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UPI free but banks put limits as norms clash

According to a report, this conflict can be overcome if the RBI takes over the costs of UPI payments just as it absorbs cost-of-currency transactions.

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Illegal digital lending apps driving citizens to suicide, says Ministry of Home Affairs

The ministry has noted that "many of these illegal lending apps may not be regulated entities by RBI and are using bulk SMS, digital advertisement, chat messengers and mobile app stores on a massive scale".

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Ransomware hackers hit Australian defence communications platform

The ForceNet service, one of the external providers the defence department contracts to run its websites, has come under attack but so far no data have been compromised, assistant minister For Defence Matt Thistlethwaite said.

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Pay $20 a month for verification badge on Twitter: report

After having sacked the entire top brass at the microblogging platform following his acquisition, Musk now wants to overhaul Twitter's user verification process.

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ETSA 2022: And the winners are…

This year’s meeting took place against the backdrop of widespread turmoil across public and private markets, which has slashed the valuations of several startups amid a severe crunch in late-stage funding.

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ET Startup Awards 2022: Here's how we selected this year's winners

Having seen at least two cycles of the funding boom followed by a tech winter, the awards are a true testament to the way Indian entrepreneurship has matured in the past eight years amid many crests and troughs.

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NextGen ties up with Sa-Dhan to promote digital payments

NextGen plans to bring technical solutions like setting up an UPI Auto pay platform for regular EMIs as an auto pay function, riding on the UPI 123Pay service platform with NPCI

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...