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WhatsApp given the green light to operate as a payment service...

Indian regulators has given WhatsApp a thumbs up, allowing the Facebook-owned app to operate as a payment service in the country.

Indian finance ministry official calls on financial service providers to work...

A top finance ministry official in India has called upon established financial service providers to be more open to collaborations with FinTech innovators.

India-based IDfy said to raise $2.1m in its new funding round

Digital KYC solution IDfy has reportedly raised around $2.1m in funding to support its growth and expansion plans.

Indian competition regulator dismisses antitrust case against WhatsApp’s payment services

Competition Commission of India (CCI) has dismissed a case accusing WhatsApp of abusing its market dominance in the payment space.

Bank of India to protect customers with REL-ID

Bank of India has selected REL-ID to improve the security for its customers by leveraging protection, detection and correction technologies.

Court extends period it’s keeping Yes Bank’s co-founder in custody on...

Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.

ESMA warns that Brexit and the US-China trade war are still...

Massive geopolitical events continue to stir up a lot of financial market volatility, according to the EU’s leading financial markets watchdog.

India’s central bank sooths e-wallet customers’ cancellation fears with new low...

Millions of digital wallet users can keep their accounts after the Reserve Bank of India's (RBI) new move.

Reserve Bank of India fines HDFC Bank $107,696 for failing to...

The central bank of India has found a lender’s due diligence procedures lacking and has fined the bank Rs one crore ($107,696) as a result.

Indian central bank gives thumbs up for video-based customer identity verification

Financial firms in India can now use video-based methods to verify the identities of their customers.
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