India and Singapore sign fintech MoU amidst ongoing joint projects
India and Singapore are making each other eyes when it comes to fintech partnerships.
NPCI
India consolidates bill payment system
Reserve Bank of India (RBI), the country’s central bank and regulator, has given National Payments Corporation of India (NPCI) the go-ahead to consolidate payment of local utility and services bills.
India’s Unified Payments Interface a live wire
Unified Payments Interface (UPI), launched in April by the National Payments Corporation of India (NPCI), is going live for 21 banks. UPI offers instant, online bank payments, and is seen as a major change to the Indian financial sector. It enables banks to provide real-time payments through QR code enabled addresses and offers device fingerprinting […]
FSS to provide UPI solutions for six Indian banks
India-based payments firm Financial Software and Systems (FSS) will provide Unified Payment Interface (UPI) solutions for six unnamed Indian banks. The National Payments Corporation of India (NPCI) recently launched UPI, which offers instant, online bank payments. The move is seen as a major change to the Indian financial sector. FSS says UPI enables the banks […]
