International Banking Current Affairs, GK & News
NPIC to export UPI, sets up subsidiary: RBI Governor
The Unified Payment Interface was introduced in India in 2016. Based on its performance, Google has recommended similar service called FedNow to the US Federal Reserve Board. With its growing popularity, the RBI on December 16, 2019 announced that NPCI will set up a subsidiary to export UPI. India is already extending the app to ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs
Topics: Banking Sector • Banking Technology • Electronic Banking Transactions • Financial Transactions • Google • International Banking • Internet banking • NPCI • UPI
GPI Tracker system: SWIFT broadens payment tracking capabilities
The SWIFT (Society for World Interbank Financial Telecommunication System) platform has expanded its GPI (Global Payment Innovation) Tracker system to help banks track their global transactions at all times and keep full vigil on payments activity. Key Facts From November 2018, GPI Tracker system i.e. unique end-to-end transaction reference will be included in all payment ..
Month: Current Affairs - March, 2018
Topics: Banking • Financial technology • GPI Tracker system • International Banking • Payment Tracking • SWIFT