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Industry news
China pledges to tighten ‘prudential oversight’ of online platforms
News

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…

07 Jan 2021

Zubin Mehta

FCA Covid-19 resilience surveys reveal 4000 firms at risk of failure
Industry news

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

07 Jan 2021 By Evie Rusman

Indian central bank unveils new fund to support digital payments infrastructure
News

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

06 Jan 2021 By Zubin Mehta

NPCI’s RuPay, RBL Bank team up to launch mobile POS solution
Industry news

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

04 Jan 2021 By Verdict Staff

Iceland launches new instant payments platform in collaboration with SIA
News

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

27 Nov 2020 By Verdict Staff

Indian paytech FSS commits to supporting Saudi Arabia’s digital payments ecosystem
News

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

25 Nov 2020 By Verdict Staff

NPCI onboards 131 partners to boost India’s retail payments ecosystem
News

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

09 Nov 2020 By Verdict Staff

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