Markets

PhonePe has launched the SmartPOD, a next-generation smart speaker designed to integrate digital payments and UPI-based solutions, offering small merchants and everyday users a seamless transaction experience. The SmartPOD combines voice-assisted technology with card payment acceptance, allowing businesses to process...

India has officially launched a new foreign currency settlement system through the Gujarat International Finance Tec-City (GIFT City), aiming to streamline cross-border transactions and establish the hub as a global financial center. The initiative enables faster and more efficient settlement...

S&P Dow Jones Indices has unveiled the S&P Digital Markets 50 Index, a pioneering benchmark that merges traditional equities with digital assets, offering investors diversified exposure to the evolving digital economy. This index encompasses 35 publicly traded companies engaged in...

As the U.S. government shutdown entered its third day, financial markets defied the gloom, with Bitcoin shattering records and altcoins teasing an "altseason" revival. The week's headlines painted a picture of resilient digital assets clashing with traditional finance's consolidation frenzy,...

In a strategic move to enhance customer experience and boost revenue streams, one of the world’s largest e-commerce platforms has launched an embedded finance solution, integrating credit and insurance products directly into its ecosystem. The platform now offers shoppers the...

A leading fintech startup has announced the successful closing of a $1 billion Series F funding round, fueling plans to expand its digital banking services across emerging markets. This milestone underscores investor confidence in the company’s mission to promote financial...

In a historic move, financial regulators worldwide have approved a comprehensive framework designed to legitimize and regulate decentralized finance (DeFi) platforms. This development marks a significant milestone, paving the way for broader adoption and integration of DeFi services into the...

In a move poised to transform international commerce, one of the world’s largest payments companies announced the integration of blockchain technology to facilitate instant cross-border settlements. This innovative approach is expected to halve transaction costs and significantly enhance transaction speed,...

In a significant advancement for digital payments security, leading fintech firms have announced a breakthrough in artificial intelligence (AI)-driven fraud detection systems, reducing false positives by an impressive 75%. This innovation promises to enhance both security and user experience, marking...

In a groundbreaking move, leading central banks from around the world announced the formation of the Global Digital Currency Alliance (GDCA), an initiative aimed at standardizing interoperability among central bank digital currencies (CBDCs). This alliance represents a significant step toward...

As the global economy continues to evolve, emerging markets are gaining increased attention from investors seeking new opportunities for growth and diversification. Despite the inherent risks, these markets present promising prospects fueled by rapid economic development, increasing consumer demand, and...

In a significant development that signals a new era for financial technology, leading tech giants have unveiled groundbreaking innovations in fintech and digital payments. These advancements aim to enhance user experience, increase security, and expand financial inclusion across the globe....

Sustainable finance is rapidly gaining traction worldwide, driven by growing awareness of climate change and the urgent need for environmentally responsible investments. One of the key instruments fueling this movement is the green bond — a debt security designed to...

The financial services industry is experiencing a profound transformation driven by advancements in artificial intelligence (AI) and automation technologies. These innovations are reshaping core functions such as trading, risk management, customer service, and fraud detection, leading to increased efficiency, reduced...

In recent years, technological breakthroughs and decreasing costs have significantly accelerated the global shift towards renewable energy sources. Solar, wind, and other clean energy technologies are becoming more efficient, affordable, and accessible, marking a pivotal turning point in the fight...