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Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Swiss banks to test possible uses for Swiss franc stablecoinSix Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 to test a Swiss franc-pegged stabl...
European banks to launch euro stablecoin in bid to counter US dominanceNine European banks, including ING and UniCredit, are creating a company to launch a euro-backed stablecoin, challenging U.S. dominance in ...
European banks form company to launch euro stablecoinA group of nine European banks, including ING and UniCredit, is creating a new company to launch a euro-backed stablecoin, highlighting tra...
French fintech Qonto seeks banking license as it targets two million clients by 2030Digital payments continue to gain ground in Europe, although at a slower pace than previously. A European Central Bank study published in D...
One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.
India's digital lending rules spark disruption, firms plan pushbackIndia's digital lending market has grown quickly and facilitated $2.2 billion in digital loans in 2021-22, with startups attracting foreign...
India's digital lending rules spark disruption, firms plan pushbackIndia's digital lending market has grown quickly and facilitated $2.2 billion in digital loans in 2021-22, with startups attracting foreign...
Fintech startup Uni temporarily stops servicing existing card usersThis comes after the company had stopped issuing new cards in June, after Reserve Bank of India’s (RBI’s) communication to industry stakeho...
SBM Bank delivers a blow to card-fintechs barring onboarding of new usersFintech unicorn Slice has hit pause on new card issuance but acquiring users via UPI and other products.
Important to understand RBI objective, we remain well capitalised: Slice CEO BajajBajaj's note comes after a circular from the Reserve Bank of India (RBI) last month sent the fintech industry into a tizzy.
Bank-led PPI issuers onboarding only full KYC users post RBI rapIn the absence of clarity on the applicability of these rules announced earlier this month, fintechs are engaging with partner banks and no...
Fintechs to ping government, RBI on central bank noteThe industry groupings are likely to also highlight the quantum of global capital that’s been invested in the space and how such disruption...
UniCredit considers quitting Russia, Credit Suisse outlines Russian wealth clientsA growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business th...
Should You Buy Uniswap? Uniswap Price Prediction 2022
Europe's banks fear payment system could be casualty of Russia-Ukraine crisisWhat the region's banks now fear most is that Russia gets banned from a widely used payment system, bankers told Reuters, with one describi...
PayU's LazyPay launches credit product 'LazyCard' amid growing competition in BNPL spacePayU’s ‘buy now pay later’ (BNPL) solution, LazyPay has partnered with SBM Bank India for the prepaid instrument, as the company looks to u...
SBI union, others urge RBI to drop digital payments planInvolvement of big multi-national companies raises fears of abuse of user data and India's digital payment networks should continue to oper...
SBI Union and others ask RBI not to permit payment platform by corporatesA coalition of labour unions and NGOs led by UNI Global Union, All India State Bank of India Staff Federation (AISBISF), IT for Change and ...
European banks plan 'home grown' rival to Visa and Mastercard by 2025European Union and European Central Bank policymakers have long wanted a "home grown" payments scheme which they could regulate directly an...