Introduction: India Steps Up to Shape Ethical AI in Finance The Reserve Bank of India (RBI) has released a landmark report titled “FREEAI”—Framework for Responsible and Ethical Enablement of Artificial Intelligence. In a world where AI is already making decisions about who gets a loan, who gets flagged for fraud, or which customer gets a faster response, it’s critical to…
In India’s fast-moving digital economy, recurring payments have become essential for businesses that rely on predictable cash flows whether it’s for EMIs, insurance premiums, SIPs, education fees, or utility bills. Behind the scenes of every successful recurring payment lies a critical step: mandate registration. This process authorizes the business or financial institution to automatically collect payments from a customer’s account…
In the world of lending, trouble rarely arrives without warning. The signs are often there — a cheque bounced twice in a month, a delay in financial reporting, a sudden surge in withdrawals, or an unusual RTGS transfer that doesn’t quite add up. But the reality?Most NBFCs and financial institutions fail to act on these signals in time. The High…
Digital payments in India have evolved rapidly. From UPI Autopay to real-time APIs, recurring payment systems today are faster, smarter, and more reliable than ever before. Yet despite this progress, many businesses especially in lending, insurance, subscriptions, and banking continue to rely on outdated mandate infrastructure: legacy NACH setups, Aadhaar-only flows, fragmented APIs, and manual processes And this isn’t just…
In a world where convenience is king, subscriptions are no longer just a trend they’re the new normal. From OTT platforms, digital newspapers, and cloud software to gym memberships and meal kits, subscription models are everywhere. But there’s one challenge that continues to impact both businesses and users: smooth and consistent recurring payments. That’s where UPI Autopay steps in offering…
