Thursday, February 21, 2019
Tags India

Tag: India

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

ClearTax said to raise $50m in round led by Composite

Online tax automation platform ClearTax has reportedly raised $50m in its latest equity financing round. Read more: fintech.global

India’s largest internet & mobile body forms a blockchain committee

In a marked move to advance the development of the domestic blockchain ecosystem in India, the country’s influential internet industry association Read more: www.ccn.com

Cryptocurrency scam case reaches a dead end in Mumbai

Roughly a year ago, Mumbai police accused the founder of ATC Coin Ltd. of running a cryptocurrency scam. Read more: bitcoinist.com