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Tag: paytm payments bank

Summary of New-Age Tech Stocks Performance This Week

In an unexpected twist during the weekend's trading session, Paytm, one of India's leading fintech giants, witnessed a notable decline in its stock price,...

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Investigation Launched Into Paytm Payments Bank Over Alleged Breaches

In the midst of the unfolding situation at Paytm, the Reserve Bank of India (RBI) has reportedly requested the Directorate of Enforcement (ED) to...

MP Supriya Sule Flags Concerns Over Foreign-Owned Fintechs: Calls PhonePe & Google Pay “Ticking Bombs”

In a recent discussion on the Indian economy in the Lok Sabha, Nationalist Congress Party (NCP) Member of Parliament (MP) Supriya Sule expressed apprehensions...

India’s incredible shrinking fintech pioneer

Paytm is India’s iconic fintech business, founded by Vijay Shekhar Sharma in 2010 to ‘Pay Through Mobile’. The business achieved several milestones but became...

Meta’s Boss Mark Zuckerberg apologizes parents at US senate hearing

Here is the top trending news from the world of technology. News that every tech enthusiast should keep a tab on. 1) Meta’s Boss Mark Zuckerberg...

Fintech Nexus Newsletter (January 31, 2024): Apple releases usage details on the Apple Card for the first time

Yesterday, Apple shared details on Apple Card usage for the first time. The card was introduced in 2019 and since then it has acquired 12 million users,...

Paytm Payments Bank: Redefining Banking for the Digital Age

The development of mobile wallets and digital payment systems has transformed the banking landscape, redefining how we conduct financial transactions. Paytm Payments Bank, a pioneer in India's...

Why has RBI Crackdown on Paytm Payment Bank

Paytm on Friday probably faced its biggest regulatory crackdown since it got listed on the bourses last year. India’s Central Bank, Reserve Bank of India, issued a press release on Friday announcing that it has directed Paytm Payments Bank to stop onboarding new customers from immediate effect. RBI has cited ‘material supervisory’ concerns observed in [...]

The post Why has RBI Crackdown on Paytm Payment Bank appeared first on Platform to Showcase Innovative Startups and Tech News.

In Asia Pacific, Super Apps Are Leading the Digital Banking Race

In Asia-Pacific (APAC), super-apps are not only redefining consumers expectations in banking; these platforms are straight out leading the digital banking race, according...

Cryptocurrencies Will Soon Get A Legal Status In India: HDFC Report

India’s largest banking institution – HDFC Bank – has recently published a report wherein it states that it’s just a matter of time when Indian investors will have legal access to digital currencies. The banking giant recently published a report dubbed “Cryptocurrencies: Fad or Forever?”, the bank’s treasury team led by chief economist Abheek Barua

The post Cryptocurrencies Will Soon Get A Legal Status In India: HDFC Report appeared first on Coingape.

Digital Banking: India based Paytm Payments Bank Reports Strong Growth and Continued Support for UPI

India-based Paytm Payments Bank Ltd (PPBL) says it’s “revolutionizing” the nation’s digital banking sector which has grown significantly during the past four years. Today,...

Paytm Shuts Crypto Transactions, WazirX to Use P2P for Trading

Among all the other payment services that had their services linked with crypto exchanges, Paytm has stopped crypto transactions with WazirX.

Paytm Payments Bank will no longer work with 3 crypto exchanges

TL;DR Breakdown • PayTm restricts business with crypto exchanges.• WazirX will include two banking channels. Paytm Payments Bank, India’s exchange system, has stopped supporting various crypto exchange platforms. Crypto exchange systems which include ZebPay, WaziX, and CoinSwitch Kuber are no longer backed by the Uttar Pradesh, India-based company. The move is another setback for the […]

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