Tag: India
India’s UPI launches in France through collaboration with Lyra Network
The National Payments Corporation of India (NPCI) has partnered with French payment services firm Lyra Network to introduce the Unified Payments Interface (UPI)...
India’s Tata Consultancy Services reportedly in the race to run UK’s Faster Payments service
Tata Consultancy Services (TCS) is reportedly in contention to take over the administration of the UK's Faster Payments network from Mastercard-owned Vocalink.
The...
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,...