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UPI Adoption In France Drives 40% Surge In Indian Tourists: French Firm
Growing adoption of India's UPI in France has led to a significant increase in the number of Indian tourists visiting the country, according to Christophe Mariette, Chairman of Lyra Network.
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UK Fintech Firm Revolut To Launch Payments Platform In India, Aims 20 Million Users By 2030
London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India, its first foray into one of the world's largest digital payments markets, as part of a planned global expansion.
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Raj Kundra Transferred 15 Crores To Shilpa Shetty's Firm: Police Sources
The Economic Offences Wing (EOW) of the Mumbai Police has made a significant revelation in the ongoing investigation into the alleged Rs 60 crore fraud involving businessman Raj Kundra and actress Shilpa Shetty.
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Google Confirms Plans for GCUL Layer-1 Blockchain Project for Financial Institutions
Google Cloud has unveiled the Google Cloud Universal Ledger (GCUL), a new Layer-1 blockchain designed for financial institutions. The platform will support asset tokenisation, cross-border settlements, and Python-based smart contracts, offering a neutral foundation for banks, exchanges, and payment firms. Backed by Google Cloud’s scale, GCUL aims...
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"Pay Rs 80 Crore Or Face Baba Siddiqui's Fate": Mumbai Businessman Gets Threat Calls from Pakistan
Mumbai Police have launched a probe after a 51-year-old businessman filed a complaint alleging death threats and extortion attempts linked to gangster Chhota Shakeel's network.
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Visa, Mastercard Race to Capture a $253 Billion Crypto Threat
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense.
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HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
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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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Spotify's US App Update with Purchase Links Gets Apple Approval
Spotify said on Friday its US app update has secured Apple's approval to show pricing information and external payment links. The Swedish streaming giant, along with several other tech firms, had been at loggerheads with Apple over its App Store policies, which required developers to pay a commission on in-app purchases, including subscriptions.
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Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe
Mastercard has teamed up with Kraken to enable card-based crypto payments for day-to-day purchases. In the coming weeks, Kraken will be launching physical and digital debit cards to facilitate payments through crypto.
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Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
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Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
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Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
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Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
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Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
-
UPI Adoption In France Drives 40% Surge In Indian Tourists: French Firm
Growing adoption of India's UPI in France has led to a significant increase in the number of Indian tourists visiting the country, according to Christophe Mariette, Chairman of Lyra Network.
-
UK Fintech Firm Revolut To Launch Payments Platform In India, Aims 20 Million Users By 2030
London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India, its first foray into one of the world's largest digital payments markets, as part of a planned global expansion.
-
Raj Kundra Transferred 15 Crores To Shilpa Shetty's Firm: Police Sources
The Economic Offences Wing (EOW) of the Mumbai Police has made a significant revelation in the ongoing investigation into the alleged Rs 60 crore fraud involving businessman Raj Kundra and actress Shilpa Shetty.
-
Google Confirms Plans for GCUL Layer-1 Blockchain Project for Financial Institutions
Google Cloud has unveiled the Google Cloud Universal Ledger (GCUL), a new Layer-1 blockchain designed for financial institutions. The platform will support asset tokenisation, cross-border settlements, and Python-based smart contracts, offering a neutral foundation for banks, exchanges, and payment firms. Backed by Google Cloud’s scale, GCUL aims...
-
"Pay Rs 80 Crore Or Face Baba Siddiqui's Fate": Mumbai Businessman Gets Threat Calls from Pakistan
Mumbai Police have launched a probe after a 51-year-old businessman filed a complaint alleging death threats and extortion attempts linked to gangster Chhota Shakeel's network.
-
Visa, Mastercard Race to Capture a $253 Billion Crypto Threat
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense.
-
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
-
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.
-
Spotify's US App Update with Purchase Links Gets Apple Approval
Spotify said on Friday its US app update has secured Apple's approval to show pricing information and external payment links. The Swedish streaming giant, along with several other tech firms, had been at loggerheads with Apple over its App Store policies, which required developers to pay a commission on in-app purchases, including subscriptions.
-
Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe
Mastercard has teamed up with Kraken to enable card-based crypto payments for day-to-day purchases. In the coming weeks, Kraken will be launching physical and digital debit cards to facilitate payments through crypto.
-
Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
-
Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
-
Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
-
Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
-
Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
