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NETBANKING INTEROPERABILITY
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- Masayoshi Son’s vision for India; Stellaris’ $300-million fundHappy Thursday! SoftBank's Masayoshi Son outlined plans to make India a global chip hub, during his India visit. This and more in today’s E...
- Interoperability in net banking payments soonThe National Payments Corporation of India (NPCI) is in the process of integration with five to six banks for the launch of interoperabilit...
- New credit card rules: HDFC Bank, Axis Bank, other banks customers cannot make credit card bill payments using PhonePe, PaytmCredit card bill payment rules: As of July 1, customers with credit cards from major banks like HDFC Bank and Axis Bank will no longer be a...
- Regulatory scrutiny may queer the pitch for insurtech; and other top startup & tech stories this weekMultiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups,...
- How interoperability oiled the wheels of mobile paymentsRBI's netbanking interoperability aids fintech growth. Amit Kapoor recommends infrastructure interoperability. Rohan Lakhaiyar highlights c...
- Ecommerce growth slows; Ola Electric raises debtThe decline was indicative of softer demand as order volumes shrunk, even as the uptake of expensive items helped keep up overall sales. Ho...
- Standing instructions to banks go onlineSeven banks have gone live on the NPCI’s platform, allowing customers to provide e-mandate through net banking,
- Paytm looks to be largest digital bank in the world, says 10 mln customers ready to bankThe CEO and the MD of Paytm Payments Bank talks about making it the largest digital bank in the world.
- Is mobile wallet and payment industry headed towards consolidation?Taking into account the massive opportunity, the e-wallet industry in India is set to acquire share of more than $ 6.6 billion by 2020.
- Paynimo ties up with Aasai Hyundai for digital paymentsWith Paynimo, customers will be empowered to make payments from offline to online, wherein Aasai Hyundai customers will receive a payment l...
- Techprocess ties up with NumberMall for cashless payments in rural kirana storesPaynimo is inter-operable with more than 185 payment modes, including credit and debit cards, net-banking, e-wallets and the likes.
- TechProcess ties up with Muthoot FinanceMuthoot customers can now repay EMIs digitally.
- Tata Sky partners TechProcess for new digital payments platformThis platform will allow the DTH operator to offer multi-mode online and mobile payments options to its subscribers to make digital payment...
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