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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Ambiguous technology tie-ups between regulated entities and third-party platforms pose complex regulatory challenges.
Last week, the National Payments Corporation of India came bearing bad news for operators of prepaid cards and digital wallets offering UPI services to customers through third-party apps. The retail payments body, on the directions of the Reserve Bank of India, asked for all such services to be wound down by 30 June.
Companies like FamPay, Dreamx (Dream11) and Akudo, among others, would have to change their terms of use to continue their UPI services. You can read about the directive and its immediate impact here. On the face of it, this seems like a harsh move. Why would …
Lenders stand to gain a lot more than borrowers in the current challenging market environment
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
