AGP Executive Report
Last update: 12 hours agoUPI Pricing Shake-Up: India is mulling a return of Merchant Discount Rate (MDR) charges on UPI payments above Rs 2,000, potentially up to 0.5% for large merchants, while smaller businesses (up to Rs 1.5 crore turnover) may be exempt. Digital Assets Regulation: US lawmakers are pushing the Senate to pass the CLARITY Act to set clearer federal rules for crypto, aiming to shift from enforcement to “rules of the road.” Banking & Fintech Partnerships: Nigeria’s Wema Bank is doubling down on fintech collaboration, citing N18tn processed in the past 12 months and expanding virtual accounts and API support. Cross-Border Payments: Ant International’s Alipay+ is enabling Argentina’s national QR payments via Transferencias 3.0, connecting millions of merchants to global wallets. Crypto Security: Consensys says it accidentally granted access to a contractor linked to North Korea, paused launches, and found no asset or data misuse. AI in Finance & Pensions: India’s PFRDA chair outlined an AI-based pension advisory platform and a new NPS Swasthya product combining retirement and health cover. Market Pulse: Vietnam’s VN-Index slipped below 1,800 as selling hit banking and large caps, while liquidity eased. Corporate Moves: Bank of America named new leaders for global digital assets and AI transformation, reflecting a broader Wall Street shift toward blockchain and AI governance.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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