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IndiaMART Expands AI Push to Fight Fake Listings

By Uniquetimesorg June 25, 2026 0

IndiaMART is significantly increasing its investment in artificial intelligence, with plans to double spending on AI tools every six months. The online marketplace is using AI-powered systems to detect fake seller accounts, identify suspicious behavior patterns, and strengthen content moderation across its platform. The company has also introduced real-time voice-to-text Continue Reading

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WhatsApp Bets on Fintech Veteran to Drive Payments Growth

By Uniquetimesorg June 25, 2026 0

Meta has appointed Indian fintech entrepreneur Kunal Shah to lead WhatsApp, signaling its ambition to expand the platform’s payments and commerce ecosystem. The move comes alongside Meta’s $900 million investment in Shah’s Bengaluru-based fintech company CRED, where he will retain his stake while stepping back from day-to-day executive responsibilities. Continue Reading

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Meta Invests $900 Million in CRED, Names Kunal Shah as WhatsApp Chief

By Uniquetimesorg June 23, 2026 0

Meta Platforms has announced a $900 million investment in Indian fintech company CRED, valuing the Bengaluru-based startup at $4.5 billion. As part of the deal, CRED founder Kunal Shah will take over as the global head of WhatsApp, while current chief Will Cathcart moves to a new role within Meta. The move highlights Meta’s growing […]Continue Reading

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Razorpay Files Confidentially for $600 Million IPO, Targets Market Debut by End-2026

By Uniquetimesorg June 15, 2026 0

Indian fintech company Razorpay has confidentially submitted draft papers for an initial public offering (IPO) that is expected to raise around $600 million, according to a source familiar with the matter. The confidential filing route allows companies to keep regulatory documents private until they are ready to launch the public issue. The Bengaluru-based payments firm Continue Reading

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SBI Customers Lose Over ₹6,313 Crore in Digital Frauds as UPI and Internet Banking Scams Surge

By Uniquetimesorg June 13, 2026 0

State Bank of India (SBI) customers lost more than ₹6,313 crore in over 30,700 fraud cases between April 2023 and March 2026, according to data obtained through an RTI application. The figures reveal that UPI and internet banking were the most targeted channels, accounting for more than 21,500 fraud incidents, highlighting growing risks in India’s […]Continue Reading

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One MobiKwik Systems Ltd Targets ₹50 Billion NBFC Loan Book in 3–5 Years

By Uniquetimesorg May 28, 2026 0

Indian fintech firm MobiKwik plans to build a ₹50 billion ($522.5 million) loan book through its newly approved non-banking financial company (NBFC) over the next three to five years, according to CEO Bipin Preet Singh. The Gurugram-based company received the Reserve Bank of India’s approval for an NBFC licence in April and currently distributes loans […]Continue Reading

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RBI Cancels Paytm Payments Bank Licence After Compliance Violations

By Uniquetimesorg April 25, 2026 0

India’s central bank, Reserve Bank of India, has cancelled the licence of Paytm Payments Bank, citing serious regulatory and compliance lapses. The decision comes more than two years after restrictions were imposed on the bank for failing to meet norms related to customer due diligence, fund usage, and technology systems. The regulator stated that the […]Continue Reading

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UPI Fee Debate Sparks User Backlash

By Uniquetimesorg April 11, 2026 0

Unified Payments Interface (UPI) is facing growing resistance over the possibility of transaction fees, with a LocalCircles survey revealing that nearly 75% of users would stop using the platform if charges are introduced. The findings highlight how deeply the zero-cost model is ingrained in consumer behaviour, with only a quarter of users willing to pay […]Continue Reading

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PhonePe Postpones IPO Amid Global Market Uncertainty

By Uniquetimesorg March 16, 2026 0

Flipkart-backed PhonePe has delayed its planned initial public offering (IPO), citing geopolitical tensions and ongoing volatility in global financial markets. CEO Sameer Nigam said the company remains committed to listing in India but will resume the IPO process only after capital markets stabilise. The decision reflects a cautious stance as companies worldwide reassess Continue Reading

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India to Compensate Customers for Small Digital Frauds, RBI Says

By Uniquetimesorg February 6, 2026 0

India will compensate customers for losses from small-value digital frauds, with payouts capped at 25,000 rupees, Reserve Bank of India Governor Sanjay Malhotra said on Friday. The move comes amid a rise in fraud cases as digital payments expand rapidly across the country. Customers will receive a one-time relief covering up to 85% of the […]Continue Reading