Market pulse › Fintech and payments
Fintech and payments
Today10 stories · 24 articles
Net tone● +8% today
Market checkIndia Digital −0.41%
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Broker call▲ bullishShould one buy the PB Fintech dip? Bernstein sees 91% upside but here's what others saidBernstein sees 91% upside in PB FintechPB FintechDigital lendingBernstein
Market move▼ bearishPB Fintech: the risk was known. Investors chased the stock anywayPB Fintech’s stock corrected sharply amid a known regulatory riskPB FintechMarket valuationsStockbrokers
Broker call● mixedPB Fintech shares: Macquarie target on battered stock hints at 67% upsidePB Fintech
Broker call● mixedPB Fintech Faces 38% FY30 Profit Hit Under 'Max Pain' Scenario; Bernstein Still Sees 91% UpsideBernstein's 'max pain' scenario puts PB Fintech FY30 profit at around Rs 20 billion, down from Rs 32 billionPB FintechBernstein
Broker call▲ bullishPB Fintech share price can rise 91%, Bernstein projects in its bullish call; Here's whyBernstein sees PB Fintech's direct costs reducing meaningfully in FY28 before normalcy returnsPB FintechBernstein
Policy● mixedIRDAI faces pushback over proposed caps on insurance distribution costs, impacting fintech and insurer stocksIRDAIInsurance distributionInsurance
● mixedMobile retailers plan October 2 protest against proposed 0.4% UPI MDRRetailers across India plan to observe October 2 as “No UPI Day”UPIRetail
Legal● mixedSupreme Court to hear challenge to MDR on UPI merchant payments above ₹2,000The Supreme Court will hear the plea on MondayUPISupreme Court
Policy▼ bearishWho Absorbs UPI MDR? NSE CEO Rules Out Govt Talks As 0.02% Fee On Capital Markets Nears KickoffNSE CEO Ashish Chauhan said there were no government talks on the new UPI MDRNSEUPIStock exchanges
Market move▼ bearishNew-Age Tech Stocks: Insurtech Sell-Off Drags Combined M-Cap Down By $3.6 Bn This WeekNew-age tech stocks’ combined market capitalisation fell $3.6 billion this weekPB FintechTurtlemintIRDAI
Expansion● mixedKraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchangePayward is unifying trading, payments, asset management and institutional services on common railsCrypto exchangesCryptoInfrastructure
Policy● mixedNSE chief says no government talks on UPI MDR; brokers and clients should resolve disputeNSE CEO Ashish Chauhan said there have been no government talks on a new UPI MDRNSEUPIStock exchanges
Deal● mixedMonzo discusses sale to Nubank at about £10 billion valuationMonzo is in talks with Brazil’s Nubank about a saleUnited KingdomStartups and VC
● mixedRepeated ₹2,000 UPI payments for one purchase? Your bank could flag the pattern: What it meansUPIBanks
● mixedMoneycontrol Startup Conclave: AI valuations are definitely overstated, says PhonePe CEO Sameer Nigam on AI hypePhonePeAIMarket valuations
Market move▼ bearishRout in PB Fintech stock deals Rs 11,000 crore blow to mutual fundsPB FintechMutual fundsMutual fund flows
● mixedGlobal tourism enters a digital era: WEF highlights role of online payments, technology, AIOnline booking platforms help smaller tourism businesses reach customers beyond traditional marketsHotels and travelAI
Expansion● mixedHow Pine Labs Shifted Gears: From PoS Devices To An AI-Powered Fintech StackPine Labs began by helping petrol pumps accept payments and manage loyalty programmes in 1998Pine LabsAI
Policy▼ bearishIrdai's proposed commission cuts threaten PB Fintech's online economicsProposed commission cuts could reduce PB Fintech’s core online insurance revenue by nearly 30%PB FintechIRDAIInsurance distribution
Expansion▲ bullishAiven launches India operations; plans expansion in BengaluruAiven launched operations in India and plans to expand in BengaluruBengaluruAIIT services
Deal● mixedOne 97 Communications hikes stake in its subsidiary - Little InternetOne 97 Communications increased its stake in subsidiary Little InternetPaytm
Policy● mixedT.N. government looks at developing GCCs in fintech space in Coimbatore, ChennaiGCCsIT services
Policy● mixedUPI MDR: Where will 0.4% fee go? FM clarifies banks, payment gateways & apps to get a share | Check breakdownOf the 0.4% UPI fee, 40% goes to customer banks, 30% to payment gateways and 20% to UPI appsUPIBanks
Policy● mixedUPI MDR explained: Will mutual fund SIPs and lumpsum investments be affected?New 0.02% MDR applies to select one-time UPI paymentsUPIMutual funds
Legal● mixedUS seizes bank accounts of payments group working for Tether’s and Bitfinex’s bankUS prosecutors allege Capstone illegally moved hundreds of millions of dollars for Tether and BitfinexTetherCryptoCrypto regulation
Policy● mixedUPI MDR explained: 6 myths about the new framework and what it means for consumers and merchantsThe article addresses six myths about the new UPI MDR framework and its effects on consumers and merchantsUPI
Policy● mixedSitharaman says UPI MDR decision was professional, without external pressureThe MDR is 0.4%UPINirmala SitharamanTaxes
Policy● mixedPaying Rs 6,000 by UPI? Here’s what happens if you split it into three Rs 2,000 paymentsUPI
Policy● mixedUPI is accepted in 11 countries: Will MDR charges apply globally? What we know so farUPI is accepted in 11 countries; whether new MDR fees apply globally remains unclearUPI
● mixedWhy AI agents need an identity layer to act safely on web built for humansAI agents can shop, book travel and make paymentsAIUPIE-commerce
Market move● mixedPB Fintech shares fall below listing price; stock down 12% from day's highPB FintechStock exchanges
Policy● mixedFM says proposed UPI MDR is not a tax and will not burden consumersMDR will not be passed on to consumersUPINirmala SitharamanTaxes
● mixedBank strike Sept 28-30: Will financial services work? All ATM, digital wallet and UPI FAQs answeredBank unions plan a three-day strike from September 28 to 30, risking in-branch service disruptionsUnited Forum of Bank UnionsBanksUPI
Policy● mixedGovernment and banks to set subsidy for UPI after MDR beginsMDR collections are not expected to cover the full cost of running UPIUPIBanks
Policy● mixedSBI and other PSU banks waive ATM charges during September 28–30 strikePSU lenders waive ATM charges beyond free transaction limits during the three-day strikeSBIPSU banksPunjab National Bank