KPMG in India announces strategic alliance with CleverTap to advance customer engagement and retention capabilities NexTech BFSI 2026, Mumbai Budget 2026 push for AI adoption at scale with Rs 1,000 crore for IndiaAI Mission BFSI Sector Records 29% Employment Misrepresentation: Report Highlights Regulatory Risks and Need for Enhanced Due Diligence Adda Education’s Career247 Launches School of Banking to Power India’s BFSI Workforce Iksha Labs Set to Unveil Custom AI Voice Agents for BFSI sector to drive operational efficiency at scale Exclusive Domains ‘bank.in’ and ‘fin.in’ Introduced by RBI: A New Shield Against Financial Cybercrime South India Records Highest Malware Detections in 2024, Reports Seqrite-DSCI India Cyber Threat Report 2025 Fraud detection, face payments and real-time cross border payments key trends for 2025: Phi Commerce Union Bank of India Pioneers Accessibility Features in Digital Rupee Application Karnataka Bank leverages Nutanix Cloud Platform for critical business applications Bank of Baroda launches Phygital branches to enrich the banking experience for customers UPI remains dominant payment player with over 78 billion transactions in the H1 2024 Banks are ready to spend more money on cloud: Infosys PSB Alliance empanels AWS to drive digital transformation for India’s public sector banks Hitachi Payment Services unveils India’s first Android-Based Cash Recycling Machine Pine Labs and Visa announce partnership to boost digital payments adoption across Bharat Airtel Payments Bank Introduces Face Match to Enhance Account Security UPI One World’ wallet service now available to inbound international travellers visiting India Bandhan Bank goes live with online collection of Direct Taxes AI Adoption Gains Traction Among Financial Advisors, Highlights Opportunities for Enhanced Client Service and Efficiency: Horsesmouth Survey Axis Bank collaborates with Mastercard to launch NFC Soundbox PayU Receives RBI’s In-Principle Approval to Operate as a Payment Aggregator and Onboard New Merchants New Oracle AI-powered Cloud Service Helps Banks Mitigate Anti-Money-Laundering Risks AU Small Finance Bank collaborates with Salesforce to transform digital customer onboarding for vehicle loans Federal Bank completes India’s first-ever single bank digital export collection bill transaction in partnership with WaveBL None of the Top 10 banks are collecting DPDP-compliant consent Cashfree Payments launches ‘Embedded Payments’, enabling software platforms to offer seamless payment experiences for businesses Only 6% of retail banks have built an enterprise roadmap to drive AI-driven transformation at scale GenAI set to boost Indian Financial Services; potentially add USD$ 80 billion to GVA by 2030: EY Report HDFC ERGO integrates into customers’ lives with innovative upgrades to its Here app Canara Bank’s ‘Be Cyber Smart’ campaign across state Bus Stations empowering Rural India LoanTap’s technology division, LTFLoW Partners with The Cosmos Co-op Bank Ltd. for an Innovative Web-based Acquisition Platform for Retail Loan Products PayU’s LazyPay partners with Thought Machine to shape the future of credit solutions in India Flywire Partners with State Bank of India (SBI) to Digitize Education Payments from India BajajCapital & WebEngage enter a strategic partnership to revolutionise customer engagement 3 in 10 financial services and insurance businesses face IT outages at least once a week: New Relic study Vymo’s ‘Rise of AI’ report highlights the the role of AI in transforming Insurance Distribution in 2023 Digital lending expands further with 40% increase Q2 FY 23-24: FACETS Report Genpact Works with AWS and Amazon Business to Redefine Insurance Claims Lifecycle Cyber insurance gains momentum in India; set to witness exponential growth: Deloitte’s report Spice Money and NSDL Payments Bank Join Forces to Revolutionize Rural Banking in India Bank of Baroda awarded Payment Card Industry Data Security Standard (PCI DSS) Compliance Certificate by SISA SBI Chairman launches Rs 22.50 Cr “SBI Foundation Hub for Data Science and Analytics” at IIT Bombay PNB launches ‘PNB Swagat’: A Seamless Digital Personal Loan Solution for New Customers Bank of Baroda Enables UPI ATM facility at over 6,000 ATMs across the country Indian Bank collaborates with IBM to deploy future ready compute infrastructure to enhance scalability and agility PNB launches PNB GST Sahay App, enabling MSMEs to access instant loans digitally using GST invoices Tata AIA introduces Industry-First Premium payment through WhatsApp and UPI Aditya Birla Capital Collaborates with Hexaware to Build an Immersive Metaverse Experience, Elevating Customer Engagement HDFC Bank onboards over 1 lakh customers and 1.7 lakh merchants under CBDC pilot programme Credgenics launches ChatR for WhatsApp-based two-way communications with loan borrowers Indian households to make over 50% non-cash transactions by FY26: Redseer Google Pay launches Aadhaar-based authentication for UPI activation Wipro Launches an Immersive Innovation Experience for Financial Services with Microsoft Bank of Baroda to offer Interoperable Cardless Cash Withdrawal facility using UPI on its ATMs Equitas Small Finance Bank collaborates with IBM on modernised banking platform for digital-first generation Bharti AXA Life Insurance drives digital transformation of its services through Project Serv-o-ttam Bank of Baroda Introduces Live Video Calling and Live Web Chat facility to enhance customer service North East Small Finance Bank upgrades its Core Banking System to M2P’s Turing BajajCapital launches all-encompassing App for seamless investing Bank of Baroda launches Electronic Bank Guarantee on its digital platform Federal Bank goes live with electronic Bank Guarantee in partnership with NeSL Airtel Payments Bank collaborates with the National Payments Corporation of India to roll out Face Authentication for Aadhaar Enabled Payment System (AePS) Reliance General Insurance to accept Central Bank Digital Currency e-Rupee (e₹) through YES BANK; Becomes a pioneer in the GI space to use e₹ as a mode of premium collection Trustt Launches First Major GPT Product Suite for Banking Industry Airtel and India Post Payments Bank launch WhatsApp Banking Services Digital wallets expected to rise in transaction value by 88% by 2026: FIS’ 2023 Global Payments Report Ujjivan Small Finance Bank Launches “Unpause Initiative” to Support the Women Rejoining the Workforce After a Break 3i Infotech signs an INR 16.5 cr Oracle DWBI Managed Services deal with SBI General Insurance Digital lending to surpass traditional lending on unsecured loans by 2030: Experian India LIC policyholders can now access over 11 services directly on WhatsApp IDFC FIRST Bank and ToneTag partner to launch CBDC Payments 90% financial service companies in India view ESG as an opportunity to attract increased investment: FIS Research SBI launches e-Bank Guarantee (e-BG) facility in association with National e-Governance Services Limited (NeSL) HDFC Bank collaborates with Microsoft as part of its digital transformation journey Kotak Mahindra Bank taps Gen-Next @ premier B-Schools to envision The Future of Banking DBS Bank India partners with Gofrugal Technologies to help SMEs adopt ONDC TPG to acquire Poonawalla Housing Finance at valuation of INR 39 billion YES BANK partners with Turtlefin to launch ‘EasyNsure’ Kotak Mahindra Bank Launches Merchant One Account – a Comprehensive Solution for MSMEs Happiest Minds Technologies partners with CredQuant to drive ESG transformation in BFSI PM dedicates 75 Digital Banking Units across 75 districts to the nation Capgemini acquires Quorsus to reinforce its capital markets service offerings Shriram Life Insurance adopts technology-driven eKYC services HDFC Bank signs long-term data and technology agreement with Refinitiv PNB Housing Finance accelerates its digital journey eGovernments Foundation partners with IIT Madras Alumni Association IDFC FIRST Bank and WhatsApp enable FASTag recharge through ‘payments on WhatsApp’ Reliance General Insurance & Paytm partner to offer customisable health product Reliance Health Gain Policy to the masses Banking-as-a-service will hit mainstream adoption within 2 years: Gartner Axis Bank and PayNearby partner to launch Savings and Current Bank accounts for last mile SMEs and customers at a nearby store BOB Financial launches co-branded RuPay Contactless Credit Card with the Indian Army Over 70% industry leaders doubt FinTech’s profitability in the next couple years: Matrix Partners India-BCG report Your smartphone is now your POS machine, says Kotak Mahindra Bank Canara HSBC Life Insurance launches Customer Mobile App on Independence Day 2022 SBI opens India’s first exclusive bank branch for startups in Karnataka YES BANK and IBSFINtech tie up to provide enhanced digital services for corporate clients Milind Nagnur Joins Kotak Mahindra Bank as its Chief Technology Officer Tech Mahindra ties up with Union Bank of India to launch PSU Metaverse Lounge, Uni-Verse
KPMG in India announces strategic alliance with CleverTap to advance customer engagement and retention capabilities
BFSI Sector Records 29% Employment Misrepresentation: Report Highlights Regulatory Risks and Need for Enhanced Due Diligence
Iksha Labs Set to Unveil Custom AI Voice Agents for BFSI sector to drive operational efficiency at scale
Exclusive Domains ‘bank.in’ and ‘fin.in’ Introduced by RBI: A New Shield Against Financial Cybercrime
South India Records Highest Malware Detections in 2024, Reports Seqrite-DSCI India Cyber Threat Report 2025
AI Adoption Gains Traction Among Financial Advisors, Highlights Opportunities for Enhanced Client Service and Efficiency: Horsesmouth Survey
PayU Receives RBI’s In-Principle Approval to Operate as a Payment Aggregator and Onboard New Merchants
AU Small Finance Bank collaborates with Salesforce to transform digital customer onboarding for vehicle loans
Federal Bank completes India’s first-ever single bank digital export collection bill transaction in partnership with WaveBL
Cashfree Payments launches ‘Embedded Payments’, enabling software platforms to offer seamless payment experiences for businesses
GenAI set to boost Indian Financial Services; potentially add USD$ 80 billion to GVA by 2030: EY Report
LoanTap’s technology division, LTFLoW Partners with The Cosmos Co-op Bank Ltd. for an Innovative Web-based Acquisition Platform for Retail Loan Products
3 in 10 financial services and insurance businesses face IT outages at least once a week: New Relic study
Vymo’s ‘Rise of AI’ report highlights the the role of AI in transforming Insurance Distribution in 2023
Bank of Baroda awarded Payment Card Industry Data Security Standard (PCI DSS) Compliance Certificate by SISA
Indian Bank collaborates with IBM to deploy future ready compute infrastructure to enhance scalability and agility
Aditya Birla Capital Collaborates with Hexaware to Build an Immersive Metaverse Experience, Elevating Customer Engagement
Equitas Small Finance Bank collaborates with IBM on modernised banking platform for digital-first generation
Airtel Payments Bank collaborates with the National Payments Corporation of India to roll out Face Authentication for Aadhaar Enabled Payment System (AePS)
Reliance General Insurance to accept Central Bank Digital Currency e-Rupee (e₹) through YES BANK; Becomes a pioneer in the GI space to use e₹ as a mode of premium collection
Digital wallets expected to rise in transaction value by 88% by 2026: FIS’ 2023 Global Payments Report
Ujjivan Small Finance Bank Launches “Unpause Initiative” to Support the Women Rejoining the Workforce After a Break
90% financial service companies in India view ESG as an opportunity to attract increased investment: FIS Research
SBI launches e-Bank Guarantee (e-BG) facility in association with National e-Governance Services Limited (NeSL)
Reliance General Insurance & Paytm partner to offer customisable health product Reliance Health Gain Policy to the masses
Axis Bank and PayNearby partner to launch Savings and Current Bank accounts for last mile SMEs and customers at a nearby store
Over 70% industry leaders doubt FinTech’s profitability in the next couple years: Matrix Partners India-BCG report
Supreme Court Judges, Global Legal Scholars, and International Academic Leaders Converge at Galgotias for International Conference on Comparative Law