RBI

RBI Blocks Paytm Bank From Accepting New Customers
RBI Blocks Paytm Bank From Accepting New Customers
March 11, 2022  |  Digital Banking

India’s central bank has blocked Paytm Payments Bank from welcoming new customers pending an audit of its IT systems, according to a press release Friday...

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RBI Urges Caution Over Indian Carpool App sRide
RBI Urges Caution Over Indian Carpool App sRide
February 22, 2022  |  Ridesharing

India’s central bank says the country’s largest carpooling and bike pooling app is operating an unauthorized prepaid wallet. The Reserve Bank of India (RBI) issued...

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Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
December 29, 2021  |  CBDC

If you look deeper at the news of India’s central bank accepting a “basic” digital rupee as “a safe, robust, and convenient alternative to physical...

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Around the World, Restaurants Leverage On-Premises Payment Digitization to Improve CX
Around the World, Restaurants Leverage On-Premises Payment Digitization to Improve CX
December 27, 2021  |  ResTech

Across continents, major restaurant brands and small independents alike are increasingly leveraging digital technologies to improve the in-restaurant payment experience, driving customer retention by improving...

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Today in Restaurant and Grocery Tech: TikTok to Open Ghost Kitchens; RBI Expands Digital Efforts
Today in Restaurant and Grocery Tech: TikTok to Open Ghost Kitchens; RBI Expands Digital Efforts
December 20, 2021  |  ResTech

Today in restaurant and grocery tech news, TikTok teams up with Virtual Dining Concepts to open 1,000 virtual kitchens in the next year, and Burger...

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Restaurant Brands International Inc. Teams with Ant Group to Expedite Digital Shift Across Asia Pacific 
Restaurant Brands International Inc. Teams with Ant Group to Expedite Digital Shift Across Asia Pacific 
December 20, 2021  |  Partnerships

Quick service restaurant company Restaurant Brands International Inc. (RBI), has joined forces with Ant Group to undertake a digital transformation in 1,500 restaurants across eight...

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India Central Bank Eyes Digital Currency Trial Run in 2022
India Central Bank Eyes Digital Currency Trial Run in 2022
November 18, 2021  |  CBDC

The Central Bank of India could pilot a digital currency early in 2022, a change from when the central bank governor thought a soft launch...

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Reserve Bank of India Fines Paytm, Western Union for Regulations Violations
Reserve Bank of India Fines Paytm, Western Union for Regulations Violations
October 20, 2021  |  Regulation

The Reserve Bank of India (RBI) has announced a monetary penalty of Rs 1 crore (about $133,670) on Paytm Payments Bank for the charge of...

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RBI-Backed Home Chef Marketplace WoodSpoon Brings Personal Connections To On-Demand Delivery
RBI-Backed Home Chef Marketplace WoodSpoon Brings Personal Connections To On-Demand Delivery
August 18, 2021  |  Restaurant innovation

In today’s connected economy, the ways we get our food needs met are running together, with restaurants offering packaged foods, grocery stores selling prepared foods...

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