Stay updated with the latest fintech news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on fintech topics.
Forbes contributors publish independent expert analyses and insights. If you asked a group of small business marketers how confident they are that their efforts are paying off, you might expect a reasonably optimistic response. After all, marketing budgets are up, AI tools are everywhere, and customer demand for personalized content is pushing innovation. But the latest 2025 State of Small Business Marketing report reveals a startling statistic: only 18% of SMB marketers feel "very confident" ...Read More >
Mumbai Metro Rail Corporation (MMRC) has introduced WhatsApp-based ticketing for its Aqua Line (Metro Line 3). Commuters can now generate QR tickets instantly by sending 'Hi' to a designated number or scanning station QR codes. This initiative aims to provide seamless, efficient, and sustainable travel, eliminating paper tickets and supporting multiple payment options. The Mumbai Metro Rail Corporation (MMRC) has launched Whatsapp-based ticketing for commuters of Metro Line 3, also known as Aqu ...Read More >
The government is considering introducing a separate National Industrial Classification (NIC) code for fintech companies. This will help set up a central database and improve oversight. The plan aims to close data gaps, simplify classification, and improve policymaking for India's growing fintech sector. The Indian government is exploring the creation of a separate National Industrial Classification (NIC) code for fintech companies to build a central database, according to reports. India curren ...Read More >
HSBC India has launched HSBC Digital Merchant Services. This new solution simplifies payment processes for online businesses. Merchants can now manage various payment methods through a single platform. This includes cards, UPI, and net banking. The service aims to reduce operational costs and improve transaction insights. Mahanagar Gas Limited is an early user of this integrated payment solution. HSBC on Tuesday announced the launch of HSBC Digital Merchant Services (DMS) in India, a digital pa ...Read More >
PwC India-Unified Fintech Forum report warns India's fast-growing FinTech sector faces major cybersecurity challenges. With over 10,200 firms and rapid digital expansion, the report stresses that cybersecurity must be embedded in every innovation. Mumbai (Maharashtra): India's rapidly expanding FinTech industry is facing growing cybersecurity risks even as it cements its position as a global leader in digital finance, noted a report by PwC India and the Unified Fintech Forum (UFF). The report, ...Read More >
Empowering Indian travellers with smarter, seamless, and borderless spending MUMBAI, India, Oct. 14, 2025 /PRNewswire/ -- Wizz Financial, a first truly global Indian fintech group, proudly announces the launch of the AI-enabled 'Wizz Voyager' multi-currency card, in direct partnership with Visa, a global leader in digital payments, marking a groundbreaking milestone in India's travel and fintech landscape. Designed for today's global citizens, the Wizz Voyager card allows seamless spending in ...Read More >
Setty said the lender needs to get the 'collections piece right' on the small value loans before rolling out other products on the UPI State Bank of India's (SBI's) chairman CS Setty on October 8 said that the lender is working on the simplification of Know Your Customer (KYC) and re-KYC and will engage with the regulators and the government. "We are working on that, the simplification of KYC processes. Even if it means that we need to engage with the regulators and the government, we are taki ...Read More >
Starting October 8, India will allow users to authenticate Unified Payments Interface (UPI) transactions through facial recognition and fingerprints, using Aadhaar-based biometric data, sources said. The move follows new RBI guidelines permitting alternative authentication methods and replaces the current PIN-based system. The NPCI plans to showcase the feature at the Global Fintech Festival in Mumbai. India will allow users to approve payments made through popular domestic payments network, th ...Read More >
Mumbai (Maharashtra) [India] October 9 (ANI): United Kingdom Prime Minister Keir Starmer on Thursday called for a "hands-on" approach in implementing trade and investment deals between the UK and India, emphasising that his government aims to work closely with industry leaders to ensure tangible outcomes from the Free Trade Agreement (FTA) and other bilateral partnerships. Addressing a high-profile business forum attended by Prime Minister Narendra Modi and top CEOs from both countries, Starmer ...Read More >
Mumbai (Maharashtra) [India], October 9: Art of Time, India's leading omnichannel luxury watch retailer, has successfully closed its Series B fundraise of INR 175 crore (~USD 20 million). The round was led by Mithun Sacheti, Siddhartha Sacheti, Plutus Wealth Management, and Girish Mathrubootham, reflecting strong investor confidence in the brand's vision. Also Read | 2021 Lakhimpur Kheri Violence Case: SC Allows Former Union Minister's Son Ashish Mishra To Visit Family on Diwali, UP Police Lodg ...Read More >
Oct 9 (Reuters) - India's payments authority National Payments Corporation of India and fintech firm Razorpay have collaborated with Microsoft-backed (MSFT.O), opens new tab OpenAI to launch AI-driven payments on ChatGPT, the companies said on Thursday. The initiative, currently in the pilot stage, will allow users to make purchases on ChatGPT, facilitated by India's homegrown payments network Unified Payments Interface (UPI). The pilot will evaluate how the service can be expanded across vert ...Read More >
RBI Governor Sanjay Malhotra addressed the Global Fintech Fest 2025, urging India's nearly 10,000 fintech entities to responsibly innovate, serve the underserved, and embed data protection to help India become a developed nation by 2047. Reserve Bank of India (RBI) Governor, Sanjay Malhotra, urged fintechs to leverage India's digital public infrastructure to serve the underserved, innovate responsibly, and shape global digital finance. In his address at the Global Fintech Fest 2025 in Mumbai on ...Read More >
Keir Starmer, who has just embarked on a keenly-watched India visit, has been accompanied by more than 100 business leaders from Britain. According to some reports, this is the largest-ever trade mission from the UK to India. The stated aim of the delegation is to boost the 2025 Free Trade Deal between India and UK, with a target taking bilateral trade to $100 billion by 2030. The UK Prime Minister arrived in Mumbai on Wednesday ahead of his scheduled meeting with Prime Minister Narendra Modi. ...Read More >
Mumbai: State Bank of India chairman CS Setty called upon policymakers, fintech developers and technology developers to think about ways to simplify the know your customer (KYC) process, which he termed one of the biggest challenges for banks as well as customers. Banks employ KYC to onboard customers and simplifying the process is important for a large number of people who are joining mainstream banking. "I think one (of the) biggest subjects both on the customer side and the bank side... it' ...Read More >
The solution directly connects to BFSI clients' application programming interfaces (APIs) and fintech platforms, streamlining the complete customer journey, from initiation to resolution. NEW DELHI: Homegrown telecom and CPaaS player, Tata Communications, said it has launched an agentic artificial intelligence (AI)-driven voice solution for improving customer engagement in the banking, financial services and insurance (BFSI) vertical. Tata Communications said the speech-to-speech solution offe ...Read More >
Mumbai, Oct 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest here, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved. "Build for inclusion. While there may be higher profits to be made by deepening access to the haves and the privile ...Read More >
Mumbai: Commerce and Industry Minister Piyush Goyal on Wednesday said that no power on earth can stop India from becoming a developed nation by 2047, with the government taking a series of initiatives to promote the domestic economy, build infrastructure and expand global trade. Speaking at the 6th edition of the Global Fintech Fest (GFF) 2025 here, the Minister also said that the world now looks upon India with trust and confidence as the country guarantees high-quality talent, skill, goods an ...Read More >
Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday asked fintech firms to design products that are easy to use and accessible to all to help India achieve financial inclusion and become a developed nation by 2047. Addressing the Global Fintech Fest 2025 here, Malhotra also flagged the issue of growing digital frauds and made a strong case for making efforts to curb the menace. Quoting Apple founder Steve Jobs, Malhotra said, "Get closer than ever to your customers, so close that you tel ...Read More >
Mumbai, October 7, 2025: In a move set to redefine India's digital checkout experience, PhonePe Payment Gateway (PhonePe PG) has partnered with Mastercard to introduce its Device Tokenization solution, a step forward in enhancing online payment security and convenience. The feature was unveiled at the Global Fintech Fest (GFF) 2025, marking a major milestone in the evolution of India's digital payments ecosystem. With this launch, users can now save their card once on the PhonePe app and use it ...Read More >
Chennai: SaaS major Zoho has deepened its focus on fintech with new payment solutions and point-of-sale devices targeting collections and disbursements.Zoho launched POS and QR devices, soundboxes, and a range of payment solutions, including payout capabilities, virtual accounts for collections, and marketplace settlements.Zoho aims to leverage its existing strengths in ERP, accounting, and payroll software. Sivaramakrishnan Iswaran, CEO of Zoho Payment Technologies and global head of finance an ...Read More >
MUMBAI: The National Payments Corporation (NPCI) has launched a biometric authentication for UPI payments instead of the present PIN-based system. The biometric authentication will be performed on-device and can be used in place of the PIN that has been in use since the popular digital payments system was launched in April 2016. The new tool was rolled out by M Nagaraju, financial services secretary, at the global fintech summit here Tuesday. A biometric authentication is a more seamless, sec ...Read More >
Mumbai, Oct 7 (PTI) The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US dollars in the form of currency notes, forex card load or for outward remittances at competitive prices. With the linkage, customers will be able to access USD through their preferred payment/banking apps integrated with the Bharat Connect or Bharat Bill Payment System (BBPS) platform. Currently, five lenders -- A ...Read More >
Mumbai, October 7 : The government on Tuesday announced several new offerings like UPI with on-device biometric authentication for a seamless, secure and user-friendly alternative to PIN-based UPI authentication, Aadhaar-based face authentication in UPI to enable Aadhaar-linked biometric authentication for setting or re-setting UPI PIN, and the addition of a new mode for cash withdrawal through micro-ATMs using UPI at UPI cash points. The Secretary, Department of Financial Services, Ministry of ...Read More >
British Prime Minister Keir Starmer will visit India on 8-9 October, the Ministry of External Affairs said in a statement on Saturday. This will be Prime Minister Starmer's first official visit to India. According to MEA's statement, PM Modi and Starmer will take stock of progress in diverse aspects of the India-UK Comprehensive Strategic Partnership in line with 'Vision 2035'. "At the invitation of Hon'ble Prime Minister Shri Narendra Modi, Prime Minister of the United Kingdom the Rt Honourab ...Read More >
Mumbai, October 7: With an aim to boost international trade, investment, and ease of doing business, Finance Minister Nirmala Sitharaman on Tuesday unveiled foreign currency settlement system in GIFT City. Addressing the 'Global Fintech Fest 2025' here, Sitharaman said that "foreign currency settlement system to solve the problem of facilitating seamless transactions on real-time basis, enhance liquidity management, and ensuring compliance." IMC 2025 on October 8: PM Narendra Modi to Inaugurate ...Read More >
Mumbai, Oct 7 (SocialNews.XYZ) With an aim to boost international trade, investment, and ease of doing business, Finance Minister Nirmala Sitharaman on Tuesday unveiled foreign currency settlement system in GIFT City. Addressing the 'Global Fintech Fest 2025' here, Sitharaman said that "foreign currency settlement system to solve the problem of facilitating seamless transactions on real-time basis, enhance liquidity management, and ensuring compliance." She further informed that the FCSS will ...Read More >
Mumbai: Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance.Currently foreign currency transactions usually get settled with a lag of 36 to 48 hours. Speaking at the Global Fintech Fest 2025, the finance minister said with the operationalisation of the foreign currency settlement system, GIFT City joins a select list of fina ...Read More >
Mumbai: Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance. Currently foreign currency transactions usually get settled with a lag of 36 to 48 hours. Speaking at the Global Fintech Fest 2025, the finance minister said with the operationalisation of the foreign currency settlement system, GIFT City joins a select list of fin ...Read More >
Mumbai, Oct 6 (PTI) Vartis Platforms, the parent entity of LenDenClub and InstaMoney, targets a Rs 1,000 crore revenue and global expansion over the next two years, a top official said on Monday. Vartis Platforms has officially been announced as the unified brand for LenDenClub, an RBI-licensed P2P lending platform; InstaMoney, a leading loan service provider, and Vartis One, the group's technology services arm. The group aims to achieve Rs 1,000 crore in consolidated revenue by FY28, building ...Read More >
A national platform for startups to showcase ideas, gain mentorship, and connect with investors IIT Kanpur's Entrepreneurship Cell has announced the launch of UpStart 2025, its flagship national pitching competition dedicated to supporting and accelerating startups across India. The event will unfold in two stages: the Nationals, to be held in Delhi (October 11), Hyderabad (November 1), Bangalore (November 8), and Mumbai (December 6); and the Finals, which will take place at IIT Kanpur on Janua ...Read More >
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