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UAE’s Mashreq Bank appoints Tushar Vikram as new India head

Mashreq Bank Appoints Tushar Vikram as CEO of Mashreq India: Key PointsNew Appointment:Tushar Vikram, former Citibank India executive, has been named the...

BIS readies for live implementation of Project Nexus in Asia

Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH). Aims to enhance cross-border payments by connecting...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International Payments Limited (NIPL). Aim: Create...

Indian fintech Fibe bags $90m in Series E funding round

Fibe Secures $90 Million in Series E Funding:Funding Round:Amount: $90 million Round: Series E Lead Investors: Amara Partners, TR Capital, and Trifecta...

India’s Reliance Group launches financial services super-app JioFinance

Jio Financial Services Launches JioFinance App:Company Overview:Division of Reliance Group, founded by Mukesh Ambani. Competing with Tata Group, PhonePe, and Paytm in...

ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more

Backflip: US-based proptech Backflip raised $15 million in a Series A funding round led by FirstMark Capital, with participation from existing backers and...

State Bank of India deploys HCLSoftware tech to digitise customer communication

Partnership Announcement: State Bank of India (SBI) has entered a new five-year partnership deal with HCLSoftware, a subsidiary of Indian IT consultancy HCLTech,...

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