Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant ...

India's public sector banks see growth in CBDC transactions, with SBI offering e-rupee to customers and merchants.

Cred and MobiKwik became the first Indian fintech firms to roll out e-wallets for the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC), MediaNama previously reported.

Cred has introduced the e-Rupee wallet in partnership with Yes Bank, under the RBI's CBDC initiative. This wallet enables UPI-linked transactions and imposes daily and per-transfer limits.

Finding the balance between regulation and innovation will decide India's place in the new world of digital finance.

Digital payment platforms MobiKwik and Cred have entered the Central Bank Digital Currency (CBDC) space by launching their respective e-Rupee (e₹) wallets in partnership with the Reserve Bank of ...

This collaboration marks their distinction as the pioneering fintech platforms to join hands with the RBI for the implementation of the central bank digital currency (CBDC). Yes Bank has been ...

MobiKwik is now scaling its CBDC project and has launched a full-fledged e-rupee (e₹) acceptance in partnership with the Reserve Bank of India (RBI) and YES BANK. With this, MobiKwik has becom ...

The RBI, in April last year, proposed to extend CBDC accessibility to a broader user base. The move then opened the doors for non-bank payment operators to make CBDC transactions, which were only ...

Cred and MobiKwik, two major Indian fintech platforms, are rolling out e-wallets for the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC), with both announcing declarations to ...

On cyber security, BoB CEO and MD said that the banking industry needs to work on protecting the sanctity of the financial ...