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Banking

Global Fintech Fest 2023: How India created wealth in the last four financial years, FM Sitharaman explains

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3 Days Ago

paymentspay.com

Global Fintech Fest 2023: Union Finance Minister Nirmala Sitharaman said on Tuesday that India’s financial ecosystem has made a giant stride. Delivering the inaugural address of Global Fintech Fest 2023 in Mumbai, FM said, “There was a time when conventional financial activities were the backbone of the financial ecosystem but today Fintech has become a more robust and dynamic financial inclusion tool."

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Banking

Exclusive | MSwipe gets RBI nod, to foray into online payments and merchant sound devices

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3 Days Ago

paymentspay.com

MSwipe received in-principle approval from the Reserve Bank of India (RBI) for the payment aggregator license on August 8. The company also cross-sells loans to merchant. B Capital-backed merchant lending and offline payments company MSwipe received in-principle approval from the Reserve Bank of India (RBI) for the payment aggregator licence on August 8. The company, which provides point of sales (PoS) devices for offline payments, will now plan a foray into the online payments space with the launch of its online payment gateway.

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