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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.

Cashfree pilots cross-border payments with Swiggy, Nykaa, others

Cashfree pilots cross-border payments with Swiggy, Nykaa, others

11 Nov 2024, 16:37 PM

The Bengaluru-based company is "piloting with half a dozen sizable merchants that will be over by the end of this year."

The Payment Aggregator Paradox: License to Struggle?

The Payment Aggregator Paradox: License to Struggle?

24 Jul 2024, 07:13 AM

The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.

What went wrong with payment aggregator plans of Stripe, Zomato?

What went wrong with payment aggregator plans of Stripe, Zomato?

04 Jun 2024, 10:23 AM

In the past six months, the RBI has granted final PA licenses to 30 companies. Out of these, one has surrendered its license, and another has put its plans on hold.

RBI asks Visa, Mastercard to halt commercial card-based vendor payments

RBI asks Visa, Mastercard to halt commercial card-based vendor payments

19 Feb 2024, 22:13 PM

Visa has sent out a communication to its fintech partners asking them to stop Business Payment Service Provider (BPSP) transactions.

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Fintech Highlights

  1. Peak XV Partners raises $1.3 billion first fund after Sequoia split

  2. Rajeev Ahuja steps down as executive director from RBL Bank

  3. Razorpay, NPCI join hands to launch AI powered payments on Claude

  4. PhonePe gets AI search feature using Microsoft Foundry

  5. CoinDCX announces ESOP buyback worth Rs 111 crore
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AI/Emerging Tech

  1. Datoms raises Series A funding led by Big Capital JSC

  2. Sarvam AI launches Indus chat app

  3. Portkey raises Series A funding led by Elevation Capital

  4. Sarvam AI unveils two foundational LLMs

  5. Reliance plans to invest $110 billion to build India's AI infra
  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
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Money & Machines

  1. AI everywhere. Fintech...somewhere; India's AI groundwork

  2. The Wegofin episode; India's AI optics vs spending reality

  3. Watergate's legacy meets the scarcity of money and the rise of AI

  4. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar