Npci

UPI frauds: 6.32 lakh fraud cases worth Rs 485 crore in April-September

UPI frauds: 6.32 lakh fraud cases worth Rs 485 crore in April-September

26 Nov 2024, 22:45 PM

According to the data revealed by the Ministry of Finance in a reply to Parliament, UPI fraud incidents surged by 85% in FY24.

Sachin Bansal

Sachin Bansal's Navi overtakes Cred as fourth largest UPI player

19 Nov 2024, 00:58 AM

Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.

NPCI asks fintechs to stop ‘unauthorized’ use of UPI IDs

NPCI asks fintechs to stop ‘unauthorized’ use of UPI IDs

24 Oct 2024, 17:42 PM

The unauthorized use of UPI IDs include, accessing customer names, bank account statuses, alternate UPI IDs, and verify customer mobile numbers.

Paytm receives regulator

Paytm receives regulator's approval to add new UPI users, after 10-month ban

23 Oct 2024, 18:24 PM

The onboarding process was suspended in February this year due to directives from the Reserve Bank of India (RBI).

Navi achieves 5th spot in UPI app ranking in September

Navi achieves 5th spot in UPI app ranking in September

23 Oct 2024, 17:48 PM

PhonePe controls 48% market share in terms of volume of transactions; Google Pay (37.4%) and Paytm (7%).

UPI 30% volume cap to even miss December 2024 deadline

UPI 30% volume cap to even miss December 2024 deadline

19 Feb 2024, 22:03 PM

In April 2024, PhonePe held 48.3% market share in terms of the total UPI volume processed; while Google Pay captured 37.4% share.

Fintech Highlights

  1. ADIA sells entire stake in MobiKwik

  2. InCred Money launches new scheme to invest in digital gold and silver

  3. Slice appoints former RBI executive Eugene Karthak as part-time chairman, independent director

  4. ADIO signs MoU with Ant International to strengthen Abu Dhabi's fintech ecosystem

  5. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card
  6. Read more news...

AI/Emerging Tech

  1. Anthropic raises $13 billion in Series F at $183 billion post-money valuation

  2. Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises

  3. Vertiv acquires Generative AI software firm Waylay

  4. Tessolve raises $150 million from TPG

  5. Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality