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BIZARRE: Fintech news topic - What They Never Told You

Expert calls for human accountability in AI-led banking at Global Fintech Fest

"AI can automate decisions; but accountability cannot be automated," Krishnakumar said.

The Economic Times

Intuit vs. Block: 1 Fintech Stock Is Built for the Next Decade

Intuit and Block are taking very different paths to build fintech businesses with the scale and growth potential to compound for years.

Barchart

Cathie Wood Just Bet $37 Million on Block. What It Means for XYZ Stock.

Cathie Wood’s Ark Invest bought 456,059 Block shares worth about $37.4 million as the fintech pushes deeper into AI and cost-cutting.

Barchart

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Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model

Block filed with the OCC to form Builders Bank & Trust, N.A., a national trust charter aimed at cutting sponsor-bank fees and unifying compliance for Cash App and Square.

MarketBeat

GFF 2026: FM Sitharaman on India’s tech leap, demographic dividend, AI risks and road to global scale

Global Fintech Fest: Sitharaman said that India was experiencing its demographic dividend in real time, with the country’s young population increasingly translating its potential into economic momentum.

The Economic Times

Jefferies' 25% CAGR club: Paytm, Groww among 5 financial stocks that can deliver up to 25% returns

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks.

The Economic Times

Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant

Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.

The Economic Times

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GFF 2026: Nitin Gadkari targets barrier-free tolling by February as FASTag cuts wait times by up to 90%

India is progressing towards fully digital and barrier-free tolling systems. A multi-lane free flow system will be operational by February. FASTag has already significantly reduced waiting times and eliminated cash transactions. This technological advancement saves millions of hours and substantial economic resources annually. Environmental benefits are also considerable, akin to…

The Economic Times

Global Fintech Fest: Kissht’s Next Phase of Growth Means Becoming a Broader Financial-Services Company, Not Just a Lender

A customer base of more than 12 million, rapidly diversifying product suite, and AI integration at enterprise scale perfectly positions digital lender Kissht to become a financial services company with a broad range of products and services. The company’s Founder & CEO, Ranvir Singh, says financial prudence and deeper understanding…

The Economic Times

RBI recognises Unified Fintech Forum as second self-regulatory body for fintech

The RBI had recognised the Fintech Association for Consumer Empowerment (FACE) as the first SRO-FT in August 2024, after it laid down the framework for recognising SROs in May.

The Economic Times

Indian Bank launches AI-TARA voice banking, Smart Wealth and IND Cash Optima at Global Fintech Fest 2026

Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in ten languages. Smart Wealth provides a consolidated view of customer finances and spending analytics. IND Cash Optima digitizes cash management for corporate clients. These innovations aim to enhance customer experience…

The Economic Times

GFF 2026: Scindia pitches ‘digital trinity’ of connectivity, compute and trust for AI economy

GFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networks are now financial highways and bank branches. The nation is expanding digital connectivity and infrastructure for financial inclusion and economic mobility. AI will make finance predictive, personal, and…

The Economic Times

GFF 2026: Fintech industry should step up investments to counter risks from emerging tech, says FATF vice-president

Fintech firms must increase investments to combat new technological threats. Emerging technologies like AI pose significant risks to India's economic progress. The FATF vice-president highlighted the need for proactive risk management strategies. Industry leaders need to understand and address these evolving challenges promptly. Timely action is crucial to safeguard the…

The Economic Times

GFF 2026: India's fintech transformation a result of innovation, inclusion & trust coming together, says RBI's Sanjay Malhotra

Malhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well served by the financial system. At the same time, such innovation needed to remain firmly anchored in trust, he added.

The Economic Times

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The Economic Times

BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI payments

BharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits up to sixty thousand rupees. Eligible users can utilise this credit for everyday UPI merchant payments seamlessly. Spends can be settled in full within forty-five days or via flexible…

The Economic Times

Global Fintech Fest 2026: Nandan Nilekani says risk of losing jobs due to AI lower in small companies

Nandan Nilekani foresees artificial intelligence posing greater job risks for large structured companies. He emphasizes that millions of small businesses are essential for generating future jobs. These dynamic roles in smaller firms are less susceptible to AI automation. India's formal startup sector has seen significant growth, indicating entrepreneurial potential. Empowering…

The Economic Times

Nandan Nilekani unveils three tokenisation pilots at Global Fintech Fest 2026

Regulators and central banks expressed concerns regarding cryptocurrencies and stablecoins. Nandan Nilekani highlighted tokenization's potential within a regulated framework. He discussed three live pilots implementing tokenization across different sectors. These pilots involve tokenizing dairy assets, warehouse receipts, and securitized assets. The underlying technology enables a unified architecture for various asset…

Barchart

Cathie Wood Is Doubling Down on Robinhood Stock

Cathie Wood’s Ark Invest is doubling down on high-growth names, and fintech player Robinhood just landed on her radar again. So, what’s behind the bullish bet?

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The Economic Times

India seeks payment-system links in every FTA, Commerce Secy says: Report

India aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster and significantly cheaper for users. The Unified Payments Interface is a key digital public infrastructure for this expansion. India's diaspora remittances are a major focus for cost reduction efforts.…

The Economic Times

Global Fintech Fest 2026: DFS Secretary Sanjay Lohiya unveils UPI credit for KCC, MUDRA borrowers

DFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowers to use sanctioned credit limits for merchant payments through UPI. The move could widen digital access to formal credit for farmers and small businesses, with more banks expected…

The Economic Times

MCX, IAMAI sign MoU to bring fintech solutions to commodity markets

MCX and IAMAI have signed an MoU to set up a Commodity Markets Innovation Council aimed at driving fintech-led innovation in India’s commodity markets. The industry-led platform will bring together stakeholders, startups and technology players to identify challenges, develop digital solutions, improve market access and support wider participation and efficiency.

The Economic Times

India, Saudi Arabia deepen fintech ties with three-year pact for investment, startup expansion

In a strategic move, India and Saudi Arabia have agreed on a three-year deal aimed at invigorating their fintech sectors and startup ecosystems. This collaboration is focused on enhancing market access and attracting investments. By linking startups and fintech enterprises with investors, the initiative is set to solidify economic relations…

The Economic Times

“Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decade

At Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial rails and unveiled a second act tied to a single question: whose progress still remains outside the frame?

The Economic Times

'No fraud' enabled through card tokenisation on mobile devices: PhonePe founder Rahul Chari

PhonePe's Rahul Chari dismissed card tokenization security concerns, stating no fraud is enabled. The company launched three new payment solutions with Visa at the Global Fintech Festival. PhonePe now offers Cross Border Scan to Pay for international transactions. It also enables micro-merchants to accept card payments using its Smart Accept…

The Economic Times

India-US trade deal ‘more or less’ finalised, framework for preferential access being worked out: Commerce Secretary Rajesh Agarwal

The India-US trade deal is nearly finalized, with both nations discussing preferential market access. India's free trade agreement with Chile is also in its final stages of negotiation. New Zealand FTA is expected to become active soon, potentially in October. Government efforts aim to reduce freight costs and support exporters…

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