Financial technology

What is MuleHunter.AI?

The Reserve Bank of India’s innovation unit, RBIH, has introduced MuleHunter.AI, which aims to combat financial fraud effectively and specifically targets mule accounts used in illegal activities. Recent...

December 7, 2024 Economy & Banking Current Affairs

RBI’s Launch of Utkarsh 2.0

The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the...

January 2, 2023 Economy & Banking Current Affairs

Fincluvation: IPPB’s New Fin-tech Initiative

On 21st April 2022, India Post Payments Bank (IPPB) launched a joint initiative named Fincluvation with the aim of collaborating with the financial technology (fintech) start-up community so...

April 22, 2022 India Nation & States Current Affairs

BharatPe wins DigiDhan Mission Fintech Award 2018-2019

BharatPe, India’s largest merchant fintech company, has won the DigiDhan Mission Fintech Award 2018-2019 for ‘Innovation in Digital Payments through Emerging Technology’ at the MeitY Startup Summit 2019...

October 28, 2019

Steering Committee on Fintech-related issues suggests new laws for consumer protection

The Steering Committee on fintech-related issues has recommended a new legal framework for consumer protection and has also suggested new cash flow-based financing options for micro, small and...

September 4, 2019

Subhash Chandra Garg heads Cryptocurrency panel that proposes ban on private digital currencies

The Inter-Ministerial Committee (IMC) set up to look into the legality of cryptocurrencies and blockchain has recently submitted its report to the Finance Ministry and recommended that private...

July 24, 2019

BuyUcoin has launched 1st Indian Platform for Wholesale Cryptocurrency Trading

2nd oldest Cryptocurrency Exchange company in India, BuyUcoin has launched a new and unique platform for wholesale cryptocurrency trading. This wholesale platform works on ‘free trading model’ which...

April 25, 2019

RBI to set up a regulatory sandbox for Fintech startups

To promote innovation in FinTech space, the Reserve Bank of India (RBI) has decided to set up a Regulatory Sandbox for Fintech Startups. The central bank will issue...

March 29, 2019

NITI Aayog organizes FinTech Conclave 2019

The Financial Technology (Fintech) Conclave has been organized by NITI Aayog in New Delhi and was inaugurated by Reserve Bank of India (RBI) Governor Shaktikanta Das. The objective...

March 25, 2019

RBI committee under chairman ship to deepen digital payments

The Reserve Bank of India (RBI) has recently appointed 5-member committee under the chairmanship of Nandan Nilekani to further deepen digital payments and enhance financial inclusion through Fintech....

March 25, 2019

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Topic: Financial technology