The regulator’s consultation paper, issued on 14 August, seeks to eliminate the requirement for overseas investors to be physically present in India during digital onboarding. If implemented, investors in FATF-compliant countries such as the US, UK, Japan, Canada, Germany and Australia could complete the entire KYC process remotely through web apps, video in-person verification (VIPV) and e-signed forms.
Government payments rarely get discussed as financial infrastructure. They’re usually treated as administrative outputs. Benefits are approved, refunds are issued and claims are processed. For millions of households, however, the moment money actually arrives can determine whether they pay a bill on time, avoid borrowing or stay connected to everyday economic activity. The PYMNTS Intelligence…
Accounting firm tech stacks may be leaking more information than leaders realize, including sensitive client data, due to unintentionally agreeing to innocent-sounding terms and conditions that give vendors permission to access and use it how they see fit, such as training their own AI models. Processing Content As a result, many firms are likely in…
Small manufacturers are the backbone of American industry, accounting for 98% of all manufacturers in the United States. Many of those businesses are owned by veterans, who have taken the discipline, leadership and mission-focused mindset they developed in uniform and applied it to manufacturing, engineering, logistics and advanced production. Now, the U.S. Small Business Administration…
FS KKR Capital: Risk Of Another Dividend Reset In 2026
The updated Visa Infinite suite offers a progression of benefits and access across three tiers. Credit: megaflopp / Shutterstock.com. Visa has introduced a refreshed Visa Infinite offering for Asia Pacific, as it looks to align its premium proposition with changing preferences among affluent consumers. The updated portfolio moves to a three-tier card suite, spanning Visa…
The Finance Industry Development Council (FIDC), the self-regulatory organisation (SRO) for the non-banking finance company (NBFC) sector, is set to flag divergent concerns among lenders over the Reserve Bank of India’s (RBI’s) proposed ban on revolving credit products, with the industry arguing that the move could create regulatory arbitrage in favour of banks. …