China pledges to tighten ‘prudential oversight’ of online platforms
The People’s Bank of China (PBoC), the country’s central bank, has reportedly vowed to step up the “prudential oversight” of…
FCA Covid-19 resilience surveys reveal 4000 firms at risk of failure
The Financial Conduct Authority (FCA) has published the findings of its Covid-19 financial resilience surveys, revealing that 4000 firms are at risk of failure. In response to the crisis, the…
07 Jan 2021
Indian central bank unveils new fund to support digital payments infrastructure
The Reserve Bank of India (RBI) has unveiled operating guidelines for the Payments Infrastructure Development Fund (PIDF), to boost digital payments acceptance in lower-tier cities. The main objective of the…
06 Jan 2021
NPCI’s RuPay, RBL Bank team up to launch mobile POS solution
RuPay, the international card payment service owned by the National Payments Corporation of India (NPCI), has partnered with private lender RBL Bank to launch ‘RuPay POS’ solution for merchants. RuPay…
04 Jan 2021
Iceland launches new instant payments platform in collaboration with SIA
The Central Bank of Iceland (CBI) has partnered with the technology infrastructure and service provider SIA to launch a new payment system. CBI has gone live with a new real-time…
27 Nov 2020
Indian paytech FSS commits to supporting Saudi Arabia’s digital payments ecosystem
India-based payments technology company Financial Software and Systems (FSS) is expanding its presence to support digital payments in the Kingdom of Saudi Arabia (KSA). This expansion is part of its…
25 Nov 2020
NPCI onboards 131 partners to boost India’s retail payments ecosystem
National Payments Corporation of India (NPCI) has reportedly onboarded 131 new partners for bolstering the retail payments ecosystem in the country. The new partners include one public sector bank (PSU),…
09 Nov 2020