The Reserve Bank of India (RBI), in a move to protect the interests of consumers, has passed a regulation that says the allowable exposure of...
Google sent a letter to the Federal Reserve, asking the U.S. central bank to consider modeling FedNow after the Unified Payments Interface (UPI) framework used in...
The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit...
A recent police complaint alleges that the Punjab and Maharashtra Co-operative Bank (PMC) made up 21,000 fake accounts to hide loans, according to a report...
The Reserve Bank of India (RBI) has clarified a data storage rule for companies like Mastercard and Visa, which mandates foreign companies to store payment...
The Reserve Bank of India (RBI) has fined Yes Bank Rs 11.25 lakh under the Payment and Settlement Systems Act of 2007, according to reports. “(The)...
India’s alternative finance community is calling on the Reserve Bank of India (RBI) to relax regulations on the market, particularly as they pertain to lending...
Federal Bank in India has partnered with blockchain payments company Ripple to facilitate cross-border payments, according to reports. Federal Bank confirmed the collaboration in an...
The Reserve Bank of India (RBI) made a move on Thursday (March 7) to relax the rules for white-label ATM operators, enabling them to purchase wholesale...