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MOBILE WALLET FIRMS
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- These 6 banking stocks have an upside potential of up to 30% in 1 year, according to analystsIt is a question often heard on the street: Which is better, private or PSU banks? To some extent, it is a meaningless question. Both priva...
- Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
- Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
- Public sector banks rush to build up wealth management assetsThe move is aimed at improving customer engagement as household savings shift from bank deposits to market-linked instruments and risk prod...
- Payments bank licence cancellation won’t impact Paytm’s business: BernsteinPaytm has successfully separated its core operations from Paytm Payments Bank following the RBI's license cancellation. The company's payme...
- Peak XV fully exits Mobikwik in Rs 130 crore block dealVenture capital firm Peak XV Partners has fully exited fintech firm One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. Th...
- Amendment no Aadhaar for mobile wallet firmsThe high cost of logistics and setting up manual verification centres has hit mobile wallet firms hard as unlike banks, they don’t have phy...
- Sachin Tendulkar to tie up with mobile wallet firmIndian cricket’s biggest name, Sachin Tendulkar, will endorse a mobile wallet brand. The announcement will be made in Mumbai today.
- Now, insurers roll out wallet apps that enable customers to renew, buy policiesInsurers have started offering wallet apps that enable customers to renew, buy insurance policies through their smartphones without having ...
- Digital payment businesses PayU, Mobikwik, Paytm & others set to boomMobile wallet firm One Mobikwik Systems announced a $25-million funding round, with Cisco Investments and American Express coming in as new...
- Digital India can't be run on laws made in 1942, they need to catch upWhile the RBI may have eased the payment mechanism by a bit after playing firm on retail networks, operators feel it is still not enough.
- Digital wallet services firm MobiKwik raises Rs 155 crore to fund expansion plansMobiKwik said it has raised about Rs 155 crore from a clutch of investors, including Tree Line Asia, Cisco Investments, American Express an...
- Why e-commerce firms are rapidly shifting focus to mobile phones to lure customersRoughly half the online transactions on some of India’s most exciting ecommerce startups are via mobile phones. That proportion can only in...
- Ratan Tata makes another personal investment in digital economy, picks up stake in PaytmPaytm recently raised $200 million from Ant Financial, Alibaba's payments firm, to bolster its mobile shopping platform.
- PayPal to acquire mobile wallet PaydiantPaydiant provides backend support to a host of companies, including fast food chain Subway, Barclay Card and financial services provider Ca...
- Change in RBI norms may leave mobile wallet firms irrelevantWith the help of mobile wallet, a customer can preload money and use it to pay for services without undergoing the two-way authentication p...
- Lack of awareness, bank deposit fee hinder mWallet India growthEven with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer ...
- Mobile wallet firms grow service bouquet for a bigger market shareThese companies, which offer a range of solutions for mobile users, are sprucing up their offerings.
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