Paytm banks on Wipro to ensure it’s on right side of law.
Paytm ties up with Wipro for payments bank. Paytm has partnered with IT services company Wipro for a standardized core-banking system to ensure that all accounting and regulatory requirements are met at its upcoming payments bank business. Wipro will implement core-banking solutions for Paytm and also the programme to manage the integration of other key systems like anti-money laundering and regulatory reporting solutions. According to Paytm, Wipro will be implementing the core banking solution for Paytm and also programme managing the integration of other key systems like the anti-money laundering solution and the regulatory reporting solution.