UPI Tap & Pay is Coming to You this Month

UPI Tap & Pay expected to go live by 31 January - Live Mint

NPCI has started the process to deploy UPI Tap & Pay across digital payment providers. The feature is currently live on BHIM and Paytm, for limited users.

Cloud technology is the way forward in digital payments - Marksmen Daily

FSS CEO, V Balasubramanian shares his thoughts and perspectives on why cloud technology will be a win-win for everyone in a digital economy. Read more

Five RBI game-changing moves that revolutionised fintech in 2023 - ET BFSI

From FLDC guidelines to cross border payments, the RBI moves open new vistas for firms to take strides in the financial ecosystem. Read more

Hike in interchange fees crucial for white label ATM operators' survival - Financial Express

The RBI had last hiked interchange fees for WLA cash transactions in 2019, after a period of nine years. Read more

These trends will shape consumer payments In 2024 - Forbes

Consumer demand for convenience, efficiency, choice and security are factors that continue to impact the way people pay for things. Read more

RBI introduces card tokenisation facility at bank level - ET BFSI

The RBI has introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders to get tokens created. Read more

How NPCI is in action to curb Aadhaar-enabled Payment System (AePS) frauds - ETBFSI

NPCI asked banks to introduce mandatory security norms for AePS transactions, similar to the security features implemented for debit cards.

Banks see a four-fold jump in card, internet frauds - ET BFSI

Card and internet frauds surged from Rs 119 crore in 2020-21 to a staggering Rs 630 crore in April-September 2023-24. Read more

White labels drive ATM growth in India; PSBs lead the pack - ET BFSI

During 2022-23, the total number of ATMs grew by 3.5%, primarily driven by the increase in number of white labels. Read more

RBI extends payments infrastructure scheme - ET BFSI

Launched in January 2021, the scheme promotes digital payment infrastructure in tier-3 to tier-6 centers, northeastern states and the UTs of J&K and Ladakh. Read more

HDFC Bank goes live with UPI in secondary market platform - ET BFSI

HDFC Bank has executed transactions via the NPCI's UPI payments app as part of the 'UPI for secondary market' facility. Read more

How customer experience needs to be balanced with fraud prevention - FSS Knowledge Hub

For businesses in the financial sector, this balance is not just a matter of implementing security measures but also integrating these measures seamlessly into customer experience. Read more