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TRANSACTION TECHNOLOGY
RBI Deputy Governor Rohit Jain flags speed, concentration and opacity as fintech risks; says technology must serve customersRBI Deputy Governor Rohit Jain warned financial institutions and fintech firms that rapid adoption of emerging technologies brings risks ar...- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
- Fintech founders bet that the bot will become the buyerAgentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s behalf. The National Payments Cor...
- UPI still has 'lot of scope' to grow, rural and offline access key challenges: NPCI CTOUPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...
- Policy must balance innovation with accountability, resilience: RBI Deputy Guv Rohit JainRBI Deputy Governor Rohit Jain emphasized the importance of policy in promoting innovation responsibly. He highlighted the need for clear g...
- Falcon launches MerlinFX AI agents to automate banking transactions in real-timeFalcon has launched MerlinFX, embedding AI agents directly into banking transaction systems. These agents automate tasks like reconciliatio...
- Global Market: Amazon diversifies debt funding with first Sterling bond offeringAmazon has launched its first sterling-denominated bond sale, with four maturities ranging from three to 19 years, as hyperscalers diversif...
- GFF 2026: Axis Bank, J.P. Morgan see banking move from AI that knows customers to AI that actsBanks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking s...
- 'No fraud' enabled through card tokenisation on mobile devices: PhonePe founder Rahul ChariPhonePe's Rahul Chari dismissed card tokenization security concerns, stating no fraud is enabled. The company launched three new payment so...
- GFF 2026: Multipl launches UPI-linked spending account to let users invest money set aside for expensesMultipl has launched a new spending account linked to UPI payments. This innovative account allows users to invest money earmarked for dail...
- GFF 2026: India should build fintech for the world, target $60-80 billion financial services exports, says Commerce Secretary Rajesh AgarwalIndia aims to export digital financial services leveraging its fintech expertise. This expansion moves beyond traditional IT and profession...
- GFF 2026: The next breakthrough in responsible financial AI can be built in Mumbai, says Maharashtra CM FadnavisSpeaking at the Global Fintech Fest 2026, Maharashtra Chef Minister Devendra Fadnavis said that Mumbai could become a testing ground for ne...
- DHR Holdings leases 1.8 lakh sq ft in BengaluruDHR Holding India has leased nearly 1.8 lakh square feet of office space in Bengaluru. The company secured three floors at Sumadhura Capito...
- Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...
- Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax: CBDT memberUpdated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing...
- Tata Motors shares in focus as firm launches tender offer for Iveco Group; values company at €3.82 billionTata Motors has launched a voluntary tender offer to acquire all common shares of Iveco Group for €14.1 per share in cash, valuing the Ital...
- From bank queues to QR codes: Flood-hit Nepal's digital shift in philanthropyNepal's digital payment systems now facilitate swift disaster relief donations. QR codes and mobile banking enable direct person-to-governm...
- Former Tata Technologies CEO McGoldrick sells shares worth Rs 165 crorePatrick McGoldrick, former Tata Technologies CEO, sold shares worth Rs 165 crore. He offloaded 21 lakh shares, reducing his stake to 0.62 p...
- UpGrad completes Unacademy acquisition for over $200 millionThe 100% share-swap transaction values Unacademy more than 90% below its $3.4-billion peak in 2021. ET first reported on May 4 that the acq...
- AI startup Manus resumes independent operations after China blocks Meta’s $2 billion dealManus has now resumed independent operations after the regulatory intervention in the deal. The company informed users about data backups n...
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