#Security Breach

As AI reshapes payments, security needs the industry in the room

UPI in July: Securities transactions jump, digital gold purchases dip

The value of securities brokers and dealer transactions via the unified payments interface (UPI) jumped 21.01% month-on-month to Rs 73,752.37 crore in July from Rs 60,945.24 crore in June.

Paytm CEO, CFO get SEBI notice over 2023 small-loan disclosure

The matter relates to Paytm’s December 6, 2023 announcement that it would reduce the distribution of personal loans below Rs 50,000, particularly its postpaid loans.

Skyroot Aerospace-backer Aum Ventures marks first close of second fund

More than 65% of the commitments for the first close came from overseas Limited Partners (LPs), or investors.

Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?

Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.

Bank of Baroda faces alleged 1TB data leak

The bank has not issued a statement of any breach yet but the scale of the claim has triggered alarm among cybersecurity watchers.

UPI in June: Overall merchant payments fall, digital gold purchase value climbs

Online marketplaces saw growth both in terms of volume and value in June 2026, according to NPCI data.

Capillary Technologies hit by cyber fraud at overseas subsidiary

Capillary added it has recovered around Rs 4.9 crore and has identified additional funds while securing the freezing of related bank accounts.

India working on tighter regulations for VPN providers

The proposed framework could require VPN companies to establish a local presence in India, appoint compliance officers and designate officials to coordinate with government agencies.

Paytm secures Luxembourg payments licence to expand European operations

The licence allows Paytm Europe to offer a range of payment services, including processing payment transactions, handling transactions backed by credit facilities, and merchant payment acquiring services.

Dhan parent Raise Securities' FY26 net profit falls 20% to Rs 326 crore

Its net operating revenue rose 14% year-on-year to Rs 904.9 crore.

UPI in May: Broker, digital gold transaction value fall

The total value of merchant category-wise purchases through the Unified Payments Interface (UPI) increased to Rs 8.72 lakh crore across 14,721.30 million transactions in May 2026.

Anthropic confidentially files for IPO

The filing comes days after Anthropic raised $65 billion at a valuation of $965 billion, making it the world's most valuable AI startup ahead of OpenAI.

Money & Machines: Federal's shift from co-brands to control; When AI turns hacker

The card strategy of the fintech-friendly Federal Bank; and on the AI front we write, as AI systems begin to autonomously find and exploit vulnerabilities, cybersecurity is entering a new phase.

PB Fintech cofounders offload shares worth Rs 665 crore via block deals

Several institutional investors picked up the shares, including Goldman Sachs, Morgan Stanley, Societe Generale, Kotak Securities, Tata Mutual Fund and BNP Paribas.

Oister Global rolls out Rs 500 crore third secondaries fund

The total corpus includes a greenshoe option of Rs 250 crore.

RBI cancels registrations of 150 NBFCs across India

A majority of the affected entities were registered in West Bengal and Delhi.

A payments scare and an AI funding reality check

In this Money & Machines edition, we write on how payments are scaling faster than the defences protecting them; and India AI ambitions looks skewed as homegrown VCs look west for conviction.

The Economics of Gandhi

In this edition of Money & Machines, we look to our Father of our Nation Mahatma Gandhi as the country remembered him on his birth anniversary on October 2.

ADIA sells entire stake in MobiKwik

ADIA had first invested in MobiKwik in 2021, putting Rs 14.89 crore at a $700 million valuation.