Page 8 - Paytm Payments Bank

Paytm and Samsung collaborate to deploy smart PoS devices across India

Digital financial services firm Paytm on Tuesday said it partnered with Samsung stores to facilitate smart payments as well as its loan service through deployment of point of sale devices

Paytm Payments Bank still to appoint firm for IT audit: MoS

The Paytm Payments Bank has not yet appointed a firm which will conduct an audit of its information technology (IT) systems, minister of state for finance Bhagwat Karad said

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KYC-AML rule breach led to lens on Paytm Payments Bank: Sources

Analysts expect Paytm's business to be affected owing to the ban

RBI letter to Paytm Bank does not talk about data access: Vijay Shekhar

RBI in its letter to Paytm Payments Bank has not mentioned anything about data access but has asked the company to carry out an audit from a third party, a top official of the company said on Monday.

Fully compliant with RBI data localisation directions: Paytm Payments Bank

In an interview with Reuters, Paytm CEO Vijay Shekhar Sharma said 'there is no access of any bank customer data to anyone, any investor'

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RBI punished Paytm Payments Bank for data leaks to Chinese firms: Report

Annual inspections by RBI found that the company's servers were sharing information with China-based entities that indirectly own a stake in Paytm Payments Bank, says a source

Taking immediate steps to comply with RBI directions: Paytm Payments Bank

This is the third time that Vijay Shekhar Sharma-promoted Paytm Payments Bank (PPBL) is facing action from the banking regulator since its inception in May 2017

RBI bars Paytm Payments Bank from acquiring customers, calls for IT audit

The ban on customer acquisition shall cripple business growth for Paytm PB, which is targeting to add half a billion customers to its fold

Top headlines: RBI setback for Paytm Payments Bank; IRDAI gets a new chief

Here are the top headlines on Friday

Paytm Payments Bank issues over 450,000 FASTags in December

Paytm Payments Bank on Monday said it issued over 4.5 lakh FASTags in December 2021, registering 11.33 per cent rise as compared to the previous month. Paytm Payments Bank Ltd (PPBL) claims to have led the market in the FASTag segment with 28.2 per cent market share. The firm said it issued 4,51,463 FASTags in December 2021 as against 4,05,541 in November, cementing its leadership position in the digital toll payments in the country. "Till now, Paytm Payments Bank has issued a total of 1,24,83,038 out of 4,42,23,583 FASTags issued by all 35 banks together," a company spokesperson said. PPBL has toll collection in over 200 toll plazas across national and state highways. "Users prefer Paytm Fastag, as it's linked to the Paytm Wallet and does not require them to create any separate account. We hope to continue to leverage our technology and banking expertise to offer seamless & convenient toll payments experience," PPBL MD and CEO Satish Gupta said.

Paytm's payments revenue expected to grow 50%-60% in Q4FY22: Sharma

Paytm's revenue from payments, including merchant transfers, is expected to be at around $140 million in the current quarter with a growth of 50-60% on a year-on-year basis

What does a scheduled bank status mean for Paytm Payments Bank?

After a choppy IPO debut, Paytm received the RBI nod to operate as a scheduled payments bank. How does it change things for the company? This report makes sense of Paytm Payments Bank's new status

TMS Ep62: Paytm, JioMart, Q&A with Marc Faber, long & short positions

What is Paytm Payments Bank's 'scheduled' status? Can Mukesh Ambani pull off a Jio in B2B retail? What's Marc Faber's take on financial markets? What are long and short positions? All answers here

Paytm Payments Bank gets RBI approval to operate as scheduled bank

After the announcement, Paytm's share price rose 2.62 per cent to close at Rs 1,594.55 apiece.

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Paytm Payments Bank receives scheduled bank status from RBI

With the scheduled bank status, the bank can explore new business opportunities

Paytm Payments Bank launches prepaid card linked with Paytm wallet

Paytm Transit card also enables the withdrawal of money from ATMs

RBI penalises Paytm Payment Bank and Western Union Financial Services

RBI imposed a monetary penalty of Rs 1 crore on Paytm Payments Bank