As part of the mutual understanding, Mastercard and CERT-In will hold training programs and workshops for cyber capacity building, latest market trends and best practices to enhance cyber security of financial sector organizations.
The IDC study forecasts that Salesforce and its ecosystem of customers and partners in India are expected to create a net gain of 1.8 million new jobs and generate USD 88.6 billion in new revenues from 2022 to 2028.
New York [US]/ Bangalore (Karnataka) [India], Leading global AI-powered credit underwriting platform provider Scienaptic AI announced today that Fi (Epifi Technologies Pvt. Ltd.) has completed deployment and is live on its Credit Decisioning Engine platform. This deployment facilitates a faster and more robust decision-making process, enabling individuals to access Fi’s products and services efficiently. Fi …
The RBI’s new framework marks a significant step towards self-regulation and maturity in the fintech sector, paving the way for sustainable growth and innovation.
A recent report by Fintech Association for Consumer Empowerment highlighted that over 10 crore loans has been disbursed in the previous financial year, with a jump of 35 per cent in volume and 49 per cent in value, in FY24.
In the Asia-Pacific region, mobile and digital wallets have overtaken traditional payment methods like cash and bank transfers for e-commerce payments.
India, a global leader in FinTech innovations such as secure payment systems, paperless lending, mobile banking, and digital wallets, ranks third globally in this sector, behind only the USA and China.
This significant uptake of alternative payment solutions can be attributed to the widespread usage of mobile wallets, largely driven by UPI, which facilitates mobile payments in real-time simply by scanning QR codes.
Paytm has appointed former Sebi whole time member Rajeev Krishnamuralilal Agarwal to the board as non-executive independent director as Neeraj Arora had resigned citing “personal commitments”.
FinTech Leaders spoke on the need of a broader licensing framework for the fintech ecosystem, with more and more fintechs voluntarily wanting to be regulated. They further highlighted how every digital lender has a hero product today but are unsure about what next they can bring to the table.
