Page 37 - Settlement Systems News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  The Government of Ghana through the Economic Management Team, the Bank of Ghana, Ghana Interbank Payment and Settlement Systems (GhIPPS), the Ministry of Finance, the Ministry of Communications, the National Communications Authority (NCA), the Telecommunication Companies such as MTN, Vodafone and AirtelTigo, and a licensed Online Marketing Company and Digital Service provider known as KGL Technology Limited have done tremendously well to enhance the digitalization Programme of the Government. Ghana has the baseline infrastructure such as Real Time Gross Settlement (RTGs), Automated Teller...

Continuing on an upward trajectory, digital payments in January saw decent growth with Unified Payments Interface (UPI), the flagship payments platform of National Corporation of India (NPCI), touching a new high both in terms of volume and value. As per data released by NPCI for January, UPI recorded 2.3 billion transactions worth Rs 4.3 trillion, up 3 per cent both in volume and value terms respectively. On a year-on-year basis, UPI’s transaction volume jumped 76.5 per cent while transaction value jumped almost 100 per cent. They breached the 2-billion (volume) mark for the fourth strai...

Facts about cryptocurrencies As India plans to introduce a new law to prohibit all 'private cryptocurrencies' in the country, the industry stakeholders have come out in unison, hoping that the government will listen to all the stakeholders before taking any decision. Among the bills lined up for consideration during the Budget Session of Parliament is the 'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021' that will create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India. The Bill also seeks to prohibit all pr...

The cryptocurrency bill aims to create a framework for the creation of an official digital currency to be issued by the Reserve Bank of India.

Financial operations of Facebook, Google, Amazon regulated Financial operations of Facebook, Google, Amazon regulated FacebookTwitterLinkedin PTI / Updated: Jan 30, 2021, 01:00PM IST FacebookTwitterLinkedin The RBI has informed the Delhi high court that operations of tech fin firms such as Facebook, Google and Amazon in India's financial sector space are being regulated under the relevant laws and they have been permitted to function only after necessary compliances. A similar stand has been taken by markets regulator Sebi which said that there are already adequate provisions in place providi...