Innovation in products will be the key factor, be it banking, mutual funds, insurance or loans

Increasing adoption of UPI through bank wallets and third-party players such as Flipkart's Phone Pe, Amazon Pay and Google Tez is changing the payments sector.

WhatsApp is looking forward to build a team in India. Currently, the brand is actively looking to fill the top positions in the new team which includes, India Head and Head of Policy.

Mukesh Ambani said at the oil-to-telecom giant's 41st annual general meeting that the company will begin registrations for its fibre-to-home service JioGigaFiber from August 15.

WhatsApp Payments will soon reach customers and the company is gearing up for the launch with a 24-hour customer support for all users planning to use these services.

While WhatsApp is yet to announce the official date of launch of its UPI-based payments service, industry watchers expect an announcement to come in the next few weeks.

WhatsApp, which is testing its payments services in India, today said it is updating its terms of service and privacy policy to \"reflect the addition of payment interoperability features\" ahead of the full-fledged launch of the service.

IRCTC to launch own payment systemIndian Railways' catering, tourism and online ticketing platfom IRCTC will launch its own payment system 'IRCTC-iPay' by August 18. The system is aimed at alleviating troubles travellers face while booking train tickets online. As of now, IRCTC supports only six banks for online transactions, but this list will be extended greatly with IRCTC-iPay. The platform will also make refunds with IRCTC easier.Google rolls out Continued Conversation feature...

Nirav Modi holds six Indian passports; agencies to file fresh FIRAbsconding jeweller Nirav Modi, wanted in the Rs 13,600 crore PNB fraud case, is reported to be in the possession of at least six Indian passports and the investigative agencies are likely to file a fresh FIR against him for this offence, senior officials confirmed. It is a criminal offence to possess more than one valid passport and also to use a revoked passport. Modi, who was earlier holed up in the UK, is now rep...

the Facebook-owned company could roll out its payment service on WhatsApp as early as next week, for which it has partnered with top three private banks in India -- HDFC Bank, ICICI Bank and Axis Bank. The country's largest bank State Bank of India would also join in once all \"necessary systems\" would be in place.

Forget the age-old plastic money or the more recent phenomenon called wallets. India is riding a clutch of new digital payment tools that are convenient and super fast.

The approval could open the possibilities of investment for the company, which is already spreading across various verticals like digital payments, Paytm Mall, among others. At first, the company is planning to launch mutual funds investments for its customers.

Regulation and new rivalries threaten to choke mobile wallet firms.

They were all part of the fabled $1 billion plus valuation club. Now they have run into trouble.

Payments banks have thrown their hats in the ring to take on an established banking industry on the back of innovations and first-mover advantage. Will the banks be able to counter with equal zeal?

While Airtel has introduced 4G services, Reliance Jio's launch is round the corner. Vodafone is due to launch 4G services this month while Idea will introduce it in the first half of 2016.