Tag: Digital Payments
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
Govt, UPI Apps Join Hands to Tackle Payment Fraud
In a move to strengthen security across India’s booming digital payments ecosystem, the government is working with third-party UPI apps such as Google Pay,...
78% Prefer Platforms Without Convenience Fees
A recent national survey by LocalCircles has revealed that a significant majority of Indian consumers are routinely paying convenience fees while making purchases or...
ED Issues FEMA Notice to Paytm
Digital payments giant Paytm has received a show cause notice from the Enforcement Directorate (ED) over alleged violations of the Foreign Exchange Management Act...
Karnataka, SISA Sign ₹150 Cr MoU for Cybersecurity Innovation
The Karnataka government has signed a Memorandum of Understanding (MoU) worth ₹150 crore with SISA, a global leader in forensics-driven cybersecurity solutions, to advance...
Mastercard Aims for a Passwordless Future in Digital Payments Security
In response to the rising global threat of cybercrime, Mastercard has announced a bold initiative to revolutionize digital payment security. The company’s strategy focuses...
