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Why India's online payment apps are not as safe as they seem |

The Reserve Bank of India is cracking down on India's online payment apps due to concerns about fraud and security. Paytm has already faced regulatory action, and more nonbank intermediaries may be targeted. Find out why India's online payment apps are not as safe as they seem. ....

Visa Inc , Reserve Bank , Upi Payments , Reserve Bank Of India , Online Payment Apps , Digital Payments ,

Revolut launches robo-advisor in Ireland

Revolut, the global financial super-app with more than 35 million customers globally, has launched its own Robo-Advisor service in Ireland. The new product allows customers to save time and automate investing tailored to their needs. ....

Rolandas Juteika , Trading Pro , Revolut Securities Europe ,

Indian fintech is fast, furious — and problematic

Three fundamental sources of infirmity need fixing. First, the KYC process using Aadhaar must be made credible and secure. Second, since most UPI transactions are free, traditional lenders have little incentive to shorten their technology-upgrade cycle. Third, the monopoly of the National Payments Corporation of India, which runs the UPI, must end. As long as the country’s preferred system for moving money online is devoid of fair charges and free from competition, there are great risks ....

Ckjxh Fiddbh , Karan Saini , Sunny Leone , Anand Venkatanarayanan , Paytm Payments Services Ltd , Amazon Web Services , Paytm Payments Bank , National Payments Corporation Of India , Walmart Inc , Communications Ltd , Visa Inc , Reserve Bank , Unified Payments , National Payments Corporation ,

Cross-border payments remain focus for Fed

Banking news ....

South Africa , Cape Town , Western Cape , South African , African Reserve Bank , Financial Stability Institute , Financial Stability Institute Of The Bank , Basel Committee On Banking Supervision , International Settlements , Federal Reserve , Basel Committee , Fed Governor Michelle Bowman , South African Reserve Bank , Enhancing Cross Border Payments , Regulations Amp Policy , Regulations Policy ,

EU CBDC: What do we know so far about the digital euro?

The European Central Bank (ECB) has been working on developing the digital euro, a central bank digi. ....

Banque De France , European Parliament , European Central Bank , European Commission ,