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INTEROPERABILITY BETWEEN CURRENCIES
GoodPass wants to be the transaction layer of AI-powered travelThe experiences market is a $250-billion global opportunity projected to grow faster than flights or hotels. Yet the segment has remained u...
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...
India and the new economics of constraintIndia is attempting to rise in a world shaped increasingly by AI, fractured supply chains, geopolitical rivalry, slowing globalisation, and...
India’s BRICS presidency: Beyond trade and investment narrativesIndia's upcoming BRICS presidency in 2026 presents a key chance to foster global stability. Discussions highlight the need for practical co...
UPI in Sri Lanka: NPCI International expands payments for Indian touristsIndian tourists can now use UPI for payments in Sri Lanka. This initiative by NPCI International Payments Limited enhances cross-border tra...
RBI proposes linking BRICS' digital currencies, sources sayIndia's central bank has proposed linking BRICS nations' digital currencies to facilitate cross-border trade and tourism payments, potentia...
India's central bank proposes linking BRICS' digital currenciesIndia will host the summit, which will be held later this year. If the recommendation is accepted, a proposal to link the digital currencie...
RTGS soon in dollar, euro and pound: RBIAn expanded RTGS using major trade currencies would accelerate access to cheaper cross-border payments and remittances. The RBI has often s...
Fintech startup Partior raises $60 million in funding round led by Peak XV PartnersPartior, supported by DBS, JP Morgan, Standard Chartered, and Temasek, secured $60 million from Peak XV, Jump Trading, and Valar Capital. T...
The future of crypto: Top trends for 2024The year 2023 saw a significant surge in mainstream acceptance of cryptocurrencies. Major financial institutions embraced digital assets, l...
SBI's digital rupee now linked to UPI"The seamless integration of CBDC with UPI marks a significant leap for the bank, enhancing the acceptance and utilization of digital curre...
Digital Rupee: SBI allows interoperability of UPI and Central Bank Digital Currency (CBDC)With the use of this innovative innovation, customers of the SBI CBDC will be able to quickly scan any retailer's UPI QR code for quick and...
Canara Bank launches UPI Interoperable Digital Rupee mobile appCustomers will be able to scan merchant UPI QR codes using the app and make the payment through digital currency.
IMF working on global central bank digital currency platform"CBDCs should not be fragmented national propositions... To have more efficient and fairer transactions we need systems that connect countr...
RBI, UAE central bank sign pact to enhance cooperationAccording to the statement, the CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of the bilateral CBDC bridge to faci...
RBI in final stages of retail CBDC pilot rolloutOfficials indicated that the platform for CBDC is being hosted by the National Payments Corporation of India and will be similar to the cur...
Will CBDCs help ease cross-border payments?At a basic technical level, interoperability between separate CBDC systems may be possible through adherence to commonly agreed internation...
China proposes global rules for central bank digital currenciesThe PBOC is aiming to become the first major central bank to issue a CBDC, part of its push to internationalise the yuan and reduce depende...
You can soon deposit cash at any ATMNPCI is pushing top banks to make cash deposit too an interoperable feature at their ATMs and branches.
Raghuram Rajan bats for technology push for financial inclusionRBI governor wants a strong push for India's IT and communication industry to get more involved in providing solutions for financial inclus...