Richard Teng, a Singaporean businessman and former regulator, has been announced as the new CEO of Binance, the world’s largest cryptocurrency exchange. Teng brings extensive experience in the financial industry and the crypto space. He previously held senior positions at the Monetary Authority of Singapore and the Singapore Exchange. Teng later became the CEO of …
The first phase of the project will cover 100 acres and bring major finance-related companies working largely in one or more fintech areas of digital lending, payments, blockchain, insurance technology and digital wealth management under one roof.
“To start with, we have opened this up for various roles in our engineering team. While training them on the job, during the course of this programme we help upskill them using learning and development programmes to bridge the gap in terms of what they missed out on,” Chitbhanu Nagri, Razorpay’s senior vice-president for people …
Razorpay offers ‘returnship’ for women on career break Read More »
Worldcoin, also known as WLD, has since rallied 18% in 24 hours to retake the $2.40 level amid efforts by a group of OpenAI executives and investors to reinstate Altman as chief executive officer. The token has a market value of about $280 million, ranking it 157th in the crypto market, according to CoinGecko as …
Sam Altman’s Worldcoin token goes on a wild ride around OpenAI drama Read More »
“Macro factors, including a potential US Federal Reserve tapering cycle in 2024, are contributing to cryptocurrency tailwinds. Chart analysis suggests an ascending triangle with bullish growth, with a break above $38,000 potentially leading to a test of $40,000,” Sathvik said.
The next big wave of UPI adoption will come from check out finance, or buy now pay later, said fintech industry insiders. Consumers will have a credit line extended by their banks to a specific account. They can use UPI to pay from the credit line.
The next big wave of UPI adoption will come from check out finance, or buy now pay later, said fintech industry insiders. Consumers will have a credit line extended by their banks to a specific account. They can use UPI to pay from the credit line.
Worldcoin, the crypto project co-founded by Sam Altman who has been sacked as OpenAI CEO in a dramatic move, saw its token crashing on Saturday. Worldcoin consists of a privacy-preserving digital identity (World ID) and, where laws allow, a digital currency (WLD) received simply for being human. Read more here:
Given that fintechs have mostly focussed on disrupting unsecured personal loans, consumer durable loans, credit cards and gold loans through the use of technology, the impact on them will be huge, said industry insiders.
The National Payments Corporation of India (NPCI) has instructed third-party UPI apps and banks to deactivate inactive UPI IDs and numbers that have been unused for over a year. This is to prevent accidental money transfers to unintended recipients when customers change their mobile numbers without unlinking their old numbers from the banking system. The …
NPCI to Google Pay, Paytm, PhonePe and others: Deactivate these UPI IDs by December 31 Read More »
