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India is one of the top three countries globally for financial inclusion uplift.
MUMBAI, India, Dec. 19, 2024 /PRNewswire/ -- Real-time payments boosted India's GDP by $50 billion in 2023, making it the world's largest market in terms of GDP growth, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, in collaboration with The Centre for Economics and Business Research (Cebr). This is equivalent to the output of approximately 6.8 million workers.
One in three scam victims will leave their current financial institution, underscoring the critical need for financial institutions to protect customers and maintain trust.
MUMBAI, India, Dec. 12, 2024 /PRNewswire/ -- Authorized push payment (APP) scam losses in India reached INR 37,309 million in 2023 and are projected to grow at a 6% compound annual growth rate (CAGR) to reach INR 49,626 million by 2028, according to the latest Scamscope report from ACI Worldwide (NASDAQ: ACIW), a pioneer in global payments technology, in partnership with GlobalData, a leading data and analytics company. The report analysed APP scams across six leading real-time payment markets globally: U.S., U.K., India, Brazil, Australia and the UAE.