Page 35 - Fintech

Hiring rapidly, US fintech startup Stripe plots expansion in Asia

Analysts pointed to the difficulties Stripe may face in terms of varying regulations across Asia

HC seeks govt, RBI views on plea seeking regulation of Big Tech in finance

The Delhi High Court Wednesday sought response of the Centre, RBI, SEBI, IRDAI and National Payments Corporation of India (NPCI)

'India is a great example': Gates on UPI, country's digital finance model

Bill Gates is also optimistic about how quickly vaccines were being developed globally to address the Covid-19 pandemic.

ICICI Bank enters fintech space, launches 'iMobile Pay' application

Users can transfer money to any bank account, payment app and digital wallet.

Fintech company BharatPe aims to become a bank for small merchants

The firm, which provides technology and digital lending for offline businesses including kiranas, has witnessed $2-billion annualised business transactions for its POS segment in just three months

Great scope for fintech co-operation between India, France: Nandan Nilekani

Billions of dollars were transferred through the cash transfer programme using the Aadhaar platform during the Covid-19 crisis directly into the bank accounts of vulnerable people

Flipkart, PhonePe monthly active customers at 'all time high': Walmart

Walmart International CEO Doug McMillon says group committed to high-value markets like India.

Fundraising by fintechs took a hit due to Covid-19 pandemic, lockdown

According to the RBI, banks, which earlier viewed fintechs as disruptive forces, are looking at them as enablers in banking and finance

Use 'pay later' loan facility only if interest rate is attractive

However, be careful to avoid over-leveraging

Financial services becomes next battleground for PhonePe, Amazon and Google

Walmart-owned PhonePe has become the fastest-growing insure-tech distributor in India within just 9 months of the insurance category going live on the digital payments app

The apps game

Google should not misuse its dominant position

Fintech the way forward for Indian banking, payment system: SBI MD

Giving the example of SBI, he said, 91 per cent of jobs are being done digitally now, which was unthinkable 35 years ago

Amazon makes India centre of fintech push, adds gold, insurance services

To boost online payments, Amazon launched its Amazon Pay digital wallet in 2016

RBI to set up innovation hub for financial inclusion, efficient banking

The hub aims to bring solutions to the financial sector by tapping into areas such as cybersecurity, data analytics, delivery platforms, and payment services

Start-ups to get priority sector tag as RBI revises lending norms

It intends to align them with emerging national priorities and bring a sharper focus to inclusive development

Wiserfunding enters Indian market, to provide lending solutions for SMEs

The investment will also be towards creating technology to connect to various public and private databases to source all inputs to fully automate its models as it already does in Europe

India could become the fintech hub of the world

The opportunity to list overseas provides a huge opportunity for new-age digital and fintechs

Niyo rolls out salary hikes, bonuses, ESOPs to boost employee morale

Niyo is also planning to double the size of its tech and product teams by the end of March 2021

Hero Electric partners with Autovert for subscription-based financing plans

Hero Electric on Thursday said it has partnered with fintech start-up Autovert Technologies for subscription-based financing plans for its electric two-wheelers

Explained: How OCEN is trying to keep credit disbursement challenges at bay

Network to connect lenders, loan marketplaces, borrowers on a single platform and make access to credit a matter of minutes