Tag: Reserve Bank of India
Finovate Global Philippines: Insurtech, SuperApps, and Turning Corner Shops into Banking Hubs – Finovate
Philippines-based digital bank Tonik has entered the insurance business. The neobank announced a new strategic partnership this week with life insurance company Sun...
Central Banks Buy 77 Tonnes of Gold in August, Helping to Offset Impact of Rising Bond Yields
Central banks around the world continue to be a major force in the gold market, helping the precious metal maintain its long-term support levels...
Binance.US CEO calls it quits amid major layoffs
In this issueShakeup at Binance.USNFT: Ethereum projects at riskIndia’s crypto stand: Decision loomsFrom the Editor’s DeskDear Reader,We here at Forkast are big fans of...
India Leads ‘G20 Nations’ in Embracing Crypto Regulation
After hosting the G20 Conference, India has made progress in cryptocurrency regulation. The country has officially approved their suggestions as a show of support...
Coinbase Disallows New Sign-ups in India (Report)
The leading cryptocurrency exchange – Coinbase – has reportedly disabled new customer sign-ups on its platform in India.
However, the company remains committed to...
The UPI Phenomenon: From Zero to 10 Billion
If there is one Indian innovation that has grabbed global headlines, it is undoubtedly the instant payment system UPI (Unified Payments Interface). In August 2023, monthly...
India working on 5-point crypto legislation as ban is ruled out
India is working on a crypto regulatory framework based on the joint recommendations of the International Monetary Fund (IMF) and the Financial Stability Board...
YES BANK Expands e-Rupee Acceptance with UPI QR Code Integration – Fintech Singapore
India’s YES BANK has enabled Unified Payments Interface (UPI) interoperability on the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) app.This enables...
Asia’s richest man bets on blockchain, CBDC
Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies...
How e-RUPI Works?
It is a voucher-based system aimed to improve the efficiency and transparency of government welfare systems and other benefits.
What is e-RUPI?
The National Payments Corporation...
A Snapshot of Major Real-Time Payments Networks in Asia – Fintech Singapore
Real-time payments are transactions made between bank accounts, processed, cleared, and settled within seconds, o any given day or time. The FIS Global Payments...
Finovate Global India: Conversational AI Comes to UPI, Debt-Collection-as-a-Service Scores $50 Million – Finovate
The Reserve Bank of India (RBI) announced a number of new fintech initiatives this week. Among the more interesting was a plan to...