fintechs

The Reserve Bank of India (RBI) on Thursday came out with a regulatory framework to permit default loss guarantee arrangements in digital lending. This is considered as a major relief to financial technology (fintech) companies that were…

As Silicon Valley Bank UK imploded at the start of March, fintech start-ups were among those scrambling to get money out of the troubled US lender that specialised in funding the technology sector.“I spoke to their managing director…

In early 2023, John started to get calls about unpaid bills from longtime business contacts. The business was fine, he says. The problem was his bank, Revolut, which froze his account without notification. “I was horrified,” he says of his…

Fintechs in the UK have accused credit card issuers including NatWest and Barclays of “costing consumers millions” by not giving full access to their own data.“Britain’s 14.5mn interest-paying cardholders losing millions, if not…

© Reuters. People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado BRASILIA (Reuters) - Brazil's central bank on Monday said it would set a 0.7% limit for interchange fees…

UK banks are piling into buy now, pay later despite rising risks of default and increasing regulatory scrutiny, in a defensive effort to win back young users more comfortable with fintechs like Klarna than credit cards.With nimbler…

A number of fintech companies and NBFCs "backed by" Chinese funds have generated proceeds of…

By Ravish Naresh  Technology for MSMEs: Digitization of business operations for small businesses at scale is a relatively new occurrence. There have been many reasons why small businesses are yet to catch up with embarking on digital…

The Reserve Bank of India (RBI) is examining the practices and…

What counts as instant gratification for home loan approvals? Try 10 minutes. This is the Commonwealth Bank’s latest salvo on the mortgage market wars.In the time we might take to have a quick shower, buy a coffee, wait for a bus or get…