Ajinkya Kawale
 "Ajinkya Kawale")
Ajinkya Kawale
Ajinkya Kawale works as a correspondent for Business Standard, specialising in the emerging fintech industry in India. In addition to his assigned beats, he has had the opportunity to cover agrarian distress in Maharashtra and political developments during the Lok Sabha election season. He holds a postgraduate degree in multimedia journalism from Christ University in Bengaluru. He is passionate about India's infotainment space on YouTube and other OTT platforms. His favourite sections in a library are non-fiction and biographies.
Ajinkya Kawale works as a correspondent for Business Standard, specialising in the emerging fintech industry in India. In addition to his assigned beats, he has had the opportunity to cover agrarian distress in Maharashtra and political developments during the Lok Sabha election season. He holds a postgraduate degree in multimedia journalism from Christ University in Bengaluru. He is passionate about India's infotainment space on YouTube and other OTT platforms. His favourite sections in a library are non-fiction and biographies.
Page 19 - Ajinkya Kawale/undefined
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
 "Surge in crypto ETF filings following Trump's return to power: Report")
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
 "PhonePe launches device tokenisation for credit and debit card transactions")
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₹
 "Fintechs look beyond traditional means to scale up presence of e₹")
Financial services firm Navi appoints new CEOs as part of leadership rejig
Sachin Bansal steps down as Navi CEO; to serve as executive chairman of the group
 "Financial services firm Navi appoints new CEOs as part of leadership rejig")
Paytm Money settles Sebi norm violation allegations for Rs 45.5 lakh
In a separate development, Paytm Money announced the appointment of Rajeev Krishnamuralilal Agarwal as an additional non-executive independent director on its Board
 "Paytm Money settles Sebi norm violation allegations for Rs 45.5 lakh")
FATF invites Indian online gaming firms to discuss laundering risks
Companies invited for tomorrow's meet include Dream11, Baazi Games, Zupee, WinZO, and others
 "FATF invites Indian online gaming firms to discuss laundering risks")
WazirX parent schedules voting process for scheme of arrangement for March
Legal firm Kroll will be the party platform for the voting process, while Alvarez & Marsal will act as its independent assessor
 "WazirX parent schedules voting process for scheme of arrangement for March")
Razorpay elevates Haria to role of CPO as it eyes Southeast Asia expansion
The appointment comes at a time when the company is planning to expand in Southeast Asia and focus on expanding Unified Payments Interface (UPI) and Razorpay POS
 "Razorpay elevates Haria to role of CPO as it eyes Southeast Asia expansion")
Fintech firm CheQ aims to check boxes for every credit need
Founder Aditya Soni is very clear that he is not interested in selling financial products; instead, he is laser-focused on keeping customers' credit healthy
 "Fintech firm CheQ aims to check boxes for every credit need")
MIB, IEIC, and WinZO launch Tech Triumph Season 3 for gaming startups
The TTP supports gaming startups through investment, mentorship, and global exposure
 "MIB, IEIC, and WinZO launch Tech Triumph Season 3 for gaming startups")
Cryptocurrency exchange WazirX completes asset restructuring on platform
The redistribution of assets will be made in the form of tokens, the company said, conditional to its users voting in affirmative to its scheme
 "Cryptocurrency exchange WazirX completes asset restructuring on platform")
PhonePe clocks record 8.1 bn UPI transactions in January, shows NPCI data
PhonePe continued to dominate the UPI ecosystem, commanding a 47.67 per cent market share, with Google Pay and Paytm holding 36.38 per cent and 6.78 per cent, respectively
RBI to introduce exclusive internet domains for banks and non-banks
RBI proposes additional factor authentication (AFA) for online international 'card-not-present' transactions
 "RBI to introduce exclusive internet domains for banks and non-banks")
SaaS unicorn Perfios acquires financial crime management company Clari5
The company said the acquisition strengthens its fraud and risk management (FRM) capabilities and drives product-led synergies. Perfios said the move solidifies its presence across key global markets
 "SaaS unicorn Perfios acquires financial crime management company Clari5")
Infibeam Avenues' subsidiary receives approval to offer UPI payments
Axis Bank will act as the payment service provider (PSP) bank for RediffPay
 "Infibeam Avenues' subsidiary receives approval to offer UPI payments")
PhonePe to wind down account aggregator business, surrender NBFC-AA licence
Account aggregators are non-banking financial companies (NBFCs) that deliver a user's financial data from financial information providers (FIPs) to financial information users (FIUs)
RBI proposes security step for international card not present transactions
AFA is the use of more than one factor for authenticating a payment instruction and was previously mandated only for domestic transactions
 "RBI proposes security step for international card not present transactions")
PlaySuper raises $500,000 in seed funding led by IAN Angel Fund, 100X.VC
PlaySuper will launch a hyper-personalised in-game store allowing integration without requiring updates
 "PlaySuper raises $500,000 in seed funding led by IAN Angel Fund, 100X.VC")
NPCI chief advocates for stronger legal systems to deter cyber frauds
The apex payments body head pressed on the need for economic incentivisation for firms processing UPI
 "NPCI chief advocates for stronger legal systems to deter cyber frauds")
Budget 2025 slashes digital payments incentives: Is MDR on its way out?
With the Budgetary outlay for UPI transactions cut by 78 per cent, industry insiders wonder if transaction fees are likely to be introduced
 "Budget 2025 slashes digital payments incentives: Is MDR on its way out?")
