The Weekly Wrap: all you need to know by Friday COB | September 6th

By Puja Sharma

The Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announcements for Prime subscribers only.

The Big Story

At the Global FinTech Fest 2024, the National Payments Corporation of India (NPCI) unveiled its cutting-edge digital payment products and innovations, offering a glimpse into the future of finance in India.

With a pavilion themed ‘Blueprint for the Next Decade of Finance: Responsible AI, Inclusive, Resilient’, NPCI demonstrated its pivotal role in transforming the country’s payment landscape.

Each section of the pavilion was designed to immerse visitors in NPCI’s latest advancements. Attendees from across the globe engage with interactive displays featuring UPI, RuPay, Bharat BillPay, and NPCI International, showcasing how these technologies are shaping the future of digital payments.

Prime Minister of India and Reserve Bank Governor Shaktikanta Das visited the event, and both were impressed by NPCI’s role in advancing the country’s digital payment ecosystem.

Deals of the week

• Airtel Payments Bank boosts digital banking experience with enhanced security
• Apple users in UK can now use tapeeno with Tap to Pay on iPhone
• Axway acquires Sopra Banking Software in €330m deal
• Mashreq expands corporate digital banking in Bahrain with NEO CORP
• Neokred launches ‘Blutic’, India’s futuristic consent manager
• Onsurity & DBS Bank India strengthen cybersecurity for SMEs
• MidwestOne Bank taps Temenos to streamline customer onboarding
• Visa debuts new model for A2A payments in the UK
• com & dLocal to expand payment options in Africa, Asia, & LATAM
• Paymentology and Union54 launch virtual debit cards on ChitChat
• Aurionpro Payments goes live as an online payment aggregator at GFF 2024

Be on the lookout for