January 13, 2026
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Fintech India

ISO/IEC 42001 Certification

ISO/IEC 42001 Certification: FSS Becomes First Payments Company to Achieve Ethical AI Standard

Daily Current Affairs06 mins

ISO/IEC 42001 certification achieved by FSS highlights responsible AI governance in digital payments, enhancing fraud detection, compliance, and secure financial transactions. FSS Becomes First Payments Company to Receive ISO/IEC 42001 Certification Financial Software and Systems (FSS), a global leader in payments technology and transaction processing, achieved a major milestone on January 6, 2026. It became…

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FSS ISO/IEC 42001 certification

FSS ISO/IEC 42001 Certification: Responsible AI in Payments

Daily Current Affairs06 mins

FSS ISO/IEC 42001 certification marks the first global standard for ethical and transparent AI in payments, boosting India’s fintech leadership and exam relevance. FSS Becomes First Payments Company to Receive ISO/IEC 42001 Certification Introduction: FSS Sets a Global Benchmark for Responsible AI in Payments Financial Software and Systems (FSS), a leading payments and transaction processing…

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World’s Largest Real-Time Payment System

UPI Recognized as World’s Largest Real-Time Payment System by IMF – 2025 Update

Daily Current Affairs07 mins

UPI recognized as the World’s Largest Real-Time Payment System by IMF in 2025. Learn about India’s digital payment growth, financial inclusion, merchant adoption, and global fintech leadership. UPI Recognized by IMF as World’s Largest Real-Time Payment System What the IMF Found and UPI’s Global Ranking According to the June 2025 report by International Monetary Fund…

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PhonePe RBI approval news

PhonePe RBI Approval News: Online Payment Aggregator License 2025

Daily Current Affairs05 mins

PhonePe RBI approval news: PhonePe receives final authorization to operate as an online payment aggregator, enhancing digital payments and financial inclusion in India for SMEs in 2025. PhonePe Receives Final RBI Approval to Operate as Online Payment Aggregator Introduction In a significant development for India’s digital payments landscape, PhonePe, the fintech company backed by Walmart,…

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UPI digital payment model

UPI Digital Payment Model Praised by IMF as Global Blueprint in 2025

Daily Current Affairs04 mins

UPI Digital Payment Model Praised by IMF – The IMF endorses India’s UPI as a global blueprint for interoperable and inclusive digital payment transformation. Read key highlights, context, and takeaways for exam preparation. IMF Hails India’s UPI Model as Blueprint for Digital Payment Transformation Seamless Interoperability Powers Digital Payments India’s Unified Payments Interface (UPI), launched…

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Flipkart NBFC licence India

Flipkart NBFC Licence from RBI: Major Step into Direct Lending and Fintech Expansion in India

Daily Current Affairs04 mins

Flipkart Secures NBFC Licence from RBI: A Strategic Move into Direct Lending Introduction: Flipkart’s Entry into Direct Lending Walmart-owned Flipkart has received approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC). This development allows Flipkart to offer loans directly to customers and sellers on its platform, marking a…

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RBI clears payment arm sale

RBI Clears Tata Communications Payment Arm Sale to Findi: Impact on Digital Payments

Daily Current Affairs04 mins

RBI Clears Tata Communications’ Payment Arm Sale to Findi The Reserve Bank of India (RBI) has given its approval for Tata Communications to sell its payment arm to Findi, a fintech company. This significant move is poised to reshape the landscape of digital payments in India and contribute to the growth of the country’s fintech…

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