Artificial intelligence in banking will shift from customer-facing chatbots to deeper operational layers, treasury, risk and compliance, where the biggest and most durable gains are expected, Livemint reports. At the ET BFSI…
The Unified Payments Interface (UPI) completed a decade on August 25, 2026, with annual transaction volumes rising from 1.78 crore in 2016-17 to over 24,162 crore in 2025-26, an almost 13,000-fold increase,…
Using UPI, NEFT, RTGS or IMPS for large payments does not automatically trigger an income tax notice, but unexplained transactions can attract scrutiny, the Income Tax Department's compliance framework focuses on mismatches…
India has reached an extraordinary inflection point, moving from a nation of potential to one defined by scale, speed, and execution, according to an analysis in The Times of India. The article…
India’s fintech companies are trying to turn UPI payments into broader consumer relationships as monthly transactions cross 18 billion. The focus is shifting from processing payments to offering rewards, shopping and financial…
Bengaluru-based ToneTag is working to evolve India's ubiquitous soundbox from a payment-alert device into a banking interface and a gateway to credit. The company's technology uses encrypted sound waves for transaction data…
ThePrint reports that India's UPI needs reform but warns against US pressure. The US Trade Representative's 2026 report says American firms cannot compete fairly in UPI. PhonePe and Google Pay control 80%…
India has offered to share its modular open-source digital public infrastructure (DPI) frameworks with BRICS nations and train workers jointly to build institutional capacity, Minister of State for Communications Chandra Sekhar Pemmasani…
Navi Finserv plans to enter merchant financing and loans against mutual funds as it looks to expand beyond personal loans, which currently make up 90% of its ₹13,000 crore loan book. The…
ThePrint reports that global media outlets, including The Economist and the Financial Times, have characterized the Narendra Modi government's push for symbols like Vande Mataram and the saffron colour as part of…
