For instance, six years after it was first proposed, the Reserve Bank of India’s New Umbrella Entity (NUE) scheme continues ...

India is asking the Financial Action Task Force (FATF), a global money-laundering watchdog, to reduce compliance requirements ...

The latest regulations mandate banks, Payment Service Providers (PSPs), and third-party UPI service providers like PhonePe, ...

India has requested the FATF relax its anti‑money laundering requirements for cross‑border payments processed through its ...

The Unified Payments Interface experienced major disruptions on Wednesday, affecting digital transactions in India. Users ...

The Unified Payments Interface (UPI) is encountering significant disruptions, impacting users' ability to make instant ...

Unified Payment Interface (UPI) services experienced widespread disruptions, affecting users across various apps in India.

UPI services faced technical glitches which caused disruptions in payments. While it was frustrating for users, some of them ...

Unified Payment Interface (UPI) services went down in India across multiple apps, causing chaos and several failed payments.

The Unified Payments Interface (UPI), an essential platform for smooth digital transactions, is currently facing an outage.

The Payments Council of India urges the government to reassess the Zero Merchant Discount Rate policy for UPI and RuPay ...

Expected to be rolled out in phases across platforms, with full availability by April 2025, BHIM 3.0 will be available in ...