Categories: Business

NPCI and Fiserv launch ‘nFiNi’ programme

National Payments Corporation of India (NPCI) in partnership with Fiserv Inc. to launch the plug-and-play RuPay credit card stack, ‘nFiNi’. nFiNi is a ready stack of services required for fintechs and banks to issue RuPay credit cards and will enable fintech to co-create bank-sponsored credit cards. It is a BaaS (banking-as-a-service) programme.

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About the platform:

The nFiNi platform will power RuPay cards (including National Common Mobility Card) by offering access to needed services through the NPCI network combined with FirstVisionTM cloud-based open API integrations from Fiserv.
This will bring significant efficiencies for banking and fintech institutions at various levels in terms of operations and customer management. The programme will further enable these institutions to expand their market base to new-to-credit customers.

Important takeaways for all competitive exams:

National Payments Corporation of India MD & CEO: Dilip Asbe.
National Payments Corporation of India Headquarters: Mumbai.
National Payments Corporation of India Founded: 2008.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.