"According to a recently released report titled the 2023 Diary of Consumer Payment Choice by the Federal Reserve Bank of Atlanta, in May 2023, U.S. consumers made most of their payments with debit cards, credit cards, and cash with credit cards retaining the top level...
RBI Increases UPI Transaction Limits and e-Mandate Rules
"The Reserve Bank of India (RBI) has made significant updates to the Unified Payments Interface (UPI) transaction limits and e-mandate rules, according to Governor Shaktikanta Das."
Retail Lending: Risk Management of ‘Buy Now, Pay Later’ Lending
"The Office of the Comptroller of the Currency (OCC) issued a bulletin to assist banks in effectively managing risks associated with "buy now, pay later" (BNPL) lending and in offering BNPL loans in a responsible manner."
IDFC First Bank Launches Digital Credit Cards on the Rupay Platform
"IDFC FIRST Bank announces the launch of its IDFC FIRST Bank digital RuPay Credit Card, powered for UPI keeping in sync with its focus on enhancing customer convenience and revolutionizing transactional experiences."
Citcon Partners with Alipay+ to Enable Cross-Border Mobile Payment for U.S. Retail Merchants
"Citcon, an all-in-one payment service provider, announces its strategic partnership with Alipay+ to enable international e-wallet payments for retail merchants across the United States."
Payments and Fraud Training Preparation Course for the CPFPPMarch 1-May 3, 2024Virtual
Contracting for Generative AI in the Financial Services Sector – What In-House Lawyers Need to Know
"The financial services (FS) sector is increasingly seen as one of the key sectors at the forefront of the adoption of disruptive digital technologies."
Jack Dorsey’s Block Inc. Launches Self-Custody Bitcoin Wallet
"Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin wallet."
Cash App Introduces ‘Bread’ Zine to Boost Consumers’ Financial Literacy
"With the launch of ‘Bread,’ the fintech aims to reimagine and democratize aspects of personal finance, including Bitcoin."
Flutterwave Secures 13 New Money Transmission Licenses in the U.S. and Services 29 States with its Send App Remittance Solution for Consumers and Enterprises
"Flutterwave can now enable transfer of money to and from 29 U.S. states and to African countries and beyond."