Financial Services

It rolled out a simpler tech stack with UPI Lite and introduced credit card linking, which can aid its global expansion efforts. 

The SEC fined the firm $35M for improperly disposing of devices containing sensitive data.

Fintechs and neobanks value banking licenses for functional reasons, but they might be seeking intangible benefits as well.

Customers are still reporting service gaps. Now the AG wants to take control, and others are calling for federal oversight.