India
📈 By 2029, A2A transactions will triple and place pressure on debit and prepaid cards Paid Members Public
📈 By 2029, A2A transactions will triple and place pressure on debit and prepaid cards According to a new report by ResearchAndMarkets.com, real-time payments and account-to-account transferscontinue to gain popularity worldwide. 🧬 By 2028, the total number of real-time payment transactions worldwide is expected to increase from 260 billion in 2023
😱The Reserve Bank of India🇮🇳 revoked the license of Paytm Payments Bank, which specializes in fast payments Paid Members Public
😱The Reserve Bank of India🇮🇳 revoked the license of Paytm Payments Bank, which specializes in fast payments The move follows regulatory tensions, although its impact is not as critical as it may initially appear. 🔣 The conflict with the regulator dates back several years. In 2024, under instructions from the Central
🐘 Indian-style anti-fraud 🇮🇳: Central Bank proposes optimization plan for P2P and A2A payments — currently under public consultation Paid Members Public
🐘 Indian-style anti-fraud 🇮🇳: Central Bank proposes optimization plan for P2P and A2A payments — currently under public consultation The consultation will remain open until May 8, after which the Central Bank will issue official guidelines. 🔣 Context: between 2021 and 2025, digital payment fraud cases in India increased more than tenfold, reaching 2.
🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets Paid Members Public
🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets The rollout is expected by the end of the current year across West Asia, Africa and Southeast Asia. The company has not yet disclosed the specific countries, but they are expected to be markets with favorable
😱 India🇮🇳: in the state of Goa, land-based casino license fees for 2026-2027 will increase by 200% Paid Members Public
😱 India🇮🇳: in the state of Goa, land-based casino license fees for 2026-2027 will increase by 200% The measure will primarily apply to new operators, but the increase will also significantly impact annual licensing fees, application costs, and ownership transfer charges. 🔣 New offshore operators will face restrictions on market entry. Currently,
🐘India🇮🇳: Offline verification within the Aadhaar system raises concerns Paid Members Public
🐘India🇮🇳: Offline verification within the Aadhaar system raises concerns Citizens have expressed concern about potential personal data leaks associated with the proposed changes. ➡️ Key information: Aadhaar is a unique 12-digit identification number assigned to every resident of India. The system was developed by the Unique Identification Authority of India (UIDAI)
👀 India🇮🇳: regulator requires crypto exchanges to discontinue transfers in privacy coins (XMR, ZEC, DASH) and anonymous transactions Paid Members Public
👀 India🇮🇳: regulator requires crypto exchanges to discontinue transfers in privacy coins (XMR, ZEC, DASH) and anonymous transactions Updated guidance from the financial intelligence unit (FIU) states that exchanges and intermediaries should not allow the deposit or withdrawal of tokens designed to conceal the origin of funds, ownership, or transaction volumes.
🐘 India🇮🇳 proposes linking digital currencies among BRICS countries Paid Members Public
🐘 India🇮🇳 proposes linking digital currencies among BRICS countries The proposal, aimed at reducing reliance on the US dollar, was put forward by the Reserve Bank of India (RBI) for inclusion on the agenda of the BRICS summit, scheduled to take place in India in 2026, according to Reuters. ➡️ Trump has