Page 21 - Ajinkya Kawale

16% of card spends happen on RuPay, half of it on credit via UPI: NPCI

RuPay is India's indigenous payment network run on NPCI's infrastructure

Maharashtra sets up facility to fight cybercrimes, announces helpline

'Cyber corporation' in Navi Mumbai will work as the state's headquarters against cybercrime: Devendra Fadnavis

Perplexity AI targets 1 mn user sign-ups by mid-March, may offer free plan

Aravind Srinivas plans to make its professional service plan free for students in India

Paytm bets on AI-first features to power profitability in the next 2 years

Company begins by partnering with AI startup Perplexity to offer in-app search for users

Navi Mumbai airport likely inauguration in April, operational launch in May

The airport is expected to commence international operations by July next year, Arun Bansal, chief executive officer (CEO), Adani Airport Holdings Limited (AAHL)

Cred detected Rs 11K crore in credit card hidden charges: Kunal Shah

Credit score was never designed to be a consumer product, instead it was made for banks to be able to lend without having to worry about the customer's behaviour, Kunal Shah said

Flipkart-backed super.money acquires checkout financing platform BharatX

The company plans to introduce checkout financing for direct-to-consumer (D2C) and e-commerce brands

Launching new games in addition to BGMI is our top priority: Krafton India

Sohn speaks on the company's rationale behind investing in Cashfree, monetisation challenges in the Indian gaming segment and focus areas for 2025

A year on, Paytm Payments Bank nudges users to reactivate wallets

The reactivation effort comes at a time when the payments bank has lost 72.25 per cent of its prepaid payment instrument (PPI) wallets from 363.15 million

Head Digital Works acquires Adda52 parent Deltatech Gaming for Rs 491 cr

This will be the second largest deal in the online rummy and poker gaming segment. In September, Nazara Technologies bought a significant stake in Moonshine Technology (MTPL)

MobiKwik to acquire 3.39% in B2B infra platform Blostem for Rs 1.49 crore

The aggregate shareholding of the Gurugram-based listed firm in the platform is expected to grow to 6.79 per cent after the deal

PhonePe begins IPO process, set to become third fintech to list in 5 years

PhonePe said its "strong top line and bottom line growth" across business portfolios makes it a suitable time for public listing

India among largest countries in Meta AI adoption, says India head

Says over 4 million entities have used at least one of the firm's GenAI offers

Razorpay unveils four new offerings, including AI features, at FTX 2025

The firm said the corporate card would enable customised spending limits and supplementary cards

PayU appoints new risk officer in a streak of new leaderships hires

Rao's appointment follows a streak of leadership changes at the payments technology company

The travails of Sachin Bansal's Navi, a fintech that wanted to be a bank

Earlier this week, Bansal stepped away from the CEO post pf the finserv and tech verticals to focus on the group's long-term vision, expansion and M&A efforts

Asci flags 413 offshore online betting advertisements for violating norms

Between April 2023 and March 2024, ASCI flagged 1,336 advertisements, and 492 cases related to RMGs were observed by the body

Surge in crypto ETF filings following Trump's return to power: Report

These filings belong to 16 distinct virtual digital asset (VDA) categories, including memecoins

PhonePe launches device tokenisation for credit and debit card transactions

This is a first among companies that have decided to offer direct solutions to customers without requiring a merchant's reliance on third-party payment orchestration platforms

Fintechs look beyond traditional means to scale up presence of e₹

More non-bank payment system operators are expected to join the bandwagon to extend the e₹