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India's central bank abandons UPI rival project
TechCrunch via Yahoo! Philippines News· 1 year agoIndia's central bank has halted its plans for a high-profile project intended to rival the nation's dominant payment system, Unified Payments Interface....
Indian fintech unicorn Slice acquires stake in a bank
TechCrunch via Yahoo! Philippines News· 1 year agoSlice has acquired a 5% stake in the Indian bank North East Small Finance in what analysts say is a...
Singapore, India users can now send and receive money instantly via PayNow, UPI
Yahoo Finance Singapore· 1 year agoSingapore, India users can now send and receive money instantly via PayNow, UPI. (PHOTO: Getty)...
Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay
TechCrunch via Yahoo! Philippines News· 1 year agoThe rise in open banking and payment services like India’s UPI and Singapore’s PayNow means lower...
India's retail giant Reliance to accept CBDC at stores
TechCrunch via Yahoo! Philippines News· 1 year agoReliance Retail, India’s largest retail chain, will start accepting retail payments in digital rupee...
Adani Group carnage drives Indian shares to over 3-mnth lows
Reuters via Yahoo! Philippines News· 1 year agoBENGALURU (Reuters) -Indian shares ended more than 1% lower to hit a three-month low on Friday as a...
SBM Bank India, building BaaS platform, seeks funding at $200 million valuation
TechCrunch via Yahoo! Philippines News· 2 years agoThe Indian arm of SBM Bank, one of the banks that has aggressively worked with fintech startups in...
India has readied its digital rupee for retail use
Quartz via Yahoo! Philippines News· 2 years agoA month after India’s central bank launched its digital rupee for the “wholesale segment,” it is all set to pilot its retail version from tomorrow (Dec....
India to pilot retail digital currency on December 1
TechCrunch via Yahoo! Philippines News· 2 years agoIndia will undertake the first pilot for retail digital currency on December 1, the central bank said Tuesday, extending the test to evaluate the...
India to roll out digital rupee payments pilot ‘within a month’
Yahoo Finance UK· 2 years agoIndian prime minister Narendra Modi: the new digital rupee is expected to give the Indian economy a...