The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring the distributed led...

ICICI Bank on Thursday said nearly 17,000 credit cards issued recently have been erroneously mapped to the wrong users in digital channels.

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.

Reliance Digital's Digital Discount Days Sale will start in India from April 6 to April 15, the company has announced. During this sale, a wide range of electronic items will be offered at lowered prices. Alongside discounts, customers will also be eligible to access additional exchange and bank offers. Products like smartphones, smart TVs, laptops, tablets, soundbar...

In a now-viral video, food influencer Nikhil Chawla explains how his father became the victim of a fraud perpetrated by people pretending to be from Swiggy.

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is being enabled throu...

SWIFT, the global bank messaging network, plans to launch a new platform that will connect central bank digital currencies (CBDCs) to the existing finance system within the next two years. Its existing network is usable in over 200 countries and connects more than 11,500 banks and funds.

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.

Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.

Kazuo Ueda, the governor of the Bank of Japan (BoJ) has backed the emergence of a national CBDC saying that it could facilitate faster payments of bigger denominations among noting other potential benefits.

RBI expects to launch interoperability of digital payment systems for internet banking in 2024 to enable faster fund settlements for merchants, Governor Shaktikanta Das said on Monday.

Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.

Paytm CEO Vijay Shekhar Sharma on Monday resigned as non-executive chairman and board member of Paytm Payments Bank, amid ongoing regulatory challenges faced by the digital payments giant.

Digital payments firm Paytm said on Monday that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.

FASTag in India is a digital toll ticket that makes paying for highway tolls quick and automatic.

The Reserve Bank of India has come out with additional measures to ensure seamless digital transactions via unified payments interface or UPI.

The Enforcement Directorate has launched a money laundering probe against digital payments Paytm Payments Bank Ltd, sources told NDTV Wednesday afternoon.

The Employees' Provident Fund Organisation (EPFO) has issued an order asking officers to refrain from accepting claims linked with accounts in Paytm Payments Bank. The move comes after the RBI recently directed Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March.

DBS Group Holdings Limited's fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta's compensation got hit due to digital disruptions

Paytm shares climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO had met Finance Minister Nirmala Sitharaman and the RBI to try to resolve a regulatory crackdown on its payments bank business.

Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate.

The RBI on Wednesday ordered Paytm Payments Bank Ltd (PPBL or the bank), an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from February 29, 2024.