On the sidelines of the 17th BRICS Summit in Rio de Janeiro, Prime Minister Narendra Modi held talks with President of Cuba, H.E. Miguel Diaz-Canel Bermudez to enhance cooperation across multiple areas, with a special focus on fintech and digital public infrastructure. The two leaders reviewed bilateral ties and discussed...

In a major step towards strengthening cybersecurity in banking, the Reserve Bank of India (RBI) has directed all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by the Department of Telecommunications (DoT). The advisory marks a significant move...

The Department of Financial Services (DFS), Ministry of Finance, hosted the Digital Payments Awards 2025 at Vigyan Bhawan, New Delhi, to acknowledge top-performing banks and fintech companies for their contribution to strengthening India’s digital payments ecosystem. The event was presided over by Union Finance and Corporate Affairs Minister, Nirmala Sitharaman,...

In a move aimed at enhancing international travel spending experiences for Indian consumers, RuPay and JCB International have announced a limited-period cashback offer for RuPay JCB Debit and Credit cardholders. The campaign, which runs from June 15 to August 31, 2025, allows eligible cardholders to avail 25% cashback on in-store...

In a major step towards tackling spam calls and messages, the Telecom Regulatory Authority of India (TRAI) has launched a Pilot Project for Digital Consent Management in partnership with the Reserve Bank of India (RBI) and select banks. TRAI observed that many complaints about spam are linked to businesses that...