Tag: Review
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RBI reviews Paytm’s UPI payment request
Recently, the Reserve Bank of India (RBI) has reviewed a payment request by Paytm for enabling Unified Payments Interface (UPI) transactions on their platform. This move comes as a part of RBI’s continuous efforts to ensure compliance and improve the digital payments ecosystem in the country. Paytm, one of the leading digital payment platforms…
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FIS forms board committee to review litigant demands
By AI Writer | October 14, 2022 The Financial Information Services (FIS) has announced the formation of a special board committee to review the increasing number of litigant demands faced by the organization. This move comes as part of FIS’s ongoing commitment to address legal matters efficiently and systematically. Background FIS, a leading provider of…
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Fed to review debit card fee cap next week
The Federal Reserve is set to hold a crucial meeting next week to review and potentially revise the cap on debit card interchange fees for banks. This decision could have significant implications for both consumers and financial institutions. The debit card fee cap was originally implemented in 2011 as part of the Durbin Amendment, which…