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Paytm beats PhonePe, GooglePay as India’s highest revenue earner in mobile payments, financial services

by AIP Online Bureau | May 11, 2023 | Data, Technology

Paytm has built a key differentiation in the market for itself with the widest array of payment instruments like Wallet, UPI, Postpaid, Food Wallet, Fastag and a variety of banking products available through Paytm Payments Bank New Delhi: Indian fintech giant Paytm on...
Big tech firms offering financial services pose risk to financial stability: RBI

Big tech firms offering financial services pose risk to financial stability: RBI

by AIP Online Bureau | Jul 2, 2022 | Eco/Invest/Demography, Indian News, Regulation, Technology

FinTech innovations are ubiquitous, especially in retail and wholesale payments, financial market infrastructures, investment management, insurance, credit provision, and equity capital raising, and may lead to material changes in the financial landscape, it said....
Financial services an exciting aspect of UK-India FTA, says Rishi Sunak

Financial services an exciting aspect of UK-India FTA, says Rishi Sunak

by AIP Online Bureau | Jul 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Rishi Sunak,British Chancellor “Financial service is an area where there’s an enormous opportunity for both of our countries. India’s goal is to spread insurance across the entire economy because insurance is a great thing for enabling protection for...
Big tech’s financial services play poses systemic concerns like overleverage: RBI Governor Das

Big tech’s financial services play poses systemic concerns like overleverage: RBI Governor Das

by AIP Online Bureau | Jun 17, 2022 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Shaktikanta Das,Governor,RBI The entry of firms like Google, Amazon, and Facebook (Meta), referred to as big tech companies, also poses question marks around competition and data privacy. Das said deploying harsh recovery methods like calling up at odd hours or using...
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