UPI-PayNow linked to ease payments with Singapore

[ad_1] 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 […]

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Nirmala Sitharaman nudges fintech players to have more engagement with government

[ad_1] 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 […]

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Fintech market in Asia-Pacific may slow down: KPMG study

[ad_1] The 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 […]

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Jio Haptik expects 10-fold revenue growth to $100 mn by 2026

[ad_1] 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 […]

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Finance Ministry asks banks to explore fintech partnership, co-lending opportunities

[ad_1] The 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 […]

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