The consortium comprising Google, Facebook and Infibeam Avenue will likely offer its payment services overseas. The NUE, if granted an operating licence, is going to be positioned against global payments giants such as Mastercard and Visa in some markets

Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said

The methodology behind the BT-KPMG Best Banks Survey 2020

Banks' ability to transform themselves with speed and agility to survive the next revolution will determine the winners and losers

Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

Five-year-old Bandhan Bank has expanded its loan book across housing, personal and gold loans in under-served and unbanked geographies

In October last year Amazon Pay and Uber had in a global first announced an association for allowing Uber riders to make contactless, cashless payments using Amazon Pay

How workflow automation is helping organisations become more efficient by reducing errors and operational costs

As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors

Budget 2021: It is expected that Finance Minister Nirmala Sitharaman would offer clarifications on these ambiguities in her third Budget Speech. These announcements will be closely watched by global tech giants, who have expressed their reservations over the digital tax

Given the strategic importance of the technology sector, it is important to ensure that the government continues to support this sector through favourable policies

In India, the regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks, says RBI

Data, technology and governance are coming together as a force to accelerate social change and address the criticality of harnessing the data generated through various e-governance initiatives to optimize decision making.

The increased revenue comes after the government announced mandatory rollout of FASTag from January 1, 2021, though it has allowed hybrid lanes on National Highways till February 15 to avoid inconvenience to people

The investments have been made even though most of the Amazon's business units in India registered losses during the fiscal

With lockdowns heavily restricting physical store sales and consumers flocking to online mode of shopping, 2020 saw a dramatic shift in consumption behaviour and adoption of the digital medium

ICICI bank has collaborated with Google for issuance of FASTag through Google Pay. FASTag has been made mandatory for four-wheelers from January 1, 2021.

FASTag has been made mandatory for registration of new four-wheelers. Renewal of fitness certificate of a transport vehicle is done only after it has a FASTag

Last month, the Cabinet approved the PLI scheme for 10 key sectors, including telecom, automobiles and pharmaceuticals to give an impetus to the manufacturing industry

NPCI COO Praveena Rai said that pace of digitisation has also increased due to the regulatory framework and policies of the government and RBI