Tags India

Tag: India

Samsung Pay Offers Payments, Credit To Indian Marketplaces

Samsung has reached an agreement with an online marketplace for financial products in India Read more: pymnts.com

In Brief: India Mobile POS Firm Raises $31m From Existing Investors

India-based mobile point-of-sales company Mswipe has raised around 2.2 billion Indian rupees(US$ 31.7 million) in a new round of funding from existing investors. Read more: techinasia.com

Naspers Earmarks $1B For Indian FinTech Investments

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. Read more: pymnts.com

Judgement day arrives for payments in India

The Reserve Bank of India (RBI) has launched its Ombudsman Scheme for Digital Transactions (OSDT), for redressal of complaints around the digital transaction services. Read more: www.bankingtech.com

Digit Insurance to offer bike insurance through new partnerships

Online insurance platform Digit Insurance has launched a cycling insurance product in conjunction with Dr. Cycle and SCOTT Sports India. Read more: member.fintech.global

Indian banks unveil blockchain-linked funding for SMEs

A group of 11 Indian banks have teamed together to unveil the nation’s first blockchain-linked funding for SMEs. Read more: www.bankingtech.com

The Reserve Bank of India releases guidelines on tokenised payments

The Reserve Bank of India has released the guidelines for the tokenisation of debit, credit and prepaid card transactions. Read more: member.regtechanalyst.com

India’s biggest conglomerates explore blockchain for B2B payments

According to a report in the India Times, a number of Indian corporations are currently trialing blockchain technology as a means of record keeping. Read more: www.ccn.com

India may legalize Bitcoin under “strong” rules

A second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. Read more: bitcoinmagazine.com

INDwealth said to bag $30m in funding

India-based personal finance app INDwealth has reportedly raised $30m in its newest equity financing. Read more: fintech.global