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.