Paytm’s stock hit a two-year low Thursday (Dec. 7) after it changed its small-ticket loan policy and brokers downgraded its stock. The Indian FinTech had announced earlier...
India’s central bank, the Reserve Bank of India (RBI), has fined Paytm Payments Bank for non-compliance, including Know Your Customer (KYC) regulations, according to an...
India is preparing to add a voice-enabled feature to its Universal Payments Interface (UPI) system. But are the country’s bankers speaking the same language? A report Monday (Sept. 11)...
Hitachi Payment Services has debuted what it calls a first-of-its-kind cardless ATM in India. Announced Tuesday (Sept. 5), the company’s new offering is being rolled out in...
India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while...
The founder of Indian eCommerce and payments firm Paytm is now reportedly also its largest shareholder. Paytm Chairman Vijay Shekhar Sharma is set to purchase a 10.3% stake worth...
MoneyGram has received the final regulatory approval needed for its sale to Madison Dearborn Partners. Having received approval from the Reserve Bank of India, the...
MoneyGram has pushed back the expected date of its planned sale. The firm and the intended buyer, venture capital firm Madison Dearborn Partners (MDP), now...
India’s digital transformation of financial services continues — and now pre-approved credit lines are linked to the United Payments Interface (UPI). In an announcement Thursday (April...