Economy, Banking and Finance · 3 January 2026

Reserve Bank of India (RBI) grants BRISKPE final PA-CB authorisation for cross-border inward and outward payments.

Exam-focused facts from the 3 January 2026 current affairs briefing.

Key facts

  • BRISKPE receives RBI final authorisation to operate as a Payment Aggregator-Cross Border under the Payment and Settlement Systems Act 2007.
  • Authorisation covers both inward and outward payment flows within the RBI PA-CB regulatory framework.
  • BRISKPE becomes one of India’s youngest cross-border payments fintechs to secure PA-CB approval.
  • Platform serves over 10,000 customers, majority being MSME exporters.
  • BRISKPE targets scaling transaction volumes above USD 1 billion by end-2026.
  • Operations integrate with global banks for collections and AD Category-I banks in India.
  • Platform holds ISO 27001, SOC-II-Type-II certifications and is GDPR compliant.