This edition of our newsletter brings you a closer look at our latest developments in November. It highlights how iServeU continues to strengthen compliance frameworks and drive innovation across the evolving fintech landscape.
Product Update:BBPS FX Retail Goes Live
iServeU recently went live with BBPS FX Retail, enabling banking clients to offer seamless USD/INR transactions to their retail customers directly through their platforms. Powered by iServeU’s solution, banks can now leverage BBPS infrastructure for booking forex, reload travel cards with real time rates and instant booking.
iServeU has emerged as one of the leading Bharat Connect TSP partners to go live with FX Retail—a category recently announced at the Global Fintech Festival 2025 by NBBL.
Continuing this progress, iServeU’s Bharat Connect FX Retail solution lets banks offer forex booking directly through their mobile and internet banking apps- eliminating branch visits. The solution ensures secure and compliant processing through encrypted callbacks, real time connectivity, and LRS journey.
Whether reloading a virtual forex card, sending money abroad, or validating a beneficiary, charges and status updates appear instantly. iServeU enables banks to deliver fast, secure, and seamless FX services at customers’ fingertips
iServeU a certified TSP partner of NBBL
iServeU is a certified TSP under NPCI’s Bharat Connect program for both COU and BOU segments, reinforcing its position as a trusted and compliant payments infrastructure provider.
This certification enables iServeU to power banks with seamless BBPS-enabled payment services and introduce advanced offerings like BBPS-based FX Retail & etc. With this capability, banks can gain access to a unified, interoperable bill- payment network that supports secure, real-time transactions. across categories such as utilities, telecom, education, insurance, and now even forex.
Strategic Appointment at iServeU
iServeU, as a strategic move, has appointed Mr. Gagan Bihari Sathpathy as its Chief Information Security Officer to deepen cybersecurity and compliance capabilities. Mr. Sathpathy, certified with CISA, CISSP and CISM, will strengthen governance, resilience, and alignment with DPDP and other evolving data protection and fintech regulatory frameworks across all iServeU powered solutions.
iServeU at Global Platform🌐
Singapore FinTech Festival 2025
Senior leadership engaged with industry experts, regulators, and government representatives from Odisha, strengthening iServeU’s global visibility. iServeU also signed an MoU with Digit9 to enhance last-mile financial access across India. The event opened new collaboration opportunities and reinforced iServeU’s position as a trusted technology partner in the evolving fintech landscape.
