypto use, says 90% of flow tied to stablecoinsBrazil's central bank chief Gabriel Galipolo notes a surge in crypto asset usage, driven largely by stablecoins. This trend, primarily for ...
07 Feb, 2025, 01.14 PM IST
Japan's Credit Saison tastes success in India, to expand loan bookCredit Saison India, under the leadership of Presha Paragash, is leveraging India's unique data infrastructure to expand its loan offerings...
14 Jun, 2024, 12.16 AM IST
Brazilian payment company Ebanx set to start India operations with Yes BankEbanx helps nearly 300 brands process payments in multiple countries across Latin America and Africa. It now wants to enter India, which wi...
07 May, 2024, 12.13 PM IST
India’s banks are making $64 billion from a freebieIndia saw over 10 billion cashless transactions in August, with most of them being online and cost-free. However, customers using mobile-ph...
06 Oct, 2023, 11.49 AM IST
UPI driving digital shift in India, but is not a money maker: Mastercard CFOIndia, which has primarily been a cash-based economy, now leads the world in real-time digital payments, accounting for almost 40% of all s...
16 Sep, 2023, 01.32 PM IST
Digital payments will grow to 71.7% of all transactions by 2025: ReportDigital payments will grow at a rapid pace over the next few years and account for a 71.7 per cent share of all the payments in India by 20...
31 Mar, 2021, 03.32 PM IST
WhatsApp gets delayed Brazil nod for paymentsWhatsApp is only allowed to do peer-to-peer payments, not involving merchants. Facebook is still seeking approval to operate with merchants.
31 Mar, 2021, 11.57 AM IST
WhatsApp Pay goes live in India with some ridersWhatsApp Pay’s services will come with curbs in the first phase, multiple sources said, as the UPI infrastructure may not be able to handle...
09 Nov, 2020, 12.25 PM IST
RBI, NPCI mull stricter checks for digital pay amid growing antitrust, data privacy issuesAs reported by ET on October 21, a surge in online payments since the onset of the pandemic is leading to high rates of transaction failure...
26 Oct, 2020, 08.44 AM IST
Brazil suspends WhatsApp's new payments systemThe central bank said in a statement that rolling out the service without previous analysis by the monetary authority could damage the Braz...
25 Jun, 2020, 12.10 AM IST
PayPal to buy Xoom for $890 million in cash to expand portfolioOnline payment firm PayPal will acquire digital money transfer services provider Xoom for about $890 million in an all cash deal.
02 Jul, 2015, 05.23 PM IST
India overtakes US to become social messaging app Viber's largest marketIndia is second largest market for Facebook with over 100 mn users while about 70 mn users in the country use instant messaging app Whatsap...
25 Nov, 2014, 05.08 PM IST
Lessons from Brazil to get rid of povertyIn Brazil, income inequality, measured by Gini coefficient, declined from 0.553 in 2002 to 0.500 in 2011.
26 Mar, 2013, 04.02 AM IST
- There is a need to rework Indo-Iran rupee trade
Though Indian traders may require partial advance payment as security, will Iranians agree until there is well defined process for settleme...
31 Mar, 2012, 03.47 AM IST