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Fintech and payments

Topic tag · tracked since 23 Sept · also fintech, fintechs, digital payments, payments

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Today13 stories · 30 articles104 stories since 23 Sept

Net tone● +13% today−14% over the week

Market checkIndia Digital −0.41%Nifty India Digital on Fri, 25 Sept · Nifty +0.34%

Developing5 storylinesBiggest: UPI MDR rollout and consumer protection · 32 updates

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Bar colour is the day’s tone · tracking began on 23 Sept

223 Sept

3824 Sept

4025 Sept

926 Sept

627 Sept

928 Sept

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stories together this week · colour is their tone

UPI46 PB Fintech30 Insurance16 Insurance distribution16 Banks13 IRDAI13 AI8 Taxes8 Stock exchanges6 Crypto5

Stories

104 in all · newest first

Legal● mixedIf neither tax nor fee, what is this ‘expropriation’, Supreme Court asks Govt on UPI MDR chargesSupreme Court asked the government whether UPI MDR is a tax or fee, or ‘expropriation’UPI Supreme Court Taxes1 source
7m

Legal● mixed₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersUPI RBI RBI rules1 source
28m

Market move● mixedPB Fintech among 4 F&O stocks with a sharp rise in futures open interestA notable increase in futures open interest signals more active, unexpired futures contractsPB Fintech F&O1 source
1h

Data● mixedHigh-frequency indicators remained healthy, digital payments continued to post robust growthCredit growth1 source
1h

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 Fintech Digital lending Bernstein1 source
3h

Market move▼ bearishPB Fintech: the risk was known. Investors chased the stock anywayPB Fintech’s stock corrected sharply amid a known regulatory riskPB Fintech Market valuations Stockbrokers1 source
4h

Broker call● mixedPB Fintech shares: Macquarie target on battered stock hints at 67% upsidePB Fintech Macquarie1 source
4h

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 Fintech Bernstein1 source
5h

Broker call▲ bullishBernstein keeps Outperform on PB Fintech, sets ₹2,310 target after sharp sell-offBernstein retained its Outperform rating and ₹2,310 target pricePB Fintech Bernstein IRDAI4 sources
2h

Policy● mixedIRDAI faces pushback over proposed caps on insurance distribution costs, impacting fintech and insurer stocksIRDAI Insurance distribution Insurance1 source
14h

Policy● mixedUPI MDR puts big-ticket retail payments in focusRetail UPI1 source
15h

● mixedMobile retailers plan October 2 protest against proposed 0.4% UPI MDRRetailers across India plan to observe October 2 as “No UPI Day”UPI Retail7 sources
1h

Legal● mixedSupreme Court to hear challenge to MDR on UPI merchant payments above ₹2,000The Supreme Court will hear the plea on MondayUPI Supreme Court7 sources
23m

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 MDRNSE UPI Stock exchanges1 source
1d

● mixedUPI payments look simple, but these seven things can save you from a costly mistake1 source
1d

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 Fintech Turtlemint IRDAI1 source
2d

● mixedNSE MD says no govt talks on new UPI MDRNSE UPI Stock exchanges1 source
2d

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 exchanges Crypto Infrastructure1 source
2d

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 MDRNSE UPI Stock exchanges2 sources
2d

Deal● mixedMonzo discusses sale to Nubank at about £10 billion valuationMonzo is in talks with Brazil’s Nubank about a saleUnited Kingdom Startups and VC2 sources
2d

● mixedRepeated ₹2,000 UPI payments for one purchase? Your bank could flag the pattern: What it meansUPI Banks1 source
2d

● mixedMoneycontrol Startup Conclave: AI valuations are definitely overstated, says PhonePe CEO Sameer Nigam on AI hypePhonePe AI Market valuations1 source
2d

Market move▼ bearishRout in PB Fintech stock deals Rs 11,000 crore blow to mutual fundsPB Fintech Mutual funds Mutual fund flows1 source
2d

● 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 travel AI1 source
2d

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 Labs AI1 source
3d

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 Fintech IRDAI Insurance distribution1 source
3d

Expansion▲ bullishAiven launches India operations; plans expansion in BengaluruAiven launched operations in India and plans to expand in BengaluruBengaluru AI IT services1 source
3d

Deal● mixedOne 97 Communications hikes stake in its subsidiary - Little InternetOne 97 Communications increased its stake in subsidiary Little InternetPaytm1 source
3d

Policy● mixedT.N. government looks at developing GCCs in fintech space in Coimbatore, ChennaiGCCs IT services1 source
3d

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 appsUPI Banks1 source
3d

● mixed‘Intelligent money’ is here: 10 findings shaping the future of B2B payments1 source
3d

Policy● mixedUPI MDR explained: Will mutual fund SIPs and lumpsum investments be affected?New 0.02% MDR applies to select one-time UPI paymentsUPI Mutual funds1 source
3d

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 BitfinexTether Crypto Crypto regulation1 source
3d

Market move● mixedUPI, bank transfer or credit card: What to consider when paying rentUPI Banks1 source
3d

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 merchantsUPI1 source
3d

Policy● mixedSitharaman says UPI MDR decision was professional, without external pressureThe MDR is 0.4%UPI Nirmala Sitharaman Taxes3 sources
3d

Policy● mixedPaying Rs 6,000 by UPI? Here’s what happens if you split it into three Rs 2,000 paymentsUPI1 source
3d

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 unclearUPI1 source
3d

● mixedWhy AI agents need an identity layer to act safely on web built for humansAI agents can shop, book travel and make paymentsAI UPI E-commerce1 source
3d

Market move● mixedPB Fintech shares fall below listing price; stock down 12% from day's highPB Fintech Stock exchanges1 source
3d

Policy● mixedFM says proposed UPI MDR is not a tax and will not burden consumersMDR will not be passed on to consumersUPI Nirmala Sitharaman Taxes2 sources
3d

● 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 Unions Banks UPI1 source
3d

Policy● mixedGovernment and banks to set subsidy for UPI after MDR beginsMDR collections are not expected to cover the full cost of running UPIUPI Banks2 sources
3d

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 strikeSBI PSU banks Punjab National Bank7 sources
2d

Expansion● mixedSamsung Wallet adds fingerprint authentication for UPI payments in IndiaUPI1 source
3d

Market move● mixedStock Movers: NSE, Turtlemint, PB FintechNSE Turtlemint PB Fintech1 source
3d

Broker call▼ bearishTrouble ahead for PB Fintech? Why Motilal Oswal warns of 46% hit to FY28 earningsPB Fintech Motilal Oswal Financial Services Digital lending1 source
3d

Market move▼ bearishPB Fintech and Turtlemint shares extend losses as outlook worsensPB Fintech Home First Finance Company India2 sources
3d

Market move● mixedPB Fintech put option buyers laughing all the way to the bankA 1,500-put option premium rose from ₹0.3 to ₹279.95PB Fintech Stockbrokers1 source
3d

Market move● mixedWelspun Corp hits record high, PB Fintech rebounds; Ola Electric, Meesho fall on Nifty500 market openWelspun Corp PB Fintech Ola Electric Mobility1 source
3d

Policy▼ bearishPB Fintech faces up to 46% earnings risk from Irdai's draft rules: AnalystsJefferies sees up to 46% earnings risk for PB Fintech from IRDAI's draft rulesPB Fintech IRDAI Insurance distribution1 source
3d

Market move▼ bearishPB Fintech extends losses, falls another 5%; key concall takeaways, how insurance stocks are faringPB Fintech Insurance distribution Insurance1 source
3d

Policy● mixedGovernment tells banks to shield consumers from UPI feesUPI Banks RBI rules1 source
3d

Policy● mixedSitharaman says UPI MDR above ₹2,000 will not be passed to customersMDR on specified UPI transactions above ₹2,000 will be borne within the payments ecosystemUPI Nirmala Sitharaman Taxes5 sources
3d

Broker call▼ bearishAnalysts cut PB Fintech price targets amid insurance distribution concernsHSBC and Motilal Oswal cut price targets by nearly 50%PB Fintech Insurance distribution Insurance2 sources
3d

Policy● mixedUnified Payments Interface: Where growth outpaces the rulebookUPI growth is outpacing the rulebook, with NPCI acknowledging risks in the ecosystemUPI RBI rules Listing rules1 source
3d

Broker call▼ bearishIRDAI proposal risks 12% earnings hit at PB Fintech; Jefferies cuts target 25%Jefferies warns proposed IRDAI changes could cut earnings by 12%PB Fintech IRDAI Insurance distribution3 sources
3d

▲ bullishFrom UPI to cross-border payments: Why interoperability is the next big opportunityUPI’s expansion beyond India is opening the door to a more connected cross-border payments ecosystemUPI Global markets1 source
3d

▲ bullishFintechs bet on AI agents to retain merchants as acquisition costs rise and margins thinMerchants using AI agents have seen a jump in their toplineAI1 source
3d

Policy● mixedBT Big Story: The price tag of UPI: Will small shops go back to cash?A 0.4% MDR will apply to merchant UPI transactions above Rs 2,000UPI1 source
3d

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