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Indias real-time money transfer platform IMPS has been rated the best global payments innovation by US-based research firm Fidelity National Information Services (FIS ). (Photo: Financial Chronicle)

India's IMPS rated best global payments innovation

IMPS launched in 2010 arguably has the most evolved and sophisticated public digital payments infrastructure.

16 Oct 2018 10:22 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India receives USD 69 bn remittances in 2017; retains top slot

India has retained its position as the top remittances receiving country with its diaspora sending about USD 69 billion...

23 April 2018 1:29 PM IST

Paytm has revamped its app to make it even more user friendly and intuitive.

Paytm aims exponential growth; revamps app for better user interface

The new update personalises the app experience for the user, showcasing frequent use cases at a customised level.

2 April 2018 12:58 PM IST

If an account has not been memorialised, Facebook uses AI to help keep it from showing up in places that might cause distress. (Photo: ANI)

Facebook scrapping messenger payments in UK

Facebook will continue to support other transactions such as donations to charitable organisations.

17 April 2019 11:30 AM IST

Indias real-time money transfer platform IMPS has been rated the best global payments innovation by US-based research firm Fidelity National Information Services (FIS ). (Photo: Financial Chronicle)

IMPS is world's best money transfer platform

India is one market which has successfully integrated real-time payments with mobile and the result has been 1,000 per...

20 Sept 2019 2:32 AM IST

An e-wallet is a virtual wallet where you can keep money in digital form.

Reserve Bank makes NEFT funds transfer faster, easier

Central bank says NEFT settlement cycle will be reduced from hourly batches to half hourly batches.

6 April 2017 5:47 PM IST

Facebook-related images affect time by changing how we pay attention to them (Photo: AFP)

TransferWise launches international money transfers via Facebook

An automated program that can help users communicate with businesses and carry out tasks such as online purchases

21 Feb 2017 9:01 PM IST