Paytm stops services, moves to new bank under RBI guidelines. NPCI permits OCL for UPI. OCL partners with Axis, HDFC, SBI, YES Ban… Read More Paytm stops services, moves to new bank under RBI guidelines. NPCI permits OCL for UPI. OCL partners with Axis, HDFC, SBI, YES Bank. YES Bank backs UPI merchants. Users update …
India has seen exponential growth in Unified Payments Interface (UPI) transactions over the past few years—2022 saw UPI payments and card transactions reach a milestone of Rs 149.5 lakh crore, highlighting the growing popularity and acceptance of digital payments in the country. However, with this convenience comes the risk of cybercrime, as UPI-related frauds have …
SBI announced on Monday that it plans to increase the use of business analytics and AI/ML in its decision-making and operations through the deployment of NextGen Data Warehouse and Data Lake, as well as exploring new partnerships with fintechs and NBFCs for co-lending. The country’s largest bank, in its annual report posted on stock exchanges …