The Reserve Bank of India has introduced a single-block-and-multiple debits functionality in UPI to augment payments for ecommerce and investments in securities
Fintech Sunbit has announced that it has closed an USD 250 million revolving debt facility with Credit Suisse and Waterfall Asset Management to diversify its financing sources
Finastra research has revealed that Open Banking is now a key part of a bank's landscape, with 99% of respondents considering it either a ‘must have' or ‘important', up from 94% in 2021