Page 41 - Ajinkya Kawale

Regulatory uncertainty central theme for investments towards fintech firms

Investment dips as sector grapples with new rules and market dynamics

RBI proposes changes in net-worth guidelines for payment aggregators

The banking regulator has identified two major types of payment aggregators (PAs) as part of the payments ecosystem in the country

Wealth management, entertainment, health spends grow in FY24: Razorpay

Spending on dieticians has more than doubled during the same time, while health coaching recorded a 45 per cent increase in transactions

Paytm denies deferral of approval or fine on payments services arm

The company added that investor Ant Financial did not have any board representation or special rights

Fintech ups and downs in the first quarter of 2024 as funding declines

There were two initial public offerings in Q1CY24 and none the same time last year. Five fintech firms raised $446 million in Q1, according to Tracxn.

T-shirts, masks, banners: Poll paraphernalia misses on-ground excitement

Centralised operations, focus on digital campaigns hit traditional election business

Next frontier in AI evolution: Hume.ai blends emotion and intelligence

Hume elevates conversational AI with 'emotional intelligence' for human-like interactions

Income tax notices lead to stress among startups, executives and investors

The notices were served under Section 68 of the Income Tax Act. They have clubbed the investments made in the startups, along with the revenue, to calculate the tax, according to the sources

RBI to allow third-party apps for UPI payments through PPI wallets

Cash deposit facility in banks through UPI soon

RBI to release final framework for fintech SROs by April-end: Governor Das

Das said the banking regulator was working towards operationalising one SRO for fintechs by the Global Fintech Festival (GFF) scheduled in September

Singapore Tourism Board, PhonePe sign MoU to boost UPI for Indian tourists

The collaboration with the tourism board and the Bengaluru-based company builds upon the existing Unified Payments Interface (UPI) linkage between India and Singapore

Crypto exchange platform CoinSwitch's parent launches app for stock broking

The launch marks PeepalCo's expansion into stock broking. It will be operated as a separate business division with its own managing and operations teams

Paytm employees stare at 'voluntary resignations', firm denies layoff buzz

Paytm said the company is undergoing a routine appraisal process involving performance assessments which may lead to 'role adjustments'

Amazon Pay to ramp up Smart Stores service partnership to 150 brands

The company has launched 18,000 Smart Stores in India since its inception in 2019

Amazon Pay to ramp up Smart Store services partnership with top 20 brands

The company has launched 18,000 Smart Stores in the country since its inception in 2019

Paytm UPI: Transactions decline to continue till new customers added

The Reserve Bank of India had mandated Paytm to shift existing users to a new handle after the Paytm Payments Bank was asked to stop transactions after 15 March

Domestic carriers set to operate 6% additional flights in summer

The largest domestic airline, IndiGo, is slated to operate 13,050 flights every week, a 13.8 per cent (Y-o-Y) rise from 11,465 flights in the previous year

Long Weekend: Airfares, hotel rates shoot up ahead of Holi, Good Friday

The Indian tourism industry is witnessing a sustained boom on the back of what industry stakeholders call a mindset shift, where people are using every opportunity to travel

New FDTL rules: Have enough pilots, won't cancel flights, says Akasa CEO

As of February 2024, the cancellation rate at Akasa Air has been 0.30 per cent, which is the lowest among domestic Indian carriers

Cashfree Payments launches product solution to cut fraudulent transactions

Cashfree's 'RiskShield' enables customers to add limits on the frequency and cumulative sum of transactions that an individual customer is permitted to pay on a periodic basis