Page 6 of Fintech

RBI bolsters scrutiny of fintechs with more inspections

Fintech firms and their investors were given a foretaste of that stricter approach last month when the central bank ordered…

Updated: February 21, 2024 16:20 IST

Digital investment platform Bigul to expand the team strength by 400

This expansion initiative positions Bigul for information technology, service and product management, data analysis, business analysis, and development within the…

February 21, 2024 14:09 IST

Fintech firms to be sensitised about regulatory compliance

FM to meet chiefs of payment apps, others on Monday

February 21, 2024 03:15 IST

RBI’s warning to fintechs: How do international compliance standards impact fintechs in India? Know about GDPR or AML directives

Rishi Agrawal, CEO and Co-Founder, Teamlease RegTech, talked to FinancialExpress.com on international compliance standards such as GDPR or AML (Anti-Money…

February 19, 2024 09:49 IST

RBI, fintechs, fintech company, Paytm, Paytm Payments Bank, Pytm crisis, regulatory norms, compliance, licenses, financial health, stakeholders, deposits, lending

RBI’s warning to fintechs: What are various licenses required for operating fintech company in India? Find out here

In a conversation with FinancialExpress.com, Rishi Agrawal, CEO and Co-Founder, Teamlease RegTech talked about various licenses that are required for…

February 18, 2024 13:43 IST

fintech companies, fintech, regulatory frameworks, compliance, RBI, Paytm, regulatory action, financial services, tokenisation norms

RBI’s warning to fintech: Know more on top compliance measures, regulatory frameworks for industry players

In an exclusive conversation with Financial Express Online, Rishi Agrawal, CEO and Co-Founder, Teamlease RegTech, talked about various compliance measures…

February 16, 2024 16:07 IST

Japan’s Mizuho Bank acquires 15 per cent stake in Credit Saison India for Rs 1,200 crore

This is Credit Saison’s first investment from an external investor, a statement from CS India said.

Updated: February 13, 2024 15:17 IST

jyc, know your customer, fintech, fintechs in india, india fintech startups

KYC in smaller cities a huge challenge: Fintechs

Fintechs say that higher costs and a weak technology infrastructure has made the know-your-customer (KYC) process very difficult.

February 12, 2024 01:30 IST

Fintech platform GroMo distributes Rs 100 crore in payouts to partner agents

GroMo’s tech-enabled community-driven platform bridges the financial literacy gap by offering a diverse range of over 160 financial products, including…

February 10, 2024 16:28 IST

fintech, finance startups, fintech startups, startups, industry

Govt meets fintechs, banks to tackle cyber frauds

The meeting, which was a follow-up on the November 28 meeting, focused on assessing the preparedness of banks and financial…

February 10, 2024 02:15 IST

India, fintech revolution, BFSI sector, e-commerce, top news, latest new, business news, e-commerce,

What next for India’s fintech revolution?

With AI, cyber-risks will pose a significant threat. But the challenges can spur agile and proactive regulatory resposes to safeguard…

January 23, 2024 04:00 IST

Upskilling: Why finance guys need to study fintech

Such a study should be a structured programme, like a master’s degree

January 22, 2024 04:00 IST

SBL Energy, funding, investors, manufacturing capacity, new launches, investment, explosives

Fintech funding falls 63% in 2023; $2 billion raised compared to $5.4 billion in 2022

Last year saw only 144 funding rounds in fintechs, a sharp decline from the 504 funding rounds the sector had…

January 5, 2024 01:50 IST

Noida’s 100-acre fintech park to eye financial services development – all details here

The fintech park will come up in the vicinity of the under-construction Jewar International Airport which will commence operations in…

December 28, 2023 06:00 IST

SSOT is the secret sauce to transform and democratize data management in financial institutions

What were the notable advancements and challenges in the intersection of AI and fintech in 2023

Fintech companies operating at the intersection of AI and finance faced a complex web of regulatory requirements

December 25, 2023 10:30 IST

Globally, mental health is positioned at the forefront

Empowering India: Transformative strategies for grassroots financial inclusion through technology

Empowering communities through education is believed to be key to driving financial literacy

December 23, 2023 11:15 IST

job cuts, layoffs, american startup, US fintech startup, e-commerce startup, e-commerce, job cuts in india

US fintech startup Bolt confirms 29% staff cut amid restructuring for sustainable growth and efficiency

These layoffs, occurring last week, are part of several previous staff cuts made by Bolt since 2022.

December 19, 2023 12:11 IST

fintech, monsoon session, lok sabha news, lok sabha today, msme news, fintech news, india fintech, parliament, parliament questions and answers, modi government

PSBs’ debt services outsourcing boosts Pepper Advantage

Pepper Advantage is a global credit intelligence, management and investment company that helps public sector and private sector banks, fintechs…

December 13, 2023 01:15 IST

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DPDP rollout to push tech costs up 10–30% for firms

Industry18 min ago

The implementation of DPDP rules will result in a 10-30% increase in IT and tech budgets for enterprises, with SMEs and startups allocating a significant portion of their budgets for compliance. This includes system redesign, data retention updates, and preparing for mandatory breach reporting. Despite initial costs, this shift could ultimately reduce the risk of disputes and data breaches.

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