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The feature has attracted a whole host of startups taking people for a ride. The problem is now large enough for an efficient regulator to step in.

The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.
A correct summary of modern times is that there are decades when nothing happens and then there are weeks in which a lot comes to pass. Like these past few weeks.
The AI startup’s $100 million ARR claim does not quite add up even as Dream11—forced out of real-money gaming—prepares to take its massive user base into stockbroking.