India news and trends

Google Aims to Move Faster to Meet ‘Systemic’ Challenges
Google // April 23, 2024

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand payments products, told employees this during an all-hands meeting in March, CNBC reported Tuesday (April...

Sheeva.AI Powers In-Vehicle Payments for Citroën in India
Connected Economy // April 16, 2024

Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën vehicles in India. The solution powered by the company’s SheevaConnect product suite is available in Citroën C3 Aircross SUV AT vehicles that are in showrooms across the country, the company said in a Tuesday (April 16)...

BlackRock and Jio Team to Offer Wealth Management in India
Partnerships // April 15, 2024

India’s Jio Financial Services has launched a joint venture with BlackRock. The collaboration will establish a wealth management and brokering business in India, and comes less than a year after the two companies began an asset management venture, Reuters reported Monday (April 15). Jio, part of the...

New Data Shows Real-Time Payments Continue Rapid Global Advance
News // April 05, 2024

Real-time payments continue to gain global momentum in 2024. Two new national players joined the scene in March, and others are introducing significant advancements to their services. Real-Time Payments in Qatar Leading digital financial institution (FI) Qatar Islamic Bank (QIB) recently introduced the Fawran instant...

Interviews & Exclusives
Real-Time Payments Put Spotlight on Small Businesses as New Year Begins

January 09, 2024
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse approaches to developing, deploying and refining their instant payment systems to meet consumer needs. Some nations, led by central banks and government regulators, have established government-driven instant transaction protocols. Others […]

Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...

December 04, 2023
India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of the instant Unified Payments Interface...

India Writes the Playbook for Mobile Payments Innovation

August 18, 2023
Payments innovation and digital-first shopping in India is a success story 15 years in the making. Its success can serve as a global playbook for creating an inclusive payments, commerce...

Real-Time Payments in India, Indonesia Expected to See Largest Growth

April 04, 2023
  Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or...

Quick Reads
PayU Receives RBI Authorization to Operate as Payments Aggregator

April 23, 2024
PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. With this approval, the digital financial services provider can start onboarding new merchants to its platform, PayU said in a Tuesday (April 23) press release emailed to PYMNTS.  “This license is pivotal in our mission to establish a globally […]

Google Aims to Move Faster to Meet ‘Systemic’ Challenges

April 23, 2024
Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand...

Sheeva.AI Powers In-Vehicle Payments for Citroën in India

April 16, 2024
Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën vehicles in India. The solution powered by the company’s SheevaConnect product suite is available in Citroën C3 Aircross SUV AT vehicles...

BlackRock and Jio Team to Offer Wealth Management in India

April 15, 2024
India’s Jio Financial Services has launched a joint venture with BlackRock. The collaboration will establish a wealth management and brokering business in India, and comes less than a year after the two...