The Expert Committee on developing the Gujarat International Finance Tech-City International Financial Services Centre (GIFT IFSC) as a 'Global Finance and Accounting Hub' has submitted its report to the International Financial Services Centre Authority's (IFSCA) Chairperson on March 26, 2024. Formed in response to a January 18, 2024, directive from...
Visa, a digital payments company, has become a founding partner and co-host of the Dubai Fintech Summit (DFS), organized by the Dubai International Financial Centre (DIFC). Visa's partnership with DFS through a strategic three-year agreement, shows its strong commitment to the fintech community. The company is supporting fintechs through its...
Unified Payments Interface (UPI) has revolutionized the way individuals in India carry out financial transactions. With its convenience and accessibility, UPI has become increasingly popular for transferring funds, paying bills, and making purchases. However, as with any digital platform, UPI is not immune to scams and fraud. Cybercriminals are continuously...
India's startup ecosystem has been a key driver of economic growth, innovation, and job creation over the past few years. According to a recent report by the Confederation of Indian Industry (CII) titled ‘Unicorn 2.0: Adding the next trillion’, India's startup ecosystem is likely to add $1 trillion to the...
The National Payments Corporation of India (NPCI) has approved One 97 Communications Limited (OCL), which owns the brand Paytm, to participate in the Unified Payments Interface (UPI) as a Third-Party Application Provider (TPAP) under the multi-bank model. "NPCI grants approval to One97 Communications Limited (OCL) to participate in UPI as...
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