Reserve Bank Of India

Inside the Upside of India’s New Bundled, Cross-Border Remittance System
Inside the Upside of India’s New Bundled, Cross-Border Remittance System
September 09, 2022  |  Cross-border Payments

In India, a broadening by the Reserve Bank of India (RBI) of the ways and means through which citizens can send money abroad will open...

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CBDC Weekly: Digital Dollar Project Starts Sandbox; IMF Pushes for Cross-Border Platform; India Plans Live Pilot
CBDC Weekly: Digital Dollar Project Starts Sandbox; IMF Pushes for Cross-Border Platform; India Plans Live...
September 06, 2022  |  CBDC

The U.S. Digital Dollar Project (DDP) has announced plans to create a technical sandbox where members and financial services providers can experiment with a U.S....

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Today in Crypto: RBI Governor Says India’s Crypto Warnings Led to People Avoiding It; Hardware Wallets See Boost in Sales After Hacks
Today in Crypto: RBI Governor Says India’s Crypto Warnings Led to People Avoiding It; Hardware...
August 23, 2022  |  Cryptocurrency

Shaktikanta Das, the Reserve Bank of India (RBI) governor, said people were persuaded to avoid crypto because of the bank’s warnings — a positive outcome...

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India Opens Discussion on Payment Fees
India Opens Discussion on Payment Fees
August 18, 2022  |  Payment Methods

Public feedback is being sought from consumers and merchants by the Reserve Bank of India (RBI) regarding all aspects of payment system charges across the...

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Reserve Bank of India Strengthens Digital Lending Rules
Reserve Bank of India Strengthens Digital Lending Rules
August 10, 2022  |  Bank Regulation

India’s central bank has issued new guidelines designed to add oversight to digital lending apps and the lenders who work with them. According to a...

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Crypto Regulation Weekly: Congress Could Challenge Control SEC Seeks With Ripple Suit
Crypto Regulation Weekly: Congress Could Challenge Control SEC Seeks With Ripple Suit
July 20, 2022  |  Cryptocurrency

All in all, this wasn’t a very good week for Securities and Exchange Commission Chairman Gary Gensler’s fight to win regulatory control over cryptocurrencies. As...

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LazyPay Temporarily Halts BNPL Offering Because of Regulatory Concerns
LazyPay Temporarily Halts BNPL Offering Because of Regulatory Concerns
July 05, 2022  |  Buy Now Pay Later

LazyPay, the lending arm of PayU India, is halting its support of its buy now, pay later (BNPL) product LazyPlus UPI until regulators sort out...

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FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
June 24, 2022  |  Regulation

Representatives from the FinTech industry are asking India’s central bank for more time to adhere to its new prepaid payment instruments (PPI) rule. The Reserve...

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Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
June 23, 2022  |  Technology

Today in technology regulation news, the U.K.’s Financial Conduct Authority (FCA) announced a new plan to use data analytics and AI to identify and prevent...

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