Digital Banking

The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...

Sony Bank has released an NFT app named ‘Connect’, aiming to let its customers hold, trade, and collect digital collectibles. While the app is not yet available in India, Google Play Store statistics show that the newly launched app has already surpassed a thousand downloads.

India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India (RBI) report released on Monday.

Our reliance on platforms is too critical to allow the 'single-system dependency' to continue unchecked. Let's push for diversity in our tech solutions to safeguard our digital - and physical - lives.

The Central Bank of Iran (CBI) is spearheading the trial phase for the digital rial. The trial will be implemented June 21. For now, this trial will remain limited to the Kish Island.

Brazil’s largest bank Itau Unibanco has opened crypto trading services for its massive userbase of over 60 million. Guto Antunes, the head of Itaú Digital Assets said that the acceptance of the crypto trading service was high. The bank had conducted weekly surveys with the clients that were part of the trials.

RBI (Reserve Bank of India) and NPCI International Payments Ltd (NIPL) are working on expanding UPI to 20 countries by 2028 or 2029, according to RBI's annual report. The central bank is in talks with central banks of various countries for entering into collaborative arrangements according to the Payments Vision Document 2025.

Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...

JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...

Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.

The Supreme Court today sought a response from the Centre, the Reserve Bank of India and others on a plea seeking an alternate digital KYC (Know Your Customer) process for acid attack survivors and individuals with permanent eye damage.

Germany’s third largest state-owned bank, Kreditanstalt fuer Wiederaufbau (KfW) has decided to join the global list of lenders that are experimenting with blockchain. In the coming days, KfW has planned to launch its first ever blockchain-based digital bond.

Amazon Great Summer Sale 2024 is live with discounts on DSLRs, mirrorless cameras, and action cameras. The ongoing Amazon sale has brought discounts on cameras from Sony, Canon, Nikon, Fujifilm, GoPro, and Insta360. You can also take advantage of eligible bank card discounts and coupon offers during the ongoing Amazon Great Summer Sale 2024.

Online fraud is increasing in today's world where digital transactions have become the norm. Scammers are getting smarter.

Casio has launched an NFT series with eight digital art pieces that have been created in partnership with Astar zkEVM. Banking on Japan’s gaming culture, Casio’s NFTs will be made available on Astar’s Yogi Origin game.

The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...

Sony Bank has released an NFT app named ‘Connect’, aiming to let its customers hold, trade, and collect digital collectibles. While the app is not yet available in India, Google Play Store statistics show that the newly launched app has already surpassed a thousand downloads.

India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India (RBI) report released on Monday.

Our reliance on platforms is too critical to allow the 'single-system dependency' to continue unchecked. Let's push for diversity in our tech solutions to safeguard our digital - and physical - lives.

The Central Bank of Iran (CBI) is spearheading the trial phase for the digital rial. The trial will be implemented June 21. For now, this trial will remain limited to the Kish Island.

Brazil’s largest bank Itau Unibanco has opened crypto trading services for its massive userbase of over 60 million. Guto Antunes, the head of Itaú Digital Assets said that the acceptance of the crypto trading service was high. The bank had conducted weekly surveys with the clients that were part of the trials.

RBI (Reserve Bank of India) and NPCI International Payments Ltd (NIPL) are working on expanding UPI to 20 countries by 2028 or 2029, according to RBI's annual report. The central bank is in talks with central banks of various countries for entering into collaborative arrangements according to the Payments Vision Document 2025.

Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...

JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...

Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.

The Supreme Court today sought a response from the Centre, the Reserve Bank of India and others on a plea seeking an alternate digital KYC (Know Your Customer) process for acid attack survivors and individuals with permanent eye damage.

Germany’s third largest state-owned bank, Kreditanstalt fuer Wiederaufbau (KfW) has decided to join the global list of lenders that are experimenting with blockchain. In the coming days, KfW has planned to launch its first ever blockchain-based digital bond.

Amazon Great Summer Sale 2024 is live with discounts on DSLRs, mirrorless cameras, and action cameras. The ongoing Amazon sale has brought discounts on cameras from Sony, Canon, Nikon, Fujifilm, GoPro, and Insta360. You can also take advantage of eligible bank card discounts and coupon offers during the ongoing Amazon Great Summer Sale 2024.

Online fraud is increasing in today's world where digital transactions have become the norm. Scammers are getting smarter.

Casio has launched an NFT series with eight digital art pieces that have been created in partnership with Astar zkEVM. Banking on Japan’s gaming culture, Casio’s NFTs will be made available on Astar’s Yogi Origin game.