Finance

Beyond the Transaction: Scalefusion’s Sriram Kakarala on Rethinking Enterprise Payment Security

Scalefusion’s Sriram Kakarala explains why businesses need to rethink payment security as digital payments expand beyond traditional banking applications into connected enterprise environments.

The New Collateral in Lending Isn’t an Asset; It’s a Citizen’s Consent

Old habits die hard, and few habits in Indian finance have died harder than our collective attachment to the self-attested photocopy. For three decades,...

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RBI fines ICICI Bank, SBI and 17 other banks for non-compliance use of SWIFT Network

The Reserve Bank of India (RBI) has fined at least 19 lenders, including top banks such as ICICI Bank and State Bank of India,...

Pakistan may ask for an additional $1.45 billion loan from Islamic banks

Pakistan will likely turn to Islamic banks to borrow another 200 billion rupees ($1.45 billion) to try to ease a financial crunch in its...

China blames Washington for trying to block its development

China's government on Monday accused the United States of trying to block its industrial development after Vice President Mike Pence said Chinese equipment poses...

Fintech startup NIRA secures $1Mn in seed round funding

An India based Fintech startup NIRA, on Tuesday announced that "It has secured $1 million in seed round funding from angel investors in India...

FinTech startup IndWealth secures $30 million from Steadview Capital

Ashish Kashyap, Former CEO of Ibibo on Monday announced: "his new venture IndWealth has secured $30 million from Steadview Capital." The company in a statement...

Alibaba opens two new data centers in Europe, aims to boost its Cloud Business

To increase the presence of Cloud business in Europe, Alibaba on Monday announced that "It has opened the two new data centers in U.K." The...

RBI Introduces Further Measures to Increase Credit Flow to NBFCs

"The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) that have come under pressure following a series...

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