India
Google Pay and NPCI Join Forces to Expand UPI for Indian Travelers Abroad
Google India Digital Services and NPCI International Payments (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), aim to provide Indian consumers with more flexibility in making digital payments overseas. This collaboration, formalised through a Memorandum of Understanding
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Major Crypto Exchanges Vanish from Google Play Store in India
Following the footsteps of Apple Inc. earlier last week, Google has removed several prominent crypto exchanges from its Play Store in India, according to a TechCrunch report. Among the affected crypto firms are Binance, OKX, Kraken, Huobi, Gate.io, Bittrex, and
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Paytm to Invest 100 Crore in GIFT City, Aims to Set Up New Development Center
Indian payment firm Paytm‘s parent company One97 Communications Limited (OCL) announced that it will invest Rs 100 crore (US$ 12 million) in Gujarat International Finance Tec-City (GIFT City). The investment, which will be made over a certain period, is still
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Apple Removes Several Offshore Crypto Exchanges From India App Store
Apple Inc. has removed several major offshore crypto exchanges namely Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex from its App Store in India. According to CoinDesk, this action follows closely on the heels of compliance notices
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Vijayant Rai Takes Charge as Data Cloud Firm Snowflake’s New India MD
Data cloud company Snowflake has named Vijayant Rai as its new Managing Director for its operations in India, according to Times of India. Rai’s predecessor, Vimal Venkatram, has transitioned to a regional role within Snowflake and is now based in
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Top 50 Indian Digital Finance Influencers 2024
The Indian fintech landscape is undergoing rapid evolution, witnessing a dynamic shift as traditional financial institutions embrace digital transformation at an accelerated pace. The market reflects a harmonious blend of collaboration and competition between conventional financial entities and emerging tech
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Former TerraPay Exec Ritesh Pai to Lead PhonePe’s International Payments
Indian digital payments company PhonePe has announced the appointment of Ritesh Pai as the new CEO of its International Payments division. In his previous role at TerraPay, Pai served as President of Products and Solutions, where he played a key
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RBI to Raise UPI Limit and Introduce New Fintech Repository for India
The Reserve Bank of India (RBI) has announced a series of updates, including an increase in the transaction limit for the Unified Payments Interface (UPI), particularly for payments related to medical and educational services. The limit has been proposed to
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RBI Discusses CBDCs for Cross-Border Payments with HKMA, US Fed, and SWIFT
The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA), the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments. This
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BriskPe Taps Currencycloud to Boost Payment Options for Indian MSMEs
Mumbai-based fintech company BriskPe has tied up with Currencycloud, a provider of B2B embedded cross-border solutions, to expand its customers’ payment options. This partnership is set to facilitate international business opportunities for India’s micro, small, and medium-sized enterprises (MSMEs), offering
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