The Reserve Bank of India (RBI) has rolled out its Digital Payments Intelligence Platform (DPIP) — an AI-driven system designed to detect and prevent payment frauds in real time. Developed by the RBI’s...
The Reserve Bank of India (RBI) has rolled out its Digital Payments Intelligence Platform (DPIP) — an AI-driven system designed to detect and prevent payment frauds in real time. Developed by the RBI’s...
Citigroup has shifted nearly 1,000 technology jobs from China to its Indian Global Capability Centres (GCCs) as part of a global restructuring effort. The move follows a 3,500-job cut in China’s tech workforce...
Global Capability Centres (GCCs) in India are increasingly becoming launchpads for global leaders. Over the past two years, more than 10 executives from India’s GCCs have moved into CXO roles abroad at parent...
Non-bank lenders are rapidly expanding their hold on India’s ₹15 lakh crore personal loan market, even as banks tread cautiously. Data from CRIF and Nomura shows NBFCs’ share in new loan originations rose...
Credit card issuances in India climbed to a seven-month high in August 2025, with nearly 700,000 new cards distributed. The total active cards now stand at 112.3 million, as banks like HDFC, Axis,...
The Reserve Bank of India (RBI) has issued new guidelines mandating two-factor authentication (2FA) for all domestic digital payments from April 1, 2026. The framework allows banks and fintechs to adopt innovative verification...
India’s Banking-as-a-Service (BaaS) market is projected to grow from ₹84.8 billion in 2022 to ₹153.8 billion by 2030, at a CAGR of 6%. The surge will be driven by neobanks, embedded finance, and...
The National Payments Corporation of India (NPCI) is preparing to introduce EMI payment options on UPI, allowing users to split QR code payments into instalments. This next wave of innovation follows RuPay credit...
India’s festive shopping season is sparking a battle between quick commerce (q-comm) and traditional ecommerce giants. Platforms like Swiggy Instamart, Blinkit, and Zepto are pushing beyond groceries into electronics and gifts, while Amazon...
The Dine with AlphaSec 2025 summit in Mumbai emerged as a landmark event for cybersecurity, drawing leaders from finance, technology, and legal sectors. Backed by global partners such as Thales Group, iValue, Microsoft,...
Fullerton Financial Holdings (FFH) has reentered the Indian market with a ₹2,000 crore investment in Lendingkart Finance, marking a significant vote of confidence in India’s fast-growing digital lending ecosystem. The deal signals the...
With cyberattacks on financial institutions rising sharply, fintechs and NBFCs are increasingly turning to cyber insurance as a safeguard against operational disruptions, data breaches, and regulatory penalties. Experts note that the surge in...
India’s UPI spending on gaming has dropped by 26% following the government’s ban on real-money gaming apps. The decision, aimed at addressing concerns around consumer protection and addiction, has had a sharp impact...
A new study has revealed a clear correlation between fintech adoption and stronger credit ratings for financial institutions. Banks, NBFCs, and cooperative lenders that integrate digital tools, AI-driven risk models, and data analytics...
Fintechs and lenders are projecting a sharp surge in consumer demand this festive season, driven by the government’s recent GST rate cuts on food, textiles, and daily-use items. By reducing tax burdens, the...
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