Tag: India
Yes Bank opens FinTech startup accelerator programme
The application process is open until 2 February 2017. Eight to 12 start-ups will be chosen. The cohort will commence on 13 March and continue for 15 weeks. Read more: www.bankingtech.com
As India goes cashless, its central bank researches blockchain
As India's government pushes ahead with a controversial plan to move the country away from physical cash, blockchain becomes a more viable alternative. Read more: www.coindesk.com
FinTech in India: what makes UPI transactions more secure
Unified Payments Interface (UPI) has become pretty popular recently in the news in India, although most consumers have not been able to experience the revolution and the magic moment that comes along when paying through UPI. Read more: www.e27.co
The mobile wallet that can still make payments with no internet
Klozest is in talks with leading wallets in India to integrate its software development kit into their apps to enable payments that require no internet, or bluetooth, or the NFC chips used by Apple Pay. Read more: www.techinasia.com
South-East Asia gets its first bitcoin startup incubator
At the end of the three-month programme, each startup will receive US$50,000 in funding in return for 8% to 15% equity from Satoshi Studios. Read more: www.e27.co
Yes Bank uses blockchain to ease vendor financing
India's Yes Bank has enlisted the help of IBM for a blockchain project that digitises vendor financing for client Bajaj Electricals. Read more: www.finextra.com
Paytm gains permission to launches its Payments Bank
The Reserve Bank of India has granted the company permission to formally announce the launch of its Paytm Payments Bank. Read more: www.thetechportal.com
Will online investing be the next big thing in FinTech?
The sad truth is that most people don't really know how to manage their money. Read more: www.gadgets.ndtv.com
Mobile payments and services startup instantPay picks up $5m
Indian mobile payments and financial services startup instantPay has raised about $5m in a pre-Series A round of funding. Read more: www.fintechroundup.com
Mahindra Comviva adds chat bot assistance to mobile wallet
Mahindra Comviva announced the new version of its mobile wallet, which now includes a chat bot to assist users with digital payments. Read more: www.mobilepaymentstoday.com