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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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Indian Economy Strong Enough to Handle Global Shocks: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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JPMorgan Rebrands Blockchain Division from ‘Onyx’ to ‘Kinexys’ and Unveils New Features
JPMorgan has rebranded its blockchain unit, originally known as ‘Onyx,’ to ‘Kinexys,’ reflecting its strategic vision for Web3 adoption. The rebranding introduces a suite of new financial products and services, placing blockchain technology at the core of its offerings.
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Video: Toxic Foam On Yamuna In Delhi Raises Concern As Chhath Puja Begins
As the four-day Chhath festival begins with the traditional 'Nahay Khay' on Tuesday, a disturbing sight marred the religious fervour along the banks of the Yamuna River near Kalindi Kunj in Delhi.
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Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
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Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
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AI's Rise Could Threaten Financial Stability, Warns RBI Governor
The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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Account Holders In 3 ICICI Bank Branches In Andhra Pradesh Lose Rs 28 Crore
Account holders in three branches of ICICI Bank in Andhra Pradesh's Palnadu and NTR districts have lost about Rs 28 crore.
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Sweden Classifies Some Crypto Exchanges as ‘Professional Money Launderers’
Sweden has classified some crypto exchange service providers as professional money launderers claiming that crypto exchanges are often used by criminals to launder proceedings from all types of crimes via cryptocurrency. Sweden blames crypto exchanges for playing a crucial role in maintaining the criminal economy while also harbouring underground b...
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Here's How Amazon is Making Purchase Experience Better for Customers Ahead of Great Indian Festival Sale
The festive season is upon us, and with it comes the most anticipated sales event of the year: Amazon’s Great Indian Festival. In its 2024 edition, the online retail giant is not just rolling out massive discounts but redefining how consumers shop, upgrade, and enjoy their purchases. Through strategic partnerships, innovative financing options, a...
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Sensex Closes At Record High, Adani Green Soars 7.59%, Adani Power Gains 5.45%
Indian equity indices closed at record high due to gains in heavyweights like ICICI Bank and L&T.
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Standard Chartered Bank Announces Digital Custody Service for Bitcoin, Ether in UAE
London-headquartered Standard Chartered bank launched a custody service for digital assets in the UAE. As per Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, the newly launched service goes beyond just simple wallet offerings.
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Meta Says its Llama AI Models Being Used by Banks, Tech Companies
Meta's Llama AI models are seeing a rise in use, the company headed by Mark Zuckerberg said. The mostly free-of-charge Llama models have been downloaded almost 350 million times since Meta began releasing them publicly last year.
-
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.
-
Indian Economy Strong Enough to Handle Global Shocks: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
JPMorgan Rebrands Blockchain Division from ‘Onyx’ to ‘Kinexys’ and Unveils New Features
JPMorgan has rebranded its blockchain unit, originally known as ‘Onyx,’ to ‘Kinexys,’ reflecting its strategic vision for Web3 adoption. The rebranding introduces a suite of new financial products and services, placing blockchain technology at the core of its offerings.
-
Video: Toxic Foam On Yamuna In Delhi Raises Concern As Chhath Puja Begins
As the four-day Chhath festival begins with the traditional 'Nahay Khay' on Tuesday, a disturbing sight marred the religious fervour along the banks of the Yamuna River near Kalindi Kunj in Delhi.
-
Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
-
Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
-
AI's Rise Could Threaten Financial Stability, Warns RBI Governor
The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
Account Holders In 3 ICICI Bank Branches In Andhra Pradesh Lose Rs 28 Crore
Account holders in three branches of ICICI Bank in Andhra Pradesh's Palnadu and NTR districts have lost about Rs 28 crore.
-
Sweden Classifies Some Crypto Exchanges as ‘Professional Money Launderers’
Sweden has classified some crypto exchange service providers as professional money launderers claiming that crypto exchanges are often used by criminals to launder proceedings from all types of crimes via cryptocurrency. Sweden blames crypto exchanges for playing a crucial role in maintaining the criminal economy while also harbouring underground b...
-
Here's How Amazon is Making Purchase Experience Better for Customers Ahead of Great Indian Festival Sale
The festive season is upon us, and with it comes the most anticipated sales event of the year: Amazon’s Great Indian Festival. In its 2024 edition, the online retail giant is not just rolling out massive discounts but redefining how consumers shop, upgrade, and enjoy their purchases. Through strategic partnerships, innovative financing options, a...
-
Sensex Closes At Record High, Adani Green Soars 7.59%, Adani Power Gains 5.45%
Indian equity indices closed at record high due to gains in heavyweights like ICICI Bank and L&T.
-
Standard Chartered Bank Announces Digital Custody Service for Bitcoin, Ether in UAE
London-headquartered Standard Chartered bank launched a custody service for digital assets in the UAE. As per Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, the newly launched service goes beyond just simple wallet offerings.
-
Meta Says its Llama AI Models Being Used by Banks, Tech Companies
Meta's Llama AI models are seeing a rise in use, the company headed by Mark Zuckerberg said. The mostly free-of-charge Llama models have been downloaded almost 350 million times since Meta began releasing them publicly last year.
