NPST Launches AI-Enabled Digital Payment Solutions
Network People Services Technologies (NPST) introduced a suite of AI-powered solutions for digital payments at the Global Fintech Fest (GFF) 2024 in Mumbai.
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Reserve Bank of India to Roll Out Lending Platform
The Reserve Bank of India (RBI) intends to launch a technology platform that aims to enable frictionless lending.
PhonePe Enables Consumers to Link Credit Lines to UPI
Indian fintech PhonePe grabs the opportunity provided by RBI and offers its customers an ability to link pre-approved credit line to UPI apps.
Airtel Payments Bank Launches Biometric Verification Solution to Protect Accounts
Airtel Payments Bank, which is based in India, announced the launch of a new security solution called Face Match.
Leading Smart Wearable Companies in India
The smart wearable market of India is the second-largest in the world after China. Notably, most of the smartwatches and other wearable devices sold in India are produced locally. This way, along with the local branches of globally known technology producers, India hosts a range of indigenous smart wearable startups and scaleups.
What is Startup India Scheme
The Startup India Scheme is a major initiative launched by the Indian government to promote innovation, support entrepreneurship, and stimulate economic growth by establishing new startups.
Axis Bank Reveals Ultra Luxury Credit Card With Visa Infinite Privilege Benefits
The new Axis Bank credit card product developed in partnership with Visa targets ultra-high net worth customers in India.
India Inflation Dips Below RBI Target
In India, the inflation rate fell below the target level of the central bank of this South Asian country for the first time in almost five years.
India Smartwatch Market Declines 30%
Being the second-largest wearable market after China, India saw its wearable device market decline for the first time ever, by 10.0% year-over-year (YoY) to 29.5 million units in Q2 2024.
Best Gold Loans in India
Gold loans provide quick access to the borrowed funds with minimal paperwork. They are a good financial option for emergency cases or individuals with poor to no credit history. As a country where households possess the world’s largest gold reserves, India has a lot of gold loans providers. Here are some of the best gold […]
RBI Fines Payment Operators Including Visa
The Reserve Bank of India (RBI) imposed penalties on Visa, Manappuram Finance, and Ola Financial Services for non-compliance.
Apple Expands Manufacturing in India
Apple annual sales in India hit a record $8 billion, as one of the firm’s contract manufacturers is planning to assemble iPads in a local facility.
Google Maps Gets AI Boost for Indian Roads
New AI model for Google Maps was designed specifically for Indian roads. It estimates road width using satellite imagery and Street View data to help drivers better navigate flyovers and narrow roads often met in India.
Meta Rolls Out Business Subscription Program in India
Meta has announced the expansion of its business subscription program for customers living in India.
India’s Unique Path to AI Leadership
India plays an important role in the global AI revolution. The country ranks among the global leaders in AI implementation, investments, and innovation. Here’s how India has achieved this prominent position and what its AI strategy has in store for the future.
History of Fintech in India
The fintech sector in India has seen significant changes over the past several decades. Starting with the initial phase of banking computerization, which began in the late 1980s and early 1990s, this foundational step set the stage for more advanced innovations in the financial industry.
