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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   


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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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4 mins read

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   


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1 min read

Google Play introduces UPI Autopay payment to simplify recurring payments for subscription-based purchases in India

Introduced under UPI 2.0 by NPCI, UPI Autopay helps customers make recurring payments using any …

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2 mins read

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…

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4 mins read

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…

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3 mins read

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…

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4 mins read

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…

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2 mins read

Fino Payments Bank has its eyes set on becoming a small finance bank

ino Payments Bank is keen to become a small finance bank after having completed five years of opera…

PTI   


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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…

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3 mins read

Making online payments safer – Here’s how to tokenise your card

Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…

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3 mins read

Paytm's growth potential: The tech innovator's journey of disruption and success

When it comes to mobile payments, one name stands out as a true pioneer– Paytm. The fintech giant i…

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2 mins read

10 Senate Democrats tell Biden to implement recurring stimulus checks after $1.9 trillion bill is passed

A group of senators thinks direct payments should be sent out regularly as the US economy gets back…

Tom Porter   


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1 min read

Caitlyn Jenner is using a campaign fundraising trick from Trump's playbook that commits donors to recurring payments

Former President Donald Trump used a tactic in which recurring donation boxes were pre-checked at t…

Sarah Al-Arshani   


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3 mins read

'An essential tool:' 156 top economists call for recurring stimulus checks until the economy recovers from the coronavirus pandemic

Top economists are urging policymakers to implement ongoing direct-cash payments to boost the econo…

Joseph Zeballos-Roig   


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2 mins read

Joshua Zitser   


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'One more check is not enough': 54 progressive Democrats urge Biden to add recurring direct payments to COVID-19 relief package

In a letter on Thursday, the group said Biden's proposal of a one-time direct payment worth $1,400 …

Oma Seddiq,Joseph Zeballos-Ro…