AMCs are already required to authenticate mutual fund redemption transactions. The requirement is being extended to include subscription transactions.
October 6, 2022The partnership will allow Indian customers and merchants in India with an active UPI ID to make and accept cross-border payments globally.
October 4, 2022Banks will be required to more closely monitor their agent banking outlets, conduct regular visits of such operations, and submit quarterly reports on any irregularities detected.
May 1, 2022UOB is testing the use of GovTech's 'Sign with Singpass' to allow a set of retail and corporate customers to confirm transactions and product applications.
June 14, 2021