Web1 day ago · TigerGPT, a text-generating AI chatbot developed among UP Fintech's ( NASDAQ: TIGR) vast internet services, is introduced as the first deployment of an AI … WebOct 10, 2024 · Following the notification, fintech associations and startups met with the RBI, requesting a six-month extension to implement the recent PPI mandate. Sources at the …
RBI ban on FLDG arrangement: Fintechs explore …
WebAug 12, 2024 · One such example is the RBI’s FinTech Regulatory Sandbox – established in 2024 with the primary objective of being a controlled regulatory environment for testing FinTech products. Another initiative by the RBI to bring a section of FinTechs under their purview was the introduction of the Payment System Operators license. WebNov 28, 2024 · Highly placed sources say the Reserve Bank of India is reluctant to issue non-bank finance company or NBFC licences to fintechs. PhonePe, Razorpay, BharatPe, , OkCredit and NiYo which operates as ... thox2
Accel-backed fintech firm Uni Cards buys peer-to-peer NBFC
WebApr 23, 2024 · The RBI has not provided any licences yet, but it has been quickly informing those companies whose applications have been rejected, sources said. At least 185 fintech firms — including big names like Cred, Razorpay, and PhonePe — had submitted proposals seeking payment aggregator licences. The payment aggregator framework, introduced ... Web1 day ago · One of the European Union’s most successful mobile-payment companies is starting its international expansion with an ambitious goal to revolutionize cardless … WebOct 12, 2024 · The Reserve Bank of India (RBI) on Wednesday said the Inter-Regulatory Technical Group on FinTech (IRTG on FinTech) has put in place a common window under the system of Inter-operable Regulatory Sandbox (IoRS) to engage with different regulators regarding their hybrid products. According to the RBI, financial products and service … thoxy