BANKING & FINANCE
HiWiPay Gets IFSCA Nod To Set Up Payment Services Arm In GIFT City
Cross-border payments platform HiWi Forex Transaction Services Pvt Ltd (HiWiPay) has received in-principle approval from the International Financial Services Centres Authority (IFSCA) to establish a wholly-owned subsidiary as a payment service provider (PSP) at the GIFT International Financial Services Centre (GIFT IFSC). The approval marks a significant milestone for the fintech company as it seeks […]
CW Bureau
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Jul 1, 2026
BANKING & FINANCE
CAMS Doubles Down On AI, Platform Modernisation Amid Diversification
Computer Age Management Services Ltd (CAMS) is strengthening its technology-led growth strategy with continued investments in platform modernisation, digital architecture, automation and artificial intelligence (AI), as the company seeks to consolidate its leadership in India’s rapidly expanding financial services ecosystem. In his message to shareholders in the company’s Annual Report 2025-26, CAMS Chairman Dinesh Kumar […]
CW Bureau
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Jun 16, 2026
STARTUP/TECHNOLOGY
Paytm Launches Pocket Money For Teenagers To Make UPI Payments
Paytm (One 97 Communications Ltd), India’s full-stack merchant payments leader serving MSMEs and enterprises, and the pioneer of mobile payments, QR codes and Soundbox, has announced the launch of Paytm Pocket Money. The feature enables teenagers to make Paytm UPI payments without having their own bank account, while allowing parents and trusted family members to […]
CW Bureau
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May 18, 2026
BANKING & FINANCE
Digital NBFCs’ Personal Loan Book Set To Surpass ₹3.6 Lakh Cr By FY30
The personal loan portfolio of digital NBFCs is expected to exceed ₹3.6 lakh crore by FY30, translating into a CAGR of 26%–28% over FY25–FY30. Growth prospects remain strong, driven by increasing digital penetration and an expanding borrower base, according to a CareEdge report. Outstanding Personal Loan Portfolio Doubles As per data from the Fintech Association […]
CW Bureau
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Mar 28, 2026
