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Wednesday, September 3, 2025
TopicDigital payments

Topic: Digital payments

Payments processor NPCI had over 40 security risks, user data vulnerable, says 2019 govt audit

The findings of the audit conducted last year were reported by Reuters. Among other issues pointed out, user data was not encrypted.

Indian lawsuits allege former Wirecard COO played key role in deals later mired in disputes

The suits allege Marsalek took part in negotiations leading to the acquisition of Hermes by a Mauritius-based private equity fund in 2015.

Glitches, poor coverage: India’s digital payment failing labourers when they need it most

Developing countries such as Thailand and Kenya have already scaled up their infrastructure to deploy Covid relief efforts. Here's how India can fix its cash transfer system.

50 nations promised cash to fight Covid. Few, like India and Bangladesh, are doing it right

India’s trinity of Jan Dhan, Aadhaar, and mobile communications — or JAM — can work wonders if it is used extensively to reform citizen–state engagement.

Modi’s demonetisation will be of use during the coronavirus lockdown

Modi govt's overnight, ill-conceived, egotistic decision that left lakhs of people jobless and paralysed India’s informal economy 3 yrs ago may just give some returns.

‘Pay safe, stay safe’: Modi govt encourages digital payment amid coronavirus scare

The move comes at a time when India has reported 169 coronavirus cases and the government is trying to encourage social distancing to curb its spread.

UPI’s rapid growth proves India can build world-class payments infrastructure from scratch

Three years ago, even banks did not give Modi govt's Unified Payments Interface much odds of success. Now, UPI is one of the fastest-growing payment platforms in the world.

Three years after demonetisation, survey finds people still prefer cash payment

Survey, released by LocalCircles Friday, also found that contrary to Modi govt’s intentions Rs 2,000 note has made it easier for people to keep cash in stock.

You can’t coerce India to adopt digital payments. Here’s what Modi govt should try instead

Those who invested in or built standalone payment firms might be regretting because Modi govt’s move to remove MDR has harmed their business model.

Paytm, PhonePe, Amazon, Google help push UPI payments past 1 billion transactions

UPI has now surpassed 100 million users, thanks to booming smartphone use and wireless data rates among the lowest in the world.

On Camera

Chinese memes, videos & commentaries say Modi overshadowed other leaders at SCO

On Douyin, many videos highlighted how Modi was all smiles during his China visit. Others focused on his handholding with Putin and Trump’s supposed irritation.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.