india

India (official name: the Republic of India; Hindi: Bhārat Gaṇarājya) is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

(source: en.wikipedia.org)

India Cracks Down on ‘Sketchy’ FinTech KYC Rules
India Cracks Down on ‘Sketchy’ FinTech KYC Rules
February 22, 2024  |  Regulation

India’s banking regulator has made some high-profile enforcement moves in recent weeks. Last month, the Reserve Bank of India (RBI) ordered Paytm Payments Bank to...

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Amazon Plans Launch of Indian eCommerce Platform Bazaar
Amazon Plans Launch of Indian eCommerce Platform Bazaar
February 21, 2024  |  Amazon

Amazon is working on a new eCommerce site to reach Indian shoppers, dubbing it a “special store.” The eCommerce giant said it would not levy...

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PhonePe Launches App Store Localized for India, Allowing Third-Party Payments
PhonePe Launches App Store Localized for India, Allowing Third-Party Payments
February 21, 2024  |  Mobile Applications

PhonePe has launched an Android app store that offers app discovery in 12 Indian languages that cater to 95% of the country’s population. This new...

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Walmart Growth Summit Wraps in India, Heads to Mexico, Chile
Walmart Growth Summit Wraps in India, Heads to Mexico, Chile
February 16, 2024  |  Walmart

Walmart concluded its inaugural Walmart Growth Summit in India, an event designed to strengthen its partnerships and support India’s economic growth. The event saw the...

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Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation
Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation
February 14, 2024  |  Credit Cards

Visa and Mastercard have reportedly paused intermediated commercial card payments in India following an order by the country’s financial market regulator. The Reserve Bank of India...

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Report: Paytm Verges on Regulatory Victory Amid Larger Troubles
Report: Paytm Verges on Regulatory Victory Amid Larger Troubles
February 11, 2024  |  Regulation

Paytm is reportedly set for a small regulatory win while facing bigger government headaches. The government of the FinTech’s home country of India is on the...

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Indian Parliamentary Panel Says Domestic FinTechs Need Support
Indian Parliamentary Panel Says Domestic FinTechs Need Support
February 09, 2024  |  Digital Payments

An Indian parliamentary panel has reportedly highlighted a need to support the growth of domestic FinTech players in India’s digital payments market. The panel pointed...

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Nium Looks to Expand in India With Payment Licenses
Nium Looks to Expand in India With Payment Licenses
February 05, 2024  |  Bank Regulation

Nium has received new payments licenses in India as it looks to expand in that country. The Singapore-based real-time payments FinTech announced Monday (Feb. 5) that...

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Report: Paytm Denies Claims of Foreign Exchange Rule Violations
Report: Paytm Denies Claims of Foreign Exchange Rule Violations
February 05, 2024  |  Regulation

Paytm, one of India’s leading digital payments firms, is reportedly under investigation by India’s financial crime-fighting agency for potential violations of foreign exchange rules. The...

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