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MOBILE WALLET REGULATIONS
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
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...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIn the stock market, everything has to be seen in context. The most noticeable thing these past few days is that there is not much Gulf-rel...
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...
MochaTrade raises funding to offer global access to US perpetual futuresMochaTrade raised pre-seed funding from Y Combinator and Pioneer Fund to build a regulated platform offering perpetual futures on US stocks...
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...
Nandan Nilekani, Pramod Varma eye AI-led global rails for commerce in next leapThe architects of India’s digital public infrastructure (DPI), Nandan Nilekani and Pramod Varma, are now attempting their next leap: buildi...
British regulators look into Big Tech and digital walletsThe Financial Conduct Authority and Payments Systems Regulator is seeking views on the benefits and risks, and will assess the impact digit...
mWallet firms look to RBI for eKYC optionsNasscom wants time till March 2020 and easy access to Aadhaar for wallet companies.
Mobile wallets get 6 months to find a digital KYC routeWith the RBI saying on Monday that the extension could be used for putting in place alternative systems of completing the KYC process, the ...
Most e-wallets may get invalid by FebWallets saw exponential growth in the immediate post demonetisation period, but the growth has slowed over time, with de-growth in the last...
RBI tracks KYC status of users of mobile walletsWhile a full-KYC requires physical verification or a biometric check, minimum-KYC can be done via a mobile handset using a one-time passwor...
Mobile wallet cos get time till Feb 28 to implement KYC norms for usersIn 2016-17 mobile wallets have reported around 1.6 billion transactions worth Rs 53,200 crore.
Mobile wallet companies get time till February 28 to implement KYC norms for usersAs per data released by the central bank, in 2016-17 mobile wallets have reported around 1.6 billion transactions worth ₹53,200 crore which...
eWallets hold breath as RBI looks into KYC deadlineThough PPI issuers and wallet cos are pushing users to link their Aadhaar numbers, cos feel that it’s a Herculean task to complete it within
Experts feel Watal committee's recommendations on digital pay verges on wishful thinkingIndustry feels the Ratan Watal committee, tasked by the government to recommend measures to encourage digital payment in India is extremely...
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.