FinTechLabs

Government's decision to remove MDR has annual cost implication of Rs 2,000 crore for the lenders
For more visit: https://tech.economictimes.indiatimes.com/news/internet/without-merchant-fees-banks-say-they-cant-reimburse-payment-firms/73572403

Without merchant fees, Banks say they can't reimburse payment firms - ETtech Government's decision to remove MDR has annual cost implication of Rs 2,000 crore for the lenders

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Fintech companies are fundamentally changing how the financial services ecosystem operates, giving consumers powerful tools to help with savings, budgeting, investing, insurance, electronic payments and many other offerings.

To know more click : https://techcrunch.com/2020/01/23/us-regulators-need-to-catch-up-with-europe-on-fintech-innovation/

US regulators need to catch up with Europe on fintech innovation – TechCrunch Consumer fintech adoption in the U.S. lags well behind much of Europe, where forward-thinking regulation has sparked an outpouring of innovation in digital banking services and infrastructure.