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India to see retail digital payments to double to USD 7 tn by 2030: Report
Millennials and Gen X are leading in the adoption of all types of digital payment instruments.
PTI
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
PTI
Some Chinese banks are so fearful of sanctions that they're returning payments for goods that have reached Russia, report says
The US Treasury and State Department recently announced fresh restrictions against 400 people and e…
Huileng Tan
Global IT outage hits Starbucks mobile-order system and card payments at businesses
Some retailers and fast-food chains are limiting their operations and only taking cash payments fol…
Grace Dean
Innova Captab's Rs 570-cr IPO to open on Dec 21
Integrated pharmaceutical company Innova Captab on Monday fixed a price band of Rs 426-448 per shar…
PTI
Russian banks are grappling with liquidity issues as US sanctions choke supply of yuan
Yuan availiability is shriveling up in Russia as US sanctions have pushed Chinese lenders away from…
Filip De Mott
Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier
Russia is facing so many issues with its international trade payments that it's shifting its previo…
Huileng Tan
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
A peak boomer fears she can't retire with $2,000 Social Security payments — and may have to move in with her sons
Becky Davenport, 61, fears she may never retire and might need to move in with her children — a fea…
Noah Sheidlower
A school used facial recognition tech for cafeteria payments. An internet law expert says it's rarely worth the risk.
A UK school broke the law by using facial recognition technology in its cafeteria without assessing…
Nora Redmond
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams
There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…
De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback dominance.
"The emergence of the technological capacity to drive de-dollarisation does not necessarily mean de…
Filip De Mott
8 million student-loan borrowers on Biden's new repayment plan don't have to make payments after a federal court blocked the program in full
A court blocked the SAVE student-loan repayment plan. All 8 million impacted borrowers will be plac…
Ayelet Sheffey
A scammer conned us out of our $32,430 down payment by email. We didn't realize it until 10 days later.
Daniel Pietschnig and Jessica Madalena unknowingly wired their down payment for a house to a frauds…
Alcynna Lloyd
Zomato gets RBI approval to operate as 'online payment aggregator'
Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …
Vodafone Idea announces ₹18,000-cr FPO; offer opens on Apr 18
Cash-strapped Vodafone Idea on Friday announced a follow-on public offer of up to Rs 18,000 crore a…
PTI
Fisker reportedly temporarily misplaced millions of dollars in payments for its EVs
Fisker briefly misplaced millions of dollars worth of payments from customers, according to a recen…
Grace Kay
RBI directs card issuers to offer choice among card networks, bans restrictive agreements
According to a press release, the central bank prohibited card issuers from entering into agreement…
ANI
At ₹395, Paytm shares hit upper circuit for fourth straight session
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecut…