National Payments Corporation of India

ConnectWise Announces Strategic Business Management Integrations and Payment Enhancements Ahead of Flagship IT Nation Connect 2023

Retrieved on: 
Wednesday, October 25, 2023
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There are more than 10 new Business Management Solution portfolio integrations unveiled by ConnectWise in 2023 with more to come.

Key Points: 
  • There are more than 10 new Business Management Solution portfolio integrations unveiled by ConnectWise in 2023 with more to come.
  • ConnectWise will outline this vision in-depth at IT Nation Connect 2023 , the premiere thought-leadership conference for TSPs, hosted by ConnectWise in Orlando, FL, November 8-10.
  • ConnectWise’s Business Management Solutions are being reimagined on the Asio platform with partner experience at the forefront, better enabling TSPs to generate new business while efficiently retaining existing customers.
  • "All the pieces are in place for this to be the most exciting IT Nation Connect yet," said Jake Varghese, executive vice president and general manager, Business Management Solutions at ConnectWise.

NPCI International enters into strategic partnership with Al Etihad Payments to develop UAE's Domestic Card Scheme

Retrieved on: 
Tuesday, October 10, 2023
Partnership, Knowledge, NPCI, Digital transformation, FIT, NIPL, AEP, Central bank, Highness, DCS, Growth, Assistant, National Payments Corporation of India, Data analysis, Online shopping, Drug

MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).

Key Points: 
  • MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).
  • The agreement was exchanged between Saif Humaid Al Dhaheri, Assistant Governor – Strategy, Financial Infrastructure and Digital Transformation at CBUAE and Chairman of AEP, and Dilip Asbe, Managing Director and Chief Executive Officer of NPCI, representing NPCI International Payments Limited.
  • Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL), said, "We are pleased to announce our collaboration with the Central Bank of the UAE and Al Etihad Payments.
  • Together, we will work on building, implementing, and operationalising the UAE's National Domestic Card Scheme.

NPCI International enters into strategic partnership with Al Etihad Payments to develop UAE's Domestic Card Scheme

Retrieved on: 
Tuesday, October 10, 2023
Partnership, Knowledge, NPCI, Digital transformation, FIT, NIPL, AEP, Central bank, Highness, DCS, Growth, Assistant, National Payments Corporation of India, Data analysis, Online shopping, Drug

MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).

Key Points: 
  • MUMBAI, India, Oct. 10, 2023 /PRNewswire/ -- In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL) , have announced a strategic partnership to advance the development of the UAE's first national Domestic Card Scheme (DCS).
  • The agreement was exchanged between Saif Humaid Al Dhaheri, Assistant Governor – Strategy, Financial Infrastructure and Digital Transformation at CBUAE and Chairman of AEP, and Dilip Asbe, Managing Director and Chief Executive Officer of NPCI, representing NPCI International Payments Limited.
  • Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL), said, "We are pleased to announce our collaboration with the Central Bank of the UAE and Al Etihad Payments.
  • Together, we will work on building, implementing, and operationalising the UAE's National Domestic Card Scheme.

Hyperledger Foundation Adds Seven New Members; Moves Two Projects to Graduated Status

Retrieved on: 
Wednesday, October 4, 2023
Cloud, Knowledge, Learning, LLP, Enterprise, JSCC, National Payments Corporation of India, DLT, Linux Foundation, Norges Bank, Associate, Certification, Organization, Digital asset, Linux, SAN, NPCI, NTT Data, Ecosystem, NTT, Cryptocurrency, Blockchain, Hyperledger, CBDC, Textile, Calipers

SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- Today, Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced seven new members, including Blocklabs, Deloitte, Japan Securities Clearing Corporation and Norges Bank. The global line-up of new members reflects the worldwide engagement in the Hyperledger ecosystem. To support its widespread member community, Hyperledger Foundation is also hosting two versions of its annual Member Summit. The member-only event, which gives attendees the opportunity to shape the community's plans for the next year, will be held in San Francisco in October and Tokyo in December. 

Key Points: 
  • To support its widespread member community, Hyperledger Foundation is also hosting two versions of its annual Member Summit.
  • In addition, Hyperledger Cacti and Hyperledger FireFly each reached a major milestone when the Technical Oversight Committee (TOC) voted to move them to graduated status.
  • Both of these newly graduated projects are highlighted for their roles in CBDC deployments in a newly updated " Hyperledger in Action in CBDC ."
  • As such, pre-approved non-profits, open source projects and government entities can join Hyperledger Foundation at no cost as associate members.

Fintech giant EBANX expands operations to India, leveraging booming digital payments and digital commerce markets

Retrieved on: 
Monday, September 18, 2023
Online, Acceleration, Morgan Stanley, Digital Games Research Association, Software as a service, Online shopping, Global Payments, Social media, National Payments Corporation of India, Unified Payments Interface, Tech, UPI, USD, Movement, GDP, NPCI, Growth, Digital, Recurrence, Cryptocurrency

CURITIBA, Brazil, Sept. 18, 2023 /PRNewswire/ -- Tech company specializing in payments for rising markets EBANX announced today the expansion of its operations to India, adding a new region to its portfolio that already reaches 18 countries in Latin America and Africa. With its technological and financial solutions, EBANX will enable global merchants to offer their Indian customers the most used local payment methods, starting with the local real-time payments system UPI (Unified Payments Interface) and cards, enabling businesses and people to thrive in the booming digital commerce space in India.

Key Points: 
  • India holds immense potential for digital payment solutions, and EBANX is committed to leveraging this opportunity.
  • The country saw its digital payments grow four times over the last six years, solidifying a very diverse, customer-centric payments landscape that has access at its core.
  • "In rising markets like Latin American and African countries, we noticed a movement towards real-time and alternative payments.
  • "As the Indian market warmly embraces digital payments and digital commerce continues its rapid growth, we see great opportunities for businesses, and meaningful partnerships being fostered.

Fonepay and NIPL Coming Up With Cross Border QR Code-Based Payment Solution Between Nepal and India

Retrieved on: 
Thursday, September 14, 2023
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Kathmandu, Sept 15, 2023 - (ACN Newswire) - Fonepay Payment Service Ltd, Nepal's Largest Payment Network and NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India, are now ready to launch the first QR code-based payment solution between Nepal and India.

Key Points: 
  • Kathmandu, Sept 15, 2023 - (ACN Newswire) - Fonepay Payment Service Ltd, Nepal's Largest Payment Network and NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India, are now ready to launch the first QR code-based payment solution between Nepal and India.
  • This historic unveiling took place at the Global Fintech Fest 2023, a global gathering of fintech visionaries, thought leaders and innovators.
  • This collaboration between Fonepay and NIPL will empower millions of citizens of both nations, to securely and conveniently make instant payments through QR code across various stores by using the mobile application certified by Fonepay and NPCI.
  • Speaking on the same occasion, NIPL said, "This initiative signifies our commitment to innovation in the fintech space and strengthens bonds between our nations.

Global Prepaid Card and Digital Wallet Business Databook 2023: A $2,540 Billion Market by 2027 - Access Comprehensive Global and Country Reports for Unlocking the Future of the Prepaid Industry - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 14, 2023
Technology, Electronic Commerce, Spend, NETS, Partnership, Network, Habit, Alipay, Touch 'n Go, National Payments Corporation of India, Consumer, UPI, Electronic, Paytm Payments Bank, COVID-19, Collection, NPCI, United Kingdom, Growth, Line 1 (Mumbai Metro), KPI-driven code analysis, Cryptocurrency, Bank, Financial services, Online shopping, Payment card

Discover the dynamic landscape of the global prepaid card market with our comprehensive report.

Key Points: 
  • Discover the dynamic landscape of the global prepaid card market with our comprehensive report.
  • This upward trajectory is expected to elevate the market value from its 2022 figure of US$1,533.37 billion to a staggering US$2,540.68 billion by 2027.
  • Dive into a detailed and data-centric analysis of prepaid payment instruments, encompassing both prepaid cards and digital wallets across retail and corporate consumer segments.
  • The rapid growth of the global prepaid card ecosystem is closely intertwined with the surge in digitalization.

Global Fintech Fest 2023

Retrieved on: 
Thursday, September 7, 2023
Professional Services, Other Professional Services, Technology, Finance, Fintech, Internet, Banking, Ministry of Finance, FCC, Risk and strategic consulting, RBI, Central bank, Economy, Reserve Bank of India, National Payments Corporation of India, Journey, CBDC, GFF, Information technology, Nepal Rastra Bank, Digital currency, Department of Economic Affairs, Ministry of Electronics and Information Technology, Government, PCI, Ministry, DEA, Reserve Bank, International Financial Services Centre, NPCI, Financial inclusion, Central bank digital currency, Payments Council, Cryptocurrency, Electronics

“Introduction of Central Bank Digital Currency (CBDC) in Nepal shall be envisioned in a phased manner,” said Mr. Maha Prasad Adhikari, Governor, Nepal Rastra Bank, during a special address on ‘Empowering Financial Inclusion through Fintech Innovation: Nepal's Journey towards a More Inclusive Financial Landscape’ at the Global Fintech Fest 2023.

Key Points: 
  • “Introduction of Central Bank Digital Currency (CBDC) in Nepal shall be envisioned in a phased manner,” said Mr. Maha Prasad Adhikari, Governor, Nepal Rastra Bank, during a special address on ‘Empowering Financial Inclusion through Fintech Innovation: Nepal's Journey towards a More Inclusive Financial Landscape’ at the Global Fintech Fest 2023.
  • Mr. Adhikari said that the government of Nepal considered digitalisation as its top priority and accordingly formulated its Digital Nepal Framework in 2019.
  • In alignment with this the issuance of the Nepal Pay Card, like India’s RuPay card, is in progress.
  • Highlights of Global Fintech Fest 2023:
    3 days | 13 tracks | 800+ Speakers | 15+ Thought Leadership Reports |81 Academic Papers| 50+ Workshops | 125+ Countries | 250+ Sessions | 250+ Investors |500+ exhibitors |150K Sq.

Global Fintech Fest 2023 - AFAQ and BUNA Systems Have Improved Payments in GCC: Khaled Al Basias of Saudi Central Bank

Retrieved on: 
Friday, September 8, 2023
Ministry of Finance, JPMorgan Chase, FCC, GCC, RBI, Economy, Reserve Bank of India, Bank of Japan, National Payments Corporation of India, GFF, Information technology, Digital, Federal Department of Economic Affairs, Education and Research, Former, Ministry of Electronics and Information Technology, PCI, Bank of Finland, Ministry, BCG, DEA, Digital asset, Reserve Bank, International Financial Services Centre, NPCI, RTGS, Knowledge, Bank, Payment, Payments Council, Electronics, Fintech, MD

MUMBAI, India, Sept. 8, 2023 /PRNewswire/ -- Speaking at Global Fintech Fest 2023, H.E.

Key Points: 
  • MUMBAI, India, Sept. 8, 2023 /PRNewswire/ -- Speaking at Global Fintech Fest 2023, H.E.
  • Khaled Al Basias, Director Financial Sector Development, Saudi Central Bank highlighted that the AFAQ and BUNA systems have helped improve payments in the GCC region.
  • AFAQ system was created in 2020 to link all the GCC countries' RTGS payments and central banks for foreign exchange transactions.
  • Highlights of Global Fintech Fest 2023:
    3 days | 13 tracks | 800+ Speakers | 15+ Thought Leadership Reports | 81 Academic Papers | 50+ Workshops | 125+ Countries | 250+ Sessions | 250+ Investors | 500+ exhibitors | 150K Sq.

Global Fintech Fest 2023: Standardisation Across Regulators Key for Interoperability Success: Adeeb Ahamed, MD, Lulu Financial Holdings

Retrieved on: 
Thursday, September 7, 2023
Ministry of Finance, Central Reserve Bank of Peru, FCC, RBI, National Payments Corporation of India, Economy, Reserve Bank of India, GFF, Information technology, Key, UPI, Federal Department of Economic Affairs, Education and Research, Ministry of Electronics and Information Technology, PCI, Future, Ministry, DEA, Reserve Bank, International Financial Services Centre, NPCI, Illinois Department of Central Management Services, RTP, Volt, Entrepreneurship, Payments Council, Cryptocurrency, Electronics

The session was hosted by Maria Francis, Incharges for Americas, NPCI International Payments Limited.

Key Points: 
  • The session was hosted by Maria Francis, Incharges for Americas, NPCI International Payments Limited.
  • Honor Gunday said, "For a foreign merchant wanting to process payments from India, it is difficult to take money out.
  • Besides, when consumers want to buy something from outside, their credit cards get blocked and mostly not open for foreign transactions.
  • Speaking on the complexity of interoperability, Tom Greenwood said, "UPI is the shining beacon example of successful implementation of RTP globally.