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PAYMENT BANKS
New trade rules raise compliance worries for banks over cross-border paymentsAs of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the valid...- Canada benefit payments in September 2026: Who is getting money, when the payments arrive and why some Canadians will have to wait until OctoberCRA payments September 2026: Several government benefit payments are set to reach eligible Canadians in September 2026, but the money won't...
- SpiceJet seeks extension of time to deposit ₹50 crore in KAL Airways dispute; Delhi HC declines to interfere at this stageThe Delhi High Court declined to issue an interim order regarding SpiceJet's delayed payment. SpiceJet sought more time to deposit the firs...
- NIPL and Uzbekistan's HUMO sign agreement enabling Indian travelers' seamless transactionsNPCI International Payments Ltd. and Uzbekistan's HUMO have signed a commercial agreement. Indian travellers can now use UPI-enabled apps t...
- No smartphone, no internet, no problem: PhonePe launches UPI 123Pay to let 200 million+ feature phone users make digital payments; here’s how it worksPhonePe has unveiled UPI 123Pay, a new service for feature phone users that enables seamless transactions without an internet connection. T...
- PhonePe launches UPI payments for feature phones on 123PayPhonePe has launched a UPI app for feature phones, allowing users to make payments without mobile data. The SMS-based PhonePe UPI 123Pay co...
- UPI’s market share expands more at debit, credit cards’ expenseUPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...
- Social Security to increase? Who is eligible to get $200 extra payment in Social Security benefits next month and when will it be paid?Social Security benefits: A proposed $200 Social Security increase is gaining attention as millions of Americans look for ways to cope with...
- India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
- HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
- Vodafone Idea plans to repay ₹49,000 crore spectrum dues in 3 yearsVodafone Idea plans to pay nearly ₹49,000 crore in spectrum dues over the next three years, with payments of about ₹7,000 crore in FY27, ₹1...
- Jio Financial to launch AI-powered ‘personal CFO’, membership programmeJio Financial Services will launch an AI personal CFO and membership program with an aim to acquire customers cost-effectively through its ...
- Federal Bank falls 3% on report of Jana Small Finance Bank stake acquisitionFederal Bank shares fell nearly 3% after reports that the lender may acquire a controlling stake in Jana Small Finance Bank. The deal could...
- UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
- UPI completes 10 years: PM Modi calls it a major turning point for India’s digital paymentsPrime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...
- Fino Payments Bank board extends tenure of interim CEO by another three monthsFino Payments Bank's board approved an interim CEO tenure extension. Ketan Merchant's role as interim MD and CEO will continue. This extens...
- UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
- ET World Leaders Forum 2026: AI will reshape payments, but trust will be the real battlegroundAI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and tra...
- Ebix and NSDL Payments Bank cross one crore registrations Under MSRTC NCMC Programmes.Over one crore NCMC RuPay smartcards were registered in five months. These cards now serve MSRTC concessional passengers across Maharashtra...
- Airtel Payments Bank names Shabnam Sinha as chairperson, succeeding Sunil MittalShabnam Sinha will become Airtel Payments Bank chairperson from October 1, 2026. She succeeds Sunil Bharti Mittal, who steps down after ser...
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