Tag: RBI
RBI joins EPI as Acceptor PSP with new Wero payments
Raiffeisen Bank International (RBI), a leading Austrian banking group operating across Central and Eastern Europe, has formally joined the European Payments Initiative (EPI) as...
Indian FinTech market faced a sharp 48% funding drop in Q3...
Key Indian FinTech investment stats in Q3 2025: Indian FinTech funding dropped by 48% QoQ in Q3
Average deal value fell to $11.9m as...
India’s FinTechs told to prioritise underserved users
Reserve Bank of India (RBI) Governor Sanjay Malhotra has called on India’s FinTech sector to play a central role in building an inclusive, consumer-centric,...
Why banks must adopt biometrics to fight financial fraud
Biometrics are rapidly shifting from optional security features to a cornerstone of financial crime prevention strategies worldwide.
Regulators across Europe, Asia, and beyond are steadily...
Protectt.ai lands Series A investment to advance AI-powered cybersecurity
Protectt.ai, a leading provider of AI-powered mobile app security solutions, has secured INR 76Cr ($8.7m) in a Series A funding round led by Bessemer Venture Partners.
RBI sets new guidelines for banks to prevent money laundering and...
The RBI has reinforced its commitment to combat Money Laundering and Terrorist Financing by issuing new guidelines for banks, non-banking financial companies and other...
Digital lender Axio boosts operations with $20m investment from Amazon’s fund
Axio, formerly known as Capital Float, has announced a significant boost in funding, securing $20m from the Amazon Smbhav Venture Fund.
India’s central bank tightens peer-to-peer lending rules
The Reserve Bank of India (RBI) has announced stringent new guidelines aimed at curbing malpractices and protecting investor interests.
High interest rates cause Lending Tech seed deal activity to almost...
Key Global Lending Tech seed investment stats in Q1 2024:
• Lending Tech seed deal activity reached 46 funding rounds in Q1 2024, a 49%...
Boosting bank security: How HCL BigFix aligns with RBI’s latest compliance...
The Reserve Bank of India (RBI) serves as the primary financial regulator in India, steering monetary policies and overseeing the nation's banking framework. In a move to enhance cybersecurity in the financial sector, the RBI has unveiled its Cyber Security Framework, which sets a comprehensive suite of controls and guidelines to mitigate growing security risks effectively.
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