Speed raises $8M for Lightning Network payments in India
Indian startup Speed raises $8 million from Tether and Ego Death Capital to build a global Lightning Network payment infrastructure, aiming to make instant, low-cost transactions a reality.
Category : Search result: cash payments
Cash Dominates in India Despite Digital Push
Despite a major digital payments push, cash remains dominant in key sectors like real estate, agriculture, and rural retail. Expert Subhash Chandra Garg explains why. Read the full analysis.
Taiwan's cash handout holds a lesson for India
Taiwan's universal cash transfer reveals how high GDP growth can mask weak consumption. India faces similar issues, but its welfare politics differ. Learn the key economic insights.
Real-Time Payments Boom, E-commerce Fraud Declines Globally
A new report reveals a 42% surge in real-time payment transactions globally, while e-commerce fraud rates show a welcome decline. Discover the trends shaping digital finance.
Rs 60 Lakh Unaccounted Cash Seized in Coimbatore
Coimbatore police seized Rs 60 lakh unaccounted cash from a two-wheeler rider from Maharashtra. The man was intercepted during a routine check near Selva Chinthamani Tank. Read the full details.
Coimbatore cops seize ₹56 lakh cash from Kerala biker
Coimbatore police seized ₹56 lakh unaccounted cash from a motorist heading to Kerala. The money was hidden in a secret compartment. Read the full story for details.
Debit Card Use Falls, UPI & Credit Cards Gain in India
A new report reveals a 16% drop in debit card usage in India, as consumers prefer UPI for daily spends and credit cards for high-value purchases. Explore the changing landscape of digital payments.
Amazon Pay UPI Biometric Authentication Launched in India
Amazon Pay introduces UPI biometric authentication for Android users, enabling PIN-free transactions up to ₹5,000 using fingerprint or facial recognition for faster, more secure payments.
RBI Grants Paytm Offline, Cross-Border Payment Aggregator Licence
Paytm Payments Services secures RBI authorisation to operate as a payment aggregator for offline and cross-border transactions, expanding its financial services footprint. Discover the implications for India's digital payments landscape.
Amazon Introduces Biometric UPI Payments in India
Amazon India launches biometric authentication for UPI payments, enabling faster, password-free checkouts. This move aims to boost digital payment security and convenience for millions of users.
RBI Employees Report Shortage of Small Denomination Notes
The All India RBI Employees Association warns of a cash crunch for small notes in rural & semi-urban areas, impacting daily transactions. Read the full story and the union's demands.
RPF seizes Rs 38.20 lakh unaccounted cash on Kanpur train
Railway Protection Force recovers Rs 38.20 lakh in unaccounted cash from a passenger on Netaji Express at Kanpur Central. The money has been handed over to the Income Tax Department for investigation. Read the full details.
Revolut India Aims to Simplify Cross-Border Payments
UK fintech Revolut plans to disrupt India's cross-border payments, targeting travel, education, and freelancers. CEO Paroma Chatterjee details strategy for 20M users by 2030.
Farrukhabad: ₹7.5 Lakh Looted, Employee Shot
In a daring daylight robbery in Farrukhabad, motorcycle-borne assailants shot a cash collection employee and fled with ₹7.5 lakh. Police have recovered evidence and are investigating.
RBI Grants In-Principle SFB Approval to Fino Payments Bank
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
Rs 1.05 Crore Cash Seized at Shamlaji Checkpost
Aravalli police seized Rs 1.05 crore in unaccounted cash from a car at Shamlaji checkpost. The driver failed to explain the source, raising hawala transaction suspicions. Income Tax Dept. informed.
Why Indian Companies With ₹5 Trillion Cash Are Cautious
Indian corporations are sitting on a massive ₹5 trillion cash reserve but remain hesitant to invest in expansion. Discover the key economic and global factors behind this cautious strategy.
XFlow Plans 10x Cross-Border Volume Growth in 18 Months
XFlow announces ambitious plan to multiply cross-border payment volumes 10x within 18 months, expanding global reach and enhancing digital payment solutions for businesses.
RBI's PA-CB License Ignites Fintech Funding Boom
India's cross-border payments transform as RBI's new license enables fintechs to capture 20% of $1.6T market. Startups raise millions to streamline exports for SMEs.
CBI Gets 3-Day Remand in Odisha SI Recruitment Scam
CBI obtains 3-day custody of four accused in Odisha police recruitment scam. Investigation expands to trace money trail and uncover multi-state conspiracy network. Read latest developments.
Partha Chatterjee's bail at risk after skipping ED court
Former Bengal minister Partha Chatterjee faces bail cancellation threat after failing to appear before ED court in cash-for-jobs scam case. Get the latest updates.
Partha Chatterjee's bail at risk after skipping ED court
Former Bengal minister Partha Chatterjee faces bail cancellation threat after failing to appear before ED court in cash-for-jobs scam case. Get the latest updates on the political implications.
Ludhiana Employee Flees with ₹20 Lakh Company Cash
Trusted employee Vishwajeet Verma allegedly absconded with ₹20 lakh collected from clients and company scooter in Ludhiana. Police register FIR after 4-month inquiry. Read full details.
SC to hear plea against political parties' cash donations
Supreme Court agrees to examine plea challenging income tax exemption for political parties receiving anonymous cash donations below Rs 2,000, seeking transparency in political funding.
Bengaluru Cash Heist: Two Arrested, Rs 6.55 Cr Recovered
Bengaluru police arrest two more suspects in CMS Info Systems cash van robbery near Jayanagar. Recovery of Rs 6.55 crore marks major breakthrough in investigation. Read latest updates.
Jio Payments Bank's Rapid Network Expansion
Jio Payments Bank expanded its business correspondent network to nearly 200,000 in Q2 FY26, closing gap with Airtel Payments Bank through aggressive hiring and new product launches.
Bengaluru Police Solves Rs 7.11 Crore Heist in 54 Hours
Bengaluru police cracked the massive Rs 7.11 crore cash van heist within 54 hours using 200 officers across 11 special teams. Read the full investigation breakdown.
Bengaluru Cash Van Heist: 3-Month Planning Exposed
Bengaluru police uncover sophisticated cash van robbery where gang studied routes for 3 months before stealing ₹21.5 lakh. Read the shocking details of the planned heist.
7th Arrest in Bengaluru's Rs 7.11 Crore ATM Robbery
Bengaluru police make breakthrough arrest in massive Rs 7.11 crore cash van robbery. Seventh suspect captured in city's southern area. Read latest developments.
Bengaluru Cash Van Heist: 3-Month Planning Revealed
Bengaluru police uncover sophisticated cash van robbery where gang studied routes for three months. Multiple arrests made in Rs 29.5 lakh heist case. Read full investigation details.
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