The FinTech Hub
Source: The Verge Today’s the day: Waymo’s unlikely partnership with Uber is now live in Austin, Texas. The former rivals have joined forces in the hopes of accelerating the transition to autonomous vehicles, and as of today, any Austin resident with a desire to take a trip in a fully driverless robotaxi can open their…
Source: Live Mint Indian stock market: The pain in Indian technology stocks is deepening with each passing day as signs of a slowing U.S. economy—where Indian tech giants have significant revenue exposure—are unsettling investor sentiment, leading to a severe sell-off on Dalal Street. Additionally, diminishing expectations of multiple U.S. Fed rate cuts in 2025, coupled…
Source: Live Mint National Payments Corporation of India (NPCI) has rolled out a latest circular to deal with rollout of numeric UPI ID mapper to enable UPI number. A UPI steering committee meeting was held on July 16, 2024 and multiple working group discussions for UPI numbers were held which were aimed at enhancing interoperability and user…
Source: Coin Tegraph THORChain generated more than $5 million in total revenue after the protocol’s asset swap volume hit record highs, driven by the exploiter behind the $1.4 billion Bybit hack. Centralized crypto exchange Bybit was hacked for over $1.4 billion worth of crypto on Feb. 21 in the largest hack in crypto history. The…
Source: Live Mint The Mutual Fund Investment Tracing and Retrieval Assistant (Mitra), launched by the Securities and Exchange Board of India (Sebi), is designed to track down inactive and unclaimed mutual fund folios, helping investors reclaim money they may have forgotten. These days, accessing mutual fund investments is as simple as logging into an online…
Source: Coin Tegraph The Bank of Israel released a preliminary design proposal for the digital Shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent for an official launch. On March 3, the Bank of Israel’s Steering Committee issued an initial design for an in-house CBDC — outlining its supporting ecosystem, functionality,…
Source: Live Mint Jio Financial Services Ltd will acquire 7.9 crore shares of Jio Payments Bank from State Bank of India (SBI) for ₹104.5 crore, making the payments bank its wholly owned subsidiary. Currently, Jio Fin holds an 82.17% stake in Jio Payments Bank, a joint venture between Reliance Industries-backed Jio Financial and SBI. Following…
Source: The Verge The Nothing 3A phones were just announced with a new take on the company’s “make tech more fun again” ethos. These devices have improved hardware over the Phone 2A, updated cameras, and a new feature called the Essential Space to store and index your miscellaneous screenshots, voice memos, and photographs, all through…
Source: Venture Beat Under new Canadian management, the mobile game studio Ludia plans to add 50 new jobs this year and possibly make some acquisitions. Read Full Article
Source: Live Mint The Indian credit card market as of March 2025 continues to grow at a fast pace, with estimates predicting a spectacular growth in card volumes in the future. But how many credit cards do you need? Now it is a given that there is no single answer to this, it varies based…
