Tag: India
Indian competition regulator dismisses antitrust case against WhatsApp’s payment services
Competition Commission of India (CCI) has dismissed a case accusing WhatsApp of abusing its market dominance in the payment space.
Bank of India to protect customers with REL-ID
Bank of India has selected REL-ID to improve the security for its customers by leveraging protection, detection and correction technologies.
Court extends period it’s keeping Yes Bank’s co-founder in custody on...
Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.
ESMA warns that Brexit and the US-China trade war are still...
Massive geopolitical events continue to stir up a lot of financial market volatility, according to the EU’s leading financial markets watchdog.
India’s central bank sooths e-wallet customers’ cancellation fears with new low...
Millions of digital wallet users can keep their accounts after the Reserve Bank of India's (RBI) new move.
Reserve Bank of India fines HDFC Bank $107,696 for failing to...
The central bank of India has found a lender’s due diligence procedures lacking and has fined the bank Rs one crore ($107,696) as a result.
Indian central bank gives thumbs up for video-based customer identity verification
Financial firms in India can now use video-based methods to verify the identities of their customers.
New e-KYC guidelines published by Indian regulator to help illiterate people...
People who cannot read have been given more opportunities to open new bank accounts in India thanks to new electronic know your customer (e-KYC) guidelines.
India is getting close to implementing Personal Data Protection Bill
India’s personal data protection regulation is allegedly set to be introduced in parliament during the government’s current winter session.
India is reviewing WhatsApp before it introduces its payments services in...
Facebook-owned WhatsApp plans to introduce a digital payment service in India. As part of the process, the country is reviewing an audit report from the company.