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Government of Andhra Pradesh and Mastercard introduce e-Rythu, a digital marketplace, to create a cashless agricultural ecosystem

Honorable Chief Minister Sri Nara Chandrababu Naidu inaugurates the digital platform in Amaravati Makes payments much safer and simpler for all stakeholders in the agricultural supply chain-the farmer, the buyer, and the agent The platform has a goal of reaching one million horticulture and agriculture farmers and over 300 farmer producer organizations (FPOs) …

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Mega chrome extension replaced with cryptocurrency-stealing malware

The chrome extension of Mega.nz file hosting and sharing service has been compromised by an unknown attacker who uploaded a malicious version of MEGA’s Chrome extension, version 3.39.4, to the Google Chrome web store. The attack happened on 4th September, when MEGA’s Chrome extension was updated to version 3.39.4 on …

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FSS Launches UPI 2.0 to help Banks Monetize UPI Payment Rails

FSS UP1 2.0  creates wider collaboration opportunities between banks and the payments ecosystem, driving transaction volume and velocity FSS, a leader in payments technology and transaction processing, launched its Unified Payment Interface (UPI) 2.0 platform for banks and payment service providers (PSPs). FSS UPI is certified by NPCI, ensuring the …

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Capital Float acquires personal finance management company Walnut

This acquisition further strengthens Capital Float’s focus on Consumer Finance Capital Float (Capfloat Financial Services Private Limited), the largest digital lender in India, has acquired Pune-based Walnut (Thumbworks Technologies Pvt Ltd), makers of the country’s leading personal financial management (PFM) app, in a deal amounting to $30 million. The acquisition follows shortly …

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MoneyOnMobile Deploys Over 10,000 MOM ATM Units

MoneyOnMobile, Inc. (OTCQB: MOMT), one of India’s largest mobile phone-based payment networks, announced the number of MOM ATM units deployed in India has crossed the 10,000 unit mark. “We are pleased with the progress of our MOM ATM deployments. Crossing the 10,000 unit mark demonstrates, we believe, strong  demand for this product by our retailers. …

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ZestMoney acquires PhotographAI to strengthen its AI capabilities and deepen access to credit for Indian consumers

ZestMoney, India’s largest digital consumer lending platform has acquired PhotographAI, an AI-as-a-service platform offering various computer vision APIs.  The strategic move will further strengthen ZestMoney’s capabilities in AI, visual AI and OCR. As a result of this acquisition, ZestMoney is expected to have one of the most  advanced automated credit assessment capabilities in the market. This …

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FSS Launches eFinclusiv to Bridge Bharat Digitally

Promotes financial deepening among underbanked segments by delivering a range of services Open APIs foster collaborative models for services innovation for underbanked, underserved segments Pay-per-use, services consumption model, encourages innovation for new market segments by removing burden of substantive upfront investments FSS, a Payments and Fintech leader, today, announced the …

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