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Nium becomes first global fintech to secure Type 1 Funds Transfer licence from Japan's FSA

Nium, the leader in real-time cross-border payments, announced today that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).
Anupam Pahuja Asia Pacific Ian Ilseok Suh Money Service Businesses Japanese Financial Services Agency Japan Payment Services

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India's finance minister initiates monthly RBI meetings with fintech firms to foster regulatory compliance

In a bid to enhance regulatory alignment and spur innovation in the fintech sector, Indian Finance Minister, Nirmala Sitharaman, has proposed monthly virtual meetings between federal regulators, including the Reserve Bank of India (RBI), and startup and fintech companies.
Nirmala Sitharaman Department Of Financial Services Paytm Payments Bank Indian Finance Minister Reserve Bank Financial Services

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