Fintech

"Discussions are on about addressing the regulatory concerns and compliance issues with both the RBI and the ministry," one of the sources told Reuters

India News Technology

Paytm Update: CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid RBI curb

Amid RBI's curb on Paytm Payments Bank Ltd (PPBL), Founder & CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman.

Riyaz Idrisi
7 February 2024

Paytm is said to be in talks with Jio Financial since last November, but initiated talks with HDFC Bank right after RBI's ban on Paytm Payments Bank.

India News Technology

Paytm Update: Stocks jump 5 percent, Reliance Jio to acquire Paytm Wallet

Paytm witnessed a 42 percent fall in its stocks after RBI's curb. Today, Paytm shares were trading at a 5 percent increase. Jio is rumored to acquire Paytm wallet.

Riyaz Idrisi
6 February 2024

SoftPOS enables smartphones or tablets with NFC capabilities to function as contactless payment terminals.

MENA News Technology

PayTabs Group partners with Nearpay to offer users an elevated Soft POS payment experience

PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced it had partnered with Nearpay.

Editorial Staff
6 February 2024

The RBI's decision comes after a thorough examination of a system audit report and a compliance validation report conducted by external auditors. The reports highlighted PPBL's persistent non-compliance with regulations.

India News Technology

‘Paytm Nahi Karo’ – RBI imposes major restrictions on Paytm Payments Bank

RBI today announced that with effect from February 29, 2024, Paytm Payments Bank won't be allowed to accept deposits or top-ups in customer accounts.

Editorial Staff
31 January 2024

Bahrain FinTech Bay (BFB), a fintech ecosystem builder, and The Family Office, a leading wealth management company in the GCC, are delighted to announce a strategic partnership that aims to at revolutionize the landscape of wealth management in the region.

MENA News

Bahrain FinTech Bay and The Family Office Announce Strategic Partnership to Drive Innovation in Digital Wealth Management Solutions

BFB will leverage its extensive expertise in digital innovation to collaborate closely with The Family Office to enhance its existing digital products.

Editorial Staff
16 September 2023

The Fintech industry is fast evolving, bringing with it a growing number of innovations that have shaped the landscape of financial service systems globally.

Resources Technology

Digital Identity Verification in FinTech – Innovations in User Authentication

Digital Identity verification, also popularly known as digital ID verification, is a process of authenticating any identity without any face-to-face interaction.

Asiya Nayab
13 September 2023

Everything involving money is often considered tricky, especially when discussing business transactions.

India Resources

Simplify your business transactions with 4 top payment gateway providers in India

It is necessary to deploy a reliable payment gateway. Top payment gateway providers in India that you can rely upon for all your business transactions.