Page 14 - Fintech News Today

RBI’s auto debit rule could cause tax woes for fintech startups Mumbai: The Reserve Bank of India's (RBI) auto debit rule could bring tax complications for fintech companies that have set up platforms for banks to integrate with a common e-mandate platform to ensure compliance. Fintech companies run the risk of attracting a 2% equalisation

In a move it says is  set to “boost the transition towards a cashless economy and support the national digitalisation agenda”, UAE operator du has announced the launch of du Pay, offering what it calls transformative fintech solutions for UAE residents.

The company, formerly known as Square, now building a full bitcoin mining system.

How can SaaS support multi-lateral cross border platforms and intelligent routing?

How can banks reassess their prevention strategies in the face of unprecedented levels of fraud?

The Bank for International Settlements together with seven central banks is embarking on a major project to explore tokenisation of cross-border payments.

Istanbul-based retail investing startup Midas has raised $45 million to roll out crypto, mutual fund, and savings account products to its two million users.

David Malone named executive-in-residence for nonprofit’s Project FinTech initiative

SMBs are a large driver of the US economy. Pipe’s move could be among the first of many embedded finance efforts to serve an often overlooked, yet critical market.

Genesis Bank (“Genesis” or the “Bank”), the Genesis Bank Institute for Entrepreneurship (“GBIE”), and the Genesis for Good Foundation (“GFG”), along with Fiserv, Inc. (NYSE: FI), announced today the Genesis For Good Catalyst Empowerment Grant Program.