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2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
2 mins read
EPS Pensioners to get pension from any bank, any branch, anywhere in India from January 1, announces Mansukh Mandaviya
The CPPS is expected to benefit over 7.8 million EPS pensioners of EPFO. By leveraging advanced IT …
ANI
2 mins read
Discouraging retail play in F&O may help banks garner deposits: SBI Chairman
Khara said the budget announcements like the tweaks on the short-term and long-term capital gains w…
PTI
2 mins read
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
1 min read
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
6 mins read
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
2 mins read
Thinking of upgrading your smartphone? iPhone 15 Plus can be yours for under ₹65,000
Flipkart's Diwali sale is offering a huge discount on the iPhone 15 Plus, now available for ₹65,999…
2 mins read
Fintech expert shares 5 ways AI can help detect deepfakes in eKYC systems
The recent PayTM saga exposed how financial institutions are finding it increasingly difficult to m…
3 mins read
Russia hit Google with a fine so big it defies comprehension, exposing a legal system adrift
Russia's massive Google fine is huge, symbolic, and likely unenforceable, but it's part of an incre…
Joshua Nelken-Zitser,Kieran C…
2 mins read
RBI to soon launch app to enable retail investors to participate in govt bonds
The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…
PTI
3 mins read
Mastercard's AI system is helping banks keep fraudsters in check — and it could save millions of dollars
Mastercard has taken an AI-driven approach to detecting payment fraud and collaborating with banks …
Chris Stokel-Walker
2 mins read
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
2 mins read
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…