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RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

Finance

15 February, 2024

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to ......

Mastercard names former SBI chair Rajnish Kumar as India chairman

Finance

14 September, 2023

Mastercard names former SBI chair Rajnish Kumar as India chairman

Mastercard on Thursday named former State Bank of India Chair Rajnish Kumar as the chairman of its Indian unit, as ......

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Early investors in Blume, Kalaari-backed Instamojo eye exit but can they get buyers?

TMT

20 July, 2023

Early investors in Blume, Kalaari-backed Instamojo eye exit but can they get buyers?

A digital payments services company backed by venture capital firms Blume Ventures and Kalaari Capital is likely looking to raise ......

Former Mastercard chief Banga frontrunner to head World Bank

Finance

29 March, 2023

Former Mastercard chief Banga frontrunner to head World Bank

US Treasury Secretary Janet Yellen on Wednesday said she expected the US nominee to head the World Bank, former Mastercard ......

Premium
'Instamojo looking at operational profitability by end of CY22'

TMT

07 October, 2022

'Instamojo looking at operational profitability by end of CY22'

Beenext and Kalaari Capital-backed Instamojo's transition to becoming an e-commerce enabler from a payments platform is paying off. The startup's ......

Zeta partners with Mastercard to power credit processing, raises $30 mn

TMT

07 March, 2022

Zeta partners with Mastercard to power credit processing, raises $30 mn

Zeta, a banking tech unicorn, has stitched a five-year old global partnership with Mastercard to power credit processing for banks ......

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Finance

01 March, 2022

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Infibeam Avenues Ltd, the parent of payment gateway CCAvenue, has acquired contactless technology startup Uvik Technologies for Rs 75 crore ......

Backend automation startup Signzy ropes in PayPal India executive as its Chief Growth Officer

People

15 December, 2021

Backend automation startup Signzy ropes in PayPal India executive as its Chief Growth Officer

Signzy Technologies Pvt Ltd, which operates an artificial intelligence (AI) startup focussed on automating backend decision-making processes, has roped in ......

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Economy

29 November, 2021

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of domestic payments rival RuPay hurts ......

Pine Labs enters online payment space with launch of new product Plural

TMT

14 October, 2021

Pine Labs enters online payment space with launch of new product Plural

Pine Labs Pvt Ltd on Thursday said it has entered the online payment space with the launch of its new ......