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RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
From increased premium payments to getting seven midnight calls, users vent on social media against RBI’s new auto-debit rules
A user complains that he will have to re-authenticate all the recurring payments. Another…
If you’re paying electricity, water, LPG bills via auto-debit, RBI’s new norms affect you
Reserve Bank of India’s (RBI) new norms for auto-debit transactions will come into effect from toda…
New guidelines on recurring payments may send SaaS companies out of India, say experts
Before getting into this, it is important to understand what the guidelines really say. The Rese…
Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate
Your automatic recurring payments may not go through starting today. This is because banks aren’t r…
From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1
Starting October, users will need to re-authenticate their net banking/card/unified payments in…
Here’s why Apple has stopped accepting payments from debit and credit cards issued by Indian banks
In an email to users, Apple said, “Due to the RBI regulations, Apple Search Ads will soon no lon…
Indian banks get a six-month breather to comply with RBI's new framework for auto-debit payments
The Reserve Bank of India (RBI) has extended the deadline for banks in India to comply with its new…
Grace periods and wallet payments — Apple and Zoom are reaching out to their customers ahead of the new rules for auto debit for online payments
While the details are still scarce on how different sectors that operate in auto-debit transacti…
A major student-loan company is transitioning millions of borrowers' accounts to a new platform — and it could mean up to 30-day delays posting payments
Student-loan company MOHELA said it will be notifying borrowers in the coming months that their acc…
Ayelet Sheffey
From teaching Indians to scan and pay to now a Soundbox that fits in your pocket — how Paytm rules in-store payments
India is rapidly becoming a digital economy, much ahead of many developed countries. The widespread…
A boomer on short-term disability isn't required to make student-loan payments right now. Her servicer took out $200 from her bank anyway.
Amy, 59, knew her student loans should not be in active repayment while pursuing her teaching certi…
Ayelet Sheffey
These 44 pitch decks helped fintechs disrupting trading, investing, and banking raise millions in funding
Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other…
Shannen Balogh,Anita Ramaswam…
Three credit card mistakes to avoid to maintain good CIBIL scores, and avoid too much interest
While a credit card has its advantages, it also has demerits that users choose to ignore or ar…
Digital rights advocacy group IFF notices 70% drop in donors as banks unable to keep up with RBI’s recurring payments regulation
Apar Gupta, executive director of IFF, told Business Insider, “A lot of our sign-ups were throug…
You can get a refund on any student-loan payments made during the pandemic pause
Student-loan borrowers who tried to get ahead of payments during the pause might have gotten their …
Ayelet Sheffey
How to change your Apple Pay billing or shipping address through your digital Wallet
You can change your Apple Pay billing address and shipping address in the "Wallet & Apple Pay" menu…
Meira Gebel
How the 4 companies behind every single credit card swipe prevent outages and thwart hackers from getting your data
In February, a small internet blip at Fiserv meant major merchants couldn't accept card payments. W…
Natasha Dailey
Credit-card fraud surges 35% as coronavirus freezes the economy and wipes out jobs
The surge in such charges arrives as consumer spending plummets, leaving card issuers and consumers…
Ben Winck
A major student-loan company sowed 'confusion and anxiety' by mistakenly telling some borrowers they have debt payments due in September
Student-loan company Maximus told Insider it issued apologies for the mistake, but some borrowers s…