Master Card

India on Thursday extended support to the candidature of Ajay Banga as World Bank President, saying his nomination comes at a time when the multilateral lending agency is considering next-generation reforms. "Congratulations to Mr Ajay Banga on being nominated to lead @WorldBank. India supports Mr Banga's nomination and looks forward to his leadership of the @WorldBank," the finance ministry said in a series of tweets. Last month, the US President Joe Biden announced that the US is nominating Ajay Banga to lead the World Bank, saying the Indian-American business leader is uniquely equipped to lead the global institution at "this critical moment in history." If confirmed by the World Bank Board of Directors, Banga would be the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: International Monetary Fund and the World Bank. "Mr Banga brings with him unique and wide-ranging expertise in #financial and #technological sector

PhonePe said it is working with three major card networks, Visa, Mastercard, and RuPay, to meet the regulator's tokenisation deadline of September 30.

Mastercard said it worked with 45,000 merchants, 34 issuing banks, 10 acquiring banks, and 30-plus token requestors (including all major payment aggregators) to create 90 million tokens

Edge Mastercard users sell their Bitcoin to the card when adding funds in the app, while merchants receive funds in USD

Serial entrepreneur dwells on banking software, blockchain and Zeta's technology roadmap in a conversation with Business Standard

The solution will help merchants enable their end-customer to continue experiencing the saved card transactions with enhanced security

The solution will help merchants enable their end-customer to continue experiencing the saved card transactions with enhanced security

The new credit facility aims to expand lending to small businesses in India that need financing to maintain and grow their operations, says HDFC Bank

The Indian central bank pulled the plug on the US payments network for alleged noncompliance with its controversial local data storage rules introduced three years ago

Case won similar to those pursued by European countries in cases with Google, Facebook