State Bank of India and Hitachi join forces for cards and paytech venture
JV to create a “state-of-the-art card acceptance and future ready digital payments platform” in India.
India
Utkarsh Small Finance Bank in paytech overhaul with ACI Worldwide
Utkarsh Small Finance Bank is live with the latest version of ACI Worldwide’s UP Retail Payments solution.
IndusInd Bank combines credit and debit in one card
IndusInd Bank Duo Card is the first of its kind in India.
India’s largest crypto exchange Zebpay has its day
Stops trading due to regulatory pressures from RBI.
India’s fintech firms fight against Aadhaar restrictions
They want access to the biometric database to verify customers.
India’s central bank shortlists five vendors for data project
The Reserve Bank of India (RBI) keen to harness the power of big data.
Indian lending start-up Qbera gets $3m funding
Essel Group and its E-City Ventures are the backers.
RBI says no to Yes Bank CEO staying on
The forced exit is a result of lack of compliance.
Indian digital lender Kissht brings in $30m funding
The round was led by Vertex Ventures and Sistema Asia Fund.
India Post Payments Bank opts for FSS payment stack
Bank is targeting rural households and SMEs in the country.
Ebix acquires wealthtech Miles Software for $19m
Mumbai-based firm snapped up by e-commerce service provider.
Life’s Alight for Wipro with $1.5bn deal
Indian firm reveals record ten-year deal with Illinois-based Alight Solutions.
Warren Buffett’s Berkshire Hathaway invests $300m in Paytm
Berkshire joins Ant Financial, SoftBank and Alibaba as investors.
Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Google gangs up with Indian lenders to find new users
Working with Federal Bank, HDFC, ICICI and Kotak Mahindra.
ZestMoney goes zestier with $13.4m funding
Indian firm aiming to up its tech and product line.
Centrum says Encore Theme for supply chain finance
India-based financial services firm will use ThemeChain system.
Indian start-up PaySpoon dishes up mobile credit
Lendtech and paytech firm wants to be a quick fix.
Flipkart vies for voice-powered shopping with Liv.ai acquisition
Indian e-commerce firm thinks voice will become a preferred interface.
Paytm launches AI cloud for India
Designed for developers, start-ups and enterprises.
Get your patents IN: India – the next hotbed of fintech innovation
Indian fintech is a top five market globally by value of capital funding and investments.
India’s Cosmos Bank stars in $13.5m hacking drama
Malware attack on its Swift and debit card payment systems.
Paytm acquires savings start-up Balance Technology
Where will it find space for the six-member team?
JP Morgan sets up lab for financial inclusion in India
A $9.5m initiative for early-stage firms.
India Post Payments Bank to launch in August
“At least a branch in every district.”
Blockchain firm Swych goes cross-border gifting
US users can now send digital gift cards to friends and family in India in real time.
India’s Zoomcar takes digital ID ride with Onfido
This marks Onfido’s sixth ridesharing partnership.
Alibaba’s Jack Ma teams with Ganesh Ventures for Indian start-up action
Ma’s new eWTP Ecosystem Fund brings a boost.
Versatile payments ring Xenxo passes $1m funding
India-based firm still looking for more money.
India’s stock exchange teams with Nasdaq for tech boost
Aiming to increase efficiency and effectiveness of the market.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
Truecaller buys Chillr for Indian mobile payments thriller
Acquisition builds on Truecaller Pay, which was launched last year.
India and Singapore sign fintech MoU amidst ongoing joint projects
India and Singapore are making each other eyes when it comes to fintech partnerships.
India Stack: why I am an unashamed fan girl
The most meaningfully transformative thing I have seen in my life so far.
Personal finance app Fintify readies for UK-India launch
Targeting the non-resident Indian (NRI) market.
ICICI Bank unveils innovation labs
Indian bank follows the digital trend.
India’s P2P lender Faircent first for RBI’s NBFC-P2P certification
Acronyms unleashed as firm gets non-banking financial company licence.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
Deutsche Bank buys Indian start-up Quantiguous Solutions
Wants to accelerate its open banking strategy.
New South Wales–India fintech exchange calls for start-ups
One-week business development programme up for grabs.
