Indian travellers visiting the Seychelles may soon be able to make payments using UPI, following a new agreement signed between India and the island nation. The Memorandum of Understanding (MoU) was signed between NPCI International Payments Limited (NIPL), the international arm of the National Payments
The Reserve Bank of India (RBI) has proposed a new governance framework that would require lenders to keep tighter control over every AI model they deploy. The framework comes as artificial intelligence (AI) becomes a bigger part of banking operations. The draft rules aim to make AI
Meta made a $900 million investment in Indian fintech startup CRED. This is more than just another startup deal. It is a major push into India’s fast-growing digital payments market. The deal also brings a big leadership change. CRED founder Kunal Shah is set to
As India races towards a cashless future, do you think digital fraud is becoming the biggest threat to the country's digital economy? India’s digital payments ecosystem has become one of the most advanced in the world. From Unified Payments Interface (UPI) transactions and mobile wallets to
India’s largest lender, the State Bank of India (SBI), has reported banking frauds worth more than ₹6,300 crore over the past three years, highlighting the growing challenge of digital financial crime in the country’s rapidly expanding payments ecosystem. The disclosure comes at a time when digital
Several new financial rules have come into effect from June 1, 2026. These changes are for UPI users, ATM customers and taxpayers, mainly focusing on making digital payments safer and improving tax compliance. Stronger Security For UPI Payments UPI payments will now have extra security checks for
India is using digital payments more than ever before. UPI transactions have crossed 200 billion. More people are paying through QR codes, mobile apps, and online payment platforms. But there is a surprise. People are also using more cash. Read More | Is a Tech War
India’s private insurer, SBI Life Insurance, has partnered with Datamatics to deploy agentic Artificial Intelligence (AI)-led underwriting systems. The aim is to improve risk assessment, speed up policy processing and strengthen operational efficiency. The collaboration will focus on integrating AI-driven automation into underwriting workflows, a key
As India strengthens its position as one of the world’s fastest-growing fintech ecosystems, the spotlight turns to the Fintech India Innovation Awards 2026 - a prestigious platform celebrating innovation, leadership, and transformative impact across the financial technology landscape. Designed to recognise breakthrough ideas and future-ready
As India stands at the threshold of its next phase of digital and economic transformation, the spotlight turns to the 33rd edition of Convergence India Expo - India’s biggest, longest-running running and most comprehensive technology showcase of the year. Scheduled from 23-25 March 2026 at