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kyc norms

Paytm crisis: FM Nirmala Sitharaman asks RBI, fintechs to hold monthly meetings in wake of Paytm crisis

Finance Minister Nirmala Sitharaman has asked regulators to hold monthly meetings with startups and fintech firms to address their issues and concerns while emphasising strict regulatory compliance.Sitharaman met startup and fintech stakeholders on Monday along with senior government officials.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech,…

gambling apps: NCPCR highlights lack of KYC norms for gambling apps, sites

The National Commission for Protection of Child Rights (NCPCR) has written to the ministry of electronics and information technology highlighting the lack of KYC norms for gambling apps and websites, which it claims has led to unlawful participation of children on these platforms.In a letter sent on Wednesday, the NCPCR said that a complaint from New Delhi-based trust 'Society against gambling' spoke of the "presence of numerous illegal online gambling websites and applications operating within the country, posing a…