
NPCI disconnects 300 small Banks from retail payments
In a recent turn of events, India witnessed another ransomware attack on July 31, 2024. According to the NPCI (National Payments Corporation of India), C-Edge Technologies Ltd., a tech service provider to RRBs (Regional Rural Banks), was possibly hit by a ransomware attack. The regulator mentioned that only cooperative and small banks were affected by…

Paytm Joined Hands With Credit Card Issuer SBI And NPCI
One97 Communication Limited, the parent of one of the most successful fintech Paytm, collaborated with two other companies, SBI Card and National Payments Corporation of India (NCPI), on Thursday to bring a new credit card to the market. The conglomerate calls it an initiative for the growth of inclusive digital-first financial services in India. During…