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"Rs 2 Lakh Fee For Class 3": Coinswitch CEO Highlights Major Issue Of Rising School Fees In India
Mr Singhal urged fintech companies and policymakers to find ways to support middle-class families struggling with rising school fees.
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IITian Founder's Strong-Worded Response To Candidate's Last-Minute Job Rejection: "Reflects Poorly..."
Mr Shetty assured the engineer that his workplace is flexible and that they could have found a solution if he had approached them instead of outright refusing to join.
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Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
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Policybazaar Co-Founder Alok Bansal Vows Support To Pahalgam Victims' Families
PB Fintech, the parent company of Policybazaar and Paisabazaar, is creating a foundation to support all impacted families of the Pahalgam terror attack in which 26 people were killed, co-founder Alok Bansal said.
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Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
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Ripple Signals Intent to Launch Wallet Service in New Trademark Filing: Reports
A new trademark filing from Ripple seeks approval for “downloadable software” for crypto custody, potentially signalling plans for a wallet service. In 2024, Ripple launched a crypto custody service for banks and fintech firms but has yet to introduce a wallet service.
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RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
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OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ
The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. As part of the settlement, its parent company, Aux Cayes FinTech, paid an $84 million (roughly Rs. 731 crore) penalty and forfeited $421 million (roughly Rs. 3,667 crore) in fees, primarily collected from a few institutional clients.
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Tech Company Stops Hiring Humans, CEO Says AI Capable Of All Office Tasks
Klarna, a leading "buy now, pay later" fintech provider, has halted human hiring and relies on artificial intelligence (AI) to perform tasks once handled by hundreds of employees.
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Swedish Fintech Company Stopped All Hiring Since Last Year Replacing Workers With AI
Klarna said earlier this year that its AI assistant, which is powered by OpenAI, is doing the work of 700 full-time customer service agents.
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Goldman Sachs Plans to Spin Out Blockchain-Based Digital Assets Platform : Report
Goldman Sachs is working to create a crypto platform. The company, presently, is in talks with various other fintech and Web3 firms which, it feels, have the potential to become partners and load the crypto platform with various features.
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CRED Cancels Jackpot Prize Worth Rs 3.25 Lakh Over "Bug" In System
A Delhi man was left disappointed after Fintech company CRED cancelled his jackpot win worth Rs 3.25 lakh.
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Google Pay Announces UPI Circle, UPI Vouchers and More Features at Global Fintech Fest 2024
Google Pay, the Unified Prepaid Interface (UPI) payments app, announced new features at the Global Fintech Fest (GFF) 2024. The company said that these new features, which will be rolled out later this year, will make it easier for users to make payments and transact through the app. Some of the features announced at the GFF include UPI Circle, UPI...
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SEBI Notice To Paytm On 2.1 Crore Employee Stock Options To CEO, Firm Says...
Market regulator Sebi has issued notice to fintech firm One97 Communications, which owns the Paytm brand, in the March 2024 quarter on employee stock options given to its MD and CEO Vijay Shekhar Sharma, according to the company filing.
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Paytm In Talks With Zomato To Sell Movie Ticketing Business: Report
Paytm is in talks with Zomato to sell its movie and events ticketing business, according to people familiar with the matter, as the beleaguered fintech company carves a revival strategy amid weakening sales.
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"Rs 2 Lakh Fee For Class 3": Coinswitch CEO Highlights Major Issue Of Rising School Fees In India
Mr Singhal urged fintech companies and policymakers to find ways to support middle-class families struggling with rising school fees.
-
IITian Founder's Strong-Worded Response To Candidate's Last-Minute Job Rejection: "Reflects Poorly..."
Mr Shetty assured the engineer that his workplace is flexible and that they could have found a solution if he had approached them instead of outright refusing to join.
-
Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
-
Policybazaar Co-Founder Alok Bansal Vows Support To Pahalgam Victims' Families
PB Fintech, the parent company of Policybazaar and Paisabazaar, is creating a foundation to support all impacted families of the Pahalgam terror attack in which 26 people were killed, co-founder Alok Bansal said.
-
Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
-
Ripple Signals Intent to Launch Wallet Service in New Trademark Filing: Reports
A new trademark filing from Ripple seeks approval for “downloadable software” for crypto custody, potentially signalling plans for a wallet service. In 2024, Ripple launched a crypto custody service for banks and fintech firms but has yet to introduce a wallet service.
-
RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
-
OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ
The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. As part of the settlement, its parent company, Aux Cayes FinTech, paid an $84 million (roughly Rs. 731 crore) penalty and forfeited $421 million (roughly Rs. 3,667 crore) in fees, primarily collected from a few institutional clients.
-
Tech Company Stops Hiring Humans, CEO Says AI Capable Of All Office Tasks
Klarna, a leading "buy now, pay later" fintech provider, has halted human hiring and relies on artificial intelligence (AI) to perform tasks once handled by hundreds of employees.
-
Swedish Fintech Company Stopped All Hiring Since Last Year Replacing Workers With AI
Klarna said earlier this year that its AI assistant, which is powered by OpenAI, is doing the work of 700 full-time customer service agents.
-
Goldman Sachs Plans to Spin Out Blockchain-Based Digital Assets Platform : Report
Goldman Sachs is working to create a crypto platform. The company, presently, is in talks with various other fintech and Web3 firms which, it feels, have the potential to become partners and load the crypto platform with various features.
-
CRED Cancels Jackpot Prize Worth Rs 3.25 Lakh Over "Bug" In System
A Delhi man was left disappointed after Fintech company CRED cancelled his jackpot win worth Rs 3.25 lakh.
-
Google Pay Announces UPI Circle, UPI Vouchers and More Features at Global Fintech Fest 2024
Google Pay, the Unified Prepaid Interface (UPI) payments app, announced new features at the Global Fintech Fest (GFF) 2024. The company said that these new features, which will be rolled out later this year, will make it easier for users to make payments and transact through the app. Some of the features announced at the GFF include UPI Circle, UPI...
-
SEBI Notice To Paytm On 2.1 Crore Employee Stock Options To CEO, Firm Says...
Market regulator Sebi has issued notice to fintech firm One97 Communications, which owns the Paytm brand, in the March 2024 quarter on employee stock options given to its MD and CEO Vijay Shekhar Sharma, according to the company filing.
-
Paytm In Talks With Zomato To Sell Movie Ticketing Business: Report
Paytm is in talks with Zomato to sell its movie and events ticketing business, according to people familiar with the matter, as the beleaguered fintech company carves a revival strategy amid weakening sales.
