25th June, 2022, Issue 22
FrankBanker Weekly Newsletter– Quick learnings and happenings for the week.
1. RBI extended the timeline to comply with its guidelines on Restriction on Storage of Actual Card Data by Payment Service Providers
2. RBI released Draft Master Direction on Outsourcing of IT Services
3. Impact of recent RBI reiteration on PPI on BNPL players
4. Pine Labs acquired fintech infrastructure company Setu
6. HDFC Bank plans to revamp its IT architecture by moving Payments out of Core Banking
7. FinBox, a low code embedded finance infrastructure provider, raised $15 million,
8. NEW! Jobs page for Fintech and Bank openings
….. and more in this week’s newsletter, especially curated for Banking and Finance pros