Sunday, May 19, 2024
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fintech

Paytm Founder Sharma Acknowledges Crucial Role Of Regulatory Engagement

While speaking at an event in Japan, Sharma said that ambiguity brings stress to the business.

06 / 03 / 2024

Fiserv Appoints Murali Nair As General Manager Of India And South Asia

Murali Nair was previously president of banking for India at Zeta and has held leadership positions in client relationship management at Visa and market development at Mastercard, etc.

05 / 03 / 2024

Experts Suggest Regulatory Reassessment To Boost Fintech Sector And Ease Compliance Burden

Following the RBI's action, some in the industry expressed concern that the regulatory environment, rather than fostering innovation, could hinder the progress of fintech companies.

26 / 02 / 2024

MobiKwik Introduces Pocket UPI To Facilitate UPI Payments Without Linking Bank Account

Pocket UPI safeguards users from compromised transactions and financial fraud by transferring funds from the MobiKwik Wallet rather than their bank account..

26 / 02 / 2024

Paytm Shares Hit Upper Circuit Again At Rs 428

In the morning trade, the 30-share BSE Sensex benchmark slumped 288.71 points or 0.39 per cent, while NSE Nifty fell 71.55 points to 22,141.15.

26 / 02 / 2024

National Payments Corporation of India shared the information on social media platform X saying its systems are working fine and the entity is working with...

BharatPe has issued a statement saying the Registrar of Companies has asked for the information and the fintech is cooperating with the authority.

HDFC Bank's country head for payments Parag Rao, while replying to a question on Paytm, indicated that talks in going on to help the distressed fintech.

ED and FIU are already probing matters related to the payment gateway under provisions of the anti-money laundering law. 

Bernstein added in its report that Paytm has a healthy cash balance (Rs 100-150 per share) — this provides the absolute floor as well as reasons to be...

The acquisition, structured as a mix of cash and stock, is set to proceed towards closure, the company said.

The report observed that the banks and financial institutions are moving towards 100 per cent digital for the retail and MSME segments over the next decade.

The company said that it will catalyse its efforts to scale up its business operations in the down west region of the country.

Paytm Wallet users can continue to carry on transactions till February 29. However, after February 29, they will be able to use their existing balance till the...

Paytm has been in talks with Jio Financial Limited since November of last year, while discussions with the banking giant HDFC started ahead of the RBI's action...