Ajinkya Kawale

Growing demand for AI services in India is creating a fast-expanding cross-border payments opportunity for domestic fintech companies

The Bengaluru-based fintech firm is expected to seek a valuation of ₹50,000-60,000 crore through an IPO that could raise ₹5,000-6,000 crore

Pine Labs has launched an agentic payments protocol for UPI transactions, with CEO Amrish Rau calling for India-led standards in autonomous commerce

RBI has directed banks to assess cyber risks from advanced AI models such as Claude Mythos and submit mitigation plans by June-end

Mastercard says stronger cybersecurity, agent verification and consent frameworks will be critical as AI agents begin making purchases on behalf of consumers

RBI has recognised Sahamati Foundation as the SRO for the Account Aggregator ecosystem, strengthening governance and trust in open finance

The payments major is expanding into cybersecurity, analytics, AI and loyalty services as it seeks new growth avenues beyond its traditional payments network business

Digital NBFCs accounted for 77 per cent of personal loan sanction volumes and 19 per cent of sanction value in FY26, even as growth in loan volumes slowed sharply

Indian travellers can use UPI apps at over 4.5 million merchant outlets in Cambodia, while Cambodian visitors will gain access to UPI-enabled payments in India in the next phase

NPCI International Payments is exploring bilateral UPI linkages with Indonesia, Thailand and Malaysia to expand the global footprint of India's payments network

The focus on India as a market comes as the company continues to see high adoption even as regulations around crypto are yet to take shape

NPCI has called for a regulatory framework for agentic AI in digital payments while expanding AI-driven UPI and voice-payment use cases

OpenAI says rising AI token costs are not a long-term hurdle for startups, as Indian adoption of Codex and AI workflows accelerates sharply

The state plans to provide 2,000 GPUs through a compute-as-a-service facility while targeting Rs 10,000 crore in AI investments and 1.5 lakh jobs

Payments Council of India has engaged independent consultants to draft framework to be submitted to RBI

Executives at real money gaming firms fear retrospective GST liabilities and penalties could force liquidation of personal assets amid mounting financial stress

Top court also upholds states' right to ban online betting, gambling

The fintech and payments industry is preparing a proposal for RBI seeking safe harbour provisions to protect compliant licensed entities from liabilities and retrospective regulatory action

The Bengaluru-based lender turned profitable following its merger with North East Small Finance Bank, with total income more than doubling in FY26

The fintech firm plans to scale its merchant payments business tenfold by FY28 after receiving the RBI's in-principle nod for a Payment Aggregator-Physical licence