Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

The top ten French fintech startups shaping the future of finance

October 10, 2025

Parallel secures $2.4 million to provide native AI finance teams for startups.

October 10, 2025

Oracle and Auditoria AI Enhance Financial Automation in This Week’s Cloud AI Updates

October 10, 2025

European small and medium-sized enterprises face risks while developing AI strategies on unstable digital groundwork, reveals recent Qonto survey.

October 10, 2025
Facebook X (Twitter) Instagram
Trending
  • The top ten French fintech startups shaping the future of finance
  • Parallel secures $2.4 million to provide native AI finance teams for startups.
  • Oracle and Auditoria AI Enhance Financial Automation in This Week’s Cloud AI Updates
  • European small and medium-sized enterprises face risks while developing AI strategies on unstable digital groundwork, reveals recent Qonto survey.
  • Fintech financing in India declines by 17% in 2025, yet early-stage startups maintain resilience against the slowdown: Tracxn – Startups News
  • Global regulator raises concerns about major tech control while AI in finance continues to be significant
  • Niro officially ceases operations after securing $20 million, with the founder stating that they achieved the unachievable.
  • Athenahealth Introduces Complimentary AI Enhancements for Revenue Cycle Management
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    European small and medium-sized enterprises face risks while developing AI strategies on unstable digital groundwork, reveals recent Qonto survey.

    October 10, 2025

    PM Modi invites international investors to be part of India’s growth narrative at the Global Fintech Fest.

    October 9, 2025

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025

    How Finjobsly is Helping Candidates Connect With Fintech Firms

    September 29, 2025

    AI-powered fintech job platform Finjobsly.com Launches

    September 16, 2025
  • AI

    Parallel secures $2.4 million to provide native AI finance teams for startups.

    October 10, 2025

    Oracle and Auditoria AI Enhance Financial Automation in This Week’s Cloud AI Updates

    October 10, 2025

    Global regulator raises concerns about major tech control while AI in finance continues to be significant

    October 10, 2025

    Athenahealth Introduces Complimentary AI Enhancements for Revenue Cycle Management

    October 10, 2025

    Financial Advice New Zealand introduces AI training program for advisors to enhance professional development.

    October 10, 2025
  • Acquisitions

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025
  • Trends

    Vietnam Fintech Market Overview: Trends, Growth Potential, and Future Directions

    October 8, 2025

    Industry size projected to reach 550.9 billion USD

    October 3, 2025

    Germany’s Fintech Market Expected to Reach 29.25 Billion USD by 2030

    October 3, 2025

    Expansion of the Blockchain and Fintech Sectors in Tokenization

    September 30, 2025

    Expansion and Investment Prospects in the GCC Fintech Sector

    September 25, 2025
  • Insights

    Finance Minister Sitharaman inaugurates foreign currency settlement system in Gift City.

    October 7, 2025

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025

    Exploring the Boundaries of Technology: Advantages of the Fintech Sector

    September 30, 2025

    Examining the recent evaluation of Up Fintech following new analyst coverage that emphasizes its growth prospects.

    September 24, 2025

    Riyadh Establishes a New Benchmark with Record 20/20 Middle East Funds, Enhancing Saudi Arabia’s Influence

    September 21, 2025
  • Rumors

    American regulators dismiss rumors of a dry CFTC merger, aiming to eliminate fear, uncertainty, and doubt in the cryptocurrency space.

    October 5, 2025

    Insights on OKX Communication Strategies for the Future of BTC Futures

    October 3, 2025

    Has the Texas Senate authorized the XRP reserve bill for purchasing $100 million in XRP annually?

    October 1, 2025

    Bitcoin and Ethereum dominate the market surge

    September 23, 2025

    Dogecoin price aims for $0.30 as the launch of Doje ETF boosts market optimism.

    September 18, 2025
  • Startups

    The top ten French fintech startups shaping the future of finance

    October 10, 2025

    Fintech financing in India declines by 17% in 2025, yet early-stage startups maintain resilience against the slowdown: Tracxn – Startups News

    October 10, 2025

    Niro officially ceases operations after securing $20 million, with the founder stating that they achieved the unachievable.

    October 10, 2025

    Key Startup Updates Today – Major Investments in AI, Fintech, and Funding

    October 9, 2025

    Europe’s top venture capital fund claims FinTech startups will influence the future economy.

    October 9, 2025
  • finjobsly
fintechbits
Home » Revolutionizing Fintech Innovation in India: IIIT-B and RBIH Join Forces
Technology Innovations

Revolutionizing Fintech Innovation in India: IIIT-B and RBIH Join Forces

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Iiitb1.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Revolutionizing Fintech Innovation in India: The International Institute of Information Technology, Bengaluru (IIIT-B IC) and the Central Bank Innovation Hub (RBIH) are pleased to announce the signing of a Memorandum of Understanding (MoU) to foster innovation and growth in the Fintech sector. This collaboration aims to create a unified and robust ecosystem that accelerates the growth of financial technology through innovation, research and support for startups.

The MoU signing took place at the RBIH office in Bengaluru, where the leaders of both the organisations, Dr Lakshmi Jagannathan, CEO, IIIT-B IC and Mr. Aakarsh Naidu, Head of Fintech and Startups, RBIH, came together to mark this milestone moment. The MoU formalizes the partnership between IIIT-B IC and RBIH, combining their strengths to create a robust ecosystem for Fintech development. This agreement represents a shared commitment to enhance the Fintech landscape, provide valuable resources and foster a culture of innovation.

Prof. Debabrata Das, Director IIIT Bangalore highlighted the importance of this MoU and felt that with RBI’s financial domain expertise coupled with IIIT-B’s deeptech expertise, fintech as well, this initiative will be a clear differentiator.

Dr. Lakshmi Jagannathan, CEO of IIIT-B-ICstressed that this is a unique opportunity to strengthen the Fintech innovation and startup ecosystem and that IIITBIC wants to take the lead.

Mr. Rajesh BansalCEO of Reserve Bank Innovation Hub (RBIH) said “By leveraging IIIT-B and RBIH’s expertise in technology, innovation and research, we are taking a step forward towards creating a future-ready fintech ecosystem. This partnership is a testament to our shared commitment to delivering effective fintech solutions that meet the evolving needs of India’s diverse population and strengthen financial inclusion across the country.”

About IIIT-B and IIIT-B IC

The International Institute of Information Technology, Bangalore (IIIT-B), recognized for its excellence in academia, innovation and societal contributions, has long been a leader in promoting technological advancements. Through its independent Section 8 company, IIIT-B IC Innovation Centre (IIIT-B IC IC), the institute has been spearheading innovation and entrepreneurship for nearly two decades. With a specialization in the fintech sector, IIIT-B IC IC provides a stimulating ecosystem for startups, supporting cutting-edge research and technology development. The centre continues to play a pivotal role in driving breakthrough innovations that address critical challenges across sectors.

About RBIH

RBIH is a wholly owned subsidiary of the Reserve Bank of India, established to promote and facilitate an environment that accelerates innovation in the financial sector. RBIH aims to encourage and evangelize innovation across the financial sector to enable “frictionless financing for a billion Indians”. To achieve this, RBIH strives to foster synergy between technology companies, banks, non-banking financial companies, fintech, academia and investors across three pillars of intervention – product innovation, process innovation and policy innovation, spearheaded by technology.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sofi Technologies speeds up advancements in financial technology

October 1, 2025

Newspravin Mahajan: The mortgage broker driving technological advancements by integrating Fintech and AI to transform the mortgage industry.

September 26, 2025

Ideal Finance launches a global fintech regulatory innovation lab in Silicon Valley and collaborates with major international firms to develop an institutional-level digital custody system.

September 26, 2025
Leave A Reply Cancel Reply

Latest news

The top ten French fintech startups shaping the future of finance

October 10, 2025

Parallel secures $2.4 million to provide native AI finance teams for startups.

October 10, 2025

Oracle and Auditoria AI Enhance Financial Automation in This Week’s Cloud AI Updates

October 10, 2025
News
  • AI in Finance (1,713)
  • Breaking News (173)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (309)
  • Market Insights (216)
  • Market Rumors (279)
  • Regulatory Updates (174)
  • Startup News (1,116)
  • Technology Innovations (179)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,713)
  • Breaking News (173)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (309)
  • Market Insights (216)
  • Market Rumors (279)
  • Regulatory Updates (174)
  • Startup News (1,116)
  • Technology Innovations (179)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.