Following the proposal of a payments regulator to be established independent of the Reserve Bank of India (RBI), the central bank has put forward a...
Flywire, a company that solves payment problems for businesses and institutions, announced Tuesday (Oct. 16) that it has launched a simpler way for students in India...
WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to store payment data...
The Reserve Bank of India (RBI) has reportedly sent letters to several heads of top banks in the country questioning why they have yet to...
Japanese eCommerce company Rakuten is planning to acquire the cryptocurrency exchange service called everybody’s bitcoin Inc., according to an announcement. The deal could happen through a...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Visa’s offering of payWave in India as the country...
The Ministry of Finance in India is proposing that the government relax a directive that would require global payment firms to store the data of...
India’s Punjab National Bank (PNB) is conducting an internal investigation into an alleged $2 billion fraud, vowing to come down on anyone involved in the...
The Reserve Bank of India has banned regulated financial institutions in the country from dealing with cryptocurrencies, CNBC reported. “In view of the associated risks, it...