Ajinkya Kawale

Meta acquires a minority stake in Cred through a $900 million investment and appoints founder Kunal Shah as global head of WhatsApp

PayU is building AI-powered tools and agent marketplaces as it bets on agentic commerce and payments becoming the next frontier in digital transactions

Cheap, customised AI tools are making deepfake scams harder to detect, exposing banks, fintechs and consumers to rising fraud risks

The open-source platform is designed to help enterprises build blockchain networks, digital asset ecosystems and tokenisation platforms at scale

Customised applications built on open-source AI models are enabling sophisticated deepfake frauds at lower costs, raising concerns across banking, fintech and digital platforms

The fintech major has confidentially filed draft papers with Sebi for an IPO that could raise ₹5,000-6,000 crore and value the company at up to ₹60,000 crore

Bessemer Venture Partners says India's AI ambitions must extend from compute and data infrastructure to agents, services and robotics

The new framework consolidates existing regulations and introduces perpetual authorisation for payment system operators subject to regulatory compliance

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

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