Indias digital lending rules spark disruption firms plan pushback

Indias digital lending rules spark disruption firms plan pushback

India’s stricter digital lending rules have disrupted card services of foreign-backed fintech firms and jeopardised loan offerings of Amazon, prompting companies to chart a lobbying pushback, according to industry sources and a document seen by Reuters. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes at the intersection of technology, business […]

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Mufin Finance plans to roll out prepaid wallets, cards

Mufin Finance plans to roll out prepaid wallets, cards

Mufin Finance Ltd. would offer semi-closed prepaid payment instruments (PPI) to customers in India Mufin Finance Ltd. would offer semi-closed prepaid payment instruments (PPI) to customers in India Mufin Finance Ltd., a subsidiary of Hindon Mercantile Ltd., said it would offer semi-closed prepaid payment instruments (PPI) to customers in India. The Reserve Bank of India […]

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