Tag: India
India’s RBI orders Paytm Payments Bank to halt banking services by end of February
The Reserve Bank of India (RBI) has directed Paytm Payments Bank to cease accepting deposits, providing credit services, and facilitating fund transfers from...
India’s DMI Group snaps up BNPL fintech ZestMoney
ZestMoney Acquisition by DMI Group:Indian BNPL start-up ZestMoney acquired by DMI Group in a fire sale.
Deal grants DMI Group brand rights...
NPCI teams up with Google Pay to expand UPI beyond India
Partnership: Google Pay India and NPCI's international payments subsidiary sign MoU for UPI expansion.
Objectives: Three main goals include enabling global travelers to use UPI,...
India’s CSB Bank taps Oracle for Flexcube core
CSB Bank, headquartered in Thrissur, India, partners with Oracle for its core banking system Flexcube.
The collaboration involves integrating Oracle's core banking, payments,...
Zimbabwe’s Success Microfinance Bank taps FinOS for core banking
Success Microfinance Bank and FinOS Partnership:Zimbabwe's Success Microfinance Bank, a deposit-taking microfinance institution (DTMFI), has chosen FinOS, a Software-as-a-Service (SaaS) cloud banking...
National Bank of Oman partners PayMate to modernise B2B payments
Partnership Overview:The National Bank of Oman (NBO) has signed a Memorandum of Understanding (MoU) with Indian fintech PayMate to modernize its B2B...