Prime Minister Narendra Modi and his Singapore counterpart Lee Hsien Loong witness the launch of cross-border connectivity between the UPI of India and PayNow of Singapore via video conferencing. | Photo Credit: ANI India’s Unified Payments Interface — better known as UPI — and Singapore’s PayNow were officially connected on Tuesday, allow for a “real-time payment linkage”. […]
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Nirmala Sitharaman said everyone in the government, whether the Prime Minister, Ministers or think-tank Niti Aayog, is constantly available for engagement, discussions, and exchange of ideas Nirmala Sitharaman said everyone in the government, whether the Prime Minister, Ministers or think-tank Niti Aayog, is constantly available for engagement, discussions, and exchange of ideas Finance Minister Nirmala […]
Continue ReadingThe Asia-Pacific region, which includes India, could see a considerable slowing down in fintech activities, compared with the record-high growth seen in 2021, due to rising inflation, increasing interest rates and continuing geopolitical uncertainty, said KPMG on Wednesday. The Asia-Pacific region received fintech investments to the tune of $41.8 billion in 607 deals in the […]
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Jio Haptik is seeing an uptake in business in the e-commerce segment, new age companies like Fintech and other start-ups. Jio Haptik is seeing an uptake in business in the e-commerce segment, new age companies like Fintech and other start-ups. AI conversational platform Jio Haptik expects a minimum 10-fold growth in its revenue to about […]
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This virtual payment interface is an Indian technological success story, one which enables us to move around with an empty pocket barring a smartphone This virtual payment interface is an Indian technological success story, one which enables us to move around with an empty pocket barring a smartphone If you own a smartphone, you have […]
Continue ReadingThe sources said banks were asked to expedite non-performing assets (NPAs) resolution and focus on the recovery of bad loans The sources said banks were asked to expedite non-performing assets (NPAs) resolution and focus on the recovery of bad loans The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities […]
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