'PPIs Interoperability' | RBI's Fintech Implications | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
Prepaid instruments are designed to hold funds as a store of value funded by an individual or business for a specific purpose. PPIs are typically issued to consumers or businesses by platforms looking to facilitate digital transactions through swipes i.e., POS machines, online i.e., Payment Gateway, UPI payments i.e., Scan n Pay, or for payments to other customers i.e., Wallets. RBI mandated interoperability for full-KYC prepaid instruments and for all payment acceptance infrastructure by 31st March 2022. Interoperability refers to the ability of computer systems or software to exchange and make use of information. This would imply the exchange of information and the seamless transfer of funds between PPIs. The move towards mandatory interoperability is being seen as consumer friendly as it will allow customers of mobile wallets to transfer funds from one wallet to another. Further, as a confidence-boosting measure, and to bring uniformity across PPI issuers, it is now proposed to allow cash withdrawals for full-KYC PPIs of non-bank PPI issuers. In the past, the RBI’s policies have inadvertently affected the popularity of PPIs. With the rollout of UPI and the imposition of strict obligations to ensure KYC compliance in 2017, PPIs witnessed a loss of appeal in providing wallet services. The customer base began migrating towards the use of UPI, which provided zero-cost transfers directly from bank accounts, bypassing the service fee which was charged on such transactions by PPIs.
Secondly, the RBI proposed to gradually allow the payment system operators to obtain direct membership in the Central Payment System. This would enable them to additionally transact through Real-Time Gross Settlement and National Electronic Funds Transfer without the interference of traditional banks. Beneficiaries would not only.
'PPIs Interoperability' | RBI's Fintech Implications | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
Prepaid instruments are designed to hold funds as a store of value funded by an individual or business for a specific purpose. PPIs are typically issued to consumers or businesses by platforms looking to facilitate digital transactions through swipes i.e., POS machines, online i.e., Payment Gateway, UPI payments i.e., Scan n Pay, or for payments to other customers i.e., Wallets. RBI mandated interoperability for full-KYC prepaid instruments and for all payment acceptance infrastructure by 31st March 2022. Interoperability refers to the ability of computer systems or software to exchange and make use of information. This would imply the exchange of information and the seamless transfer of funds between PPIs. The move towards mandatory interoperability is being seen as consumer friendly as it will allow customers of mobile wallets to transfer funds from one wallet to another. Further, as a confidence-boosting measure, and to bring uniformity across PPI issuers, it is now proposed to allow cash withdrawals for full-KYC PPIs of non-bank PPI issuers. In the past, the RBI’s policies have inadvertently affected the popularity of PPIs. With the rollout of UPI and the imposition of strict obligations to ensure KYC compliance in 2017, PPIs witnessed a loss of appeal in providing wallet services. The customer base began migrating towards the use of UPI, which provided zero-cost transfers directly from bank accounts, bypassing the service fee which was charged on such transactions by PPIs.
Secondly, the RBI proposed to gradually allow the payment system operators to obtain direct membership in the Central Payment System. This would enable them to additionally transact through Real-Time Gross Settlement and National Electronic Funds Transfer without the interference of traditional banks. Beneficiaries would not only
Technology video | 225 views
Newer opportunities of investment | fintech companies | Digital Payments | VARINDIA News Hour
India is amongst the fastest growing Fintech markets in the world. The Indian Fintech ecosystem sees a wide range of subsegments including Payments, Lending, Wealth Technology (WealthTech), Personal Finance Management, Insurance Technology (InsurTech), Regulation Technology (RegTech) etc. India remains one of the largest markets where the structural enablers to set up and incubate fintech have come together strongly and at an apt time. Combination of steady economic growth with low penetration of financial services and availability of supporting infrastructure such as internet data access, smartphones along with utility infrastructure including Aadhaar based authentication and India Stack capabilities are likely to provide the required impetus to India's FinTech sector. The FinTech market has continued to help expand access to financial services during the pandemic, especially, the emerging market has seen strong growth in all types of digital financial services. The digital payments landscape has also grown rapidly over the last decade. India has globally positioned itself as a benchmark in digital payments owing to its resilient payment infrastructure, market practices and proliferation of digital payments across various segments which include both retail and merchants.
Fintech has helped reduce the cost of providing services, making it reachable to more people while reducing the need for face-to-face interactions, which is highly essential for keeping the economic activity during the pandemic going. As the pandemic situation is getting better, many fintechs are under stress on a number of fronts. But, as the broader economy shifts from “respond” to “recover”, new opportunities may be created for some fintechs. A key question is how fintechs may leverage their unique assets and skills to seize new opportunities in the future. It could be an opportun
Technology video | 240 views
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है।
FinTech में भारत की ताकत GIFT IFSC के विजन से जुड़ी हुई हैं, जिसके कारण ये स्थान FinTech का एक उभरता हुआ केंद्र बन रहा है।
- पीएम @narendramodi
पूरा वीडियो देखें: https://youtube.com/watch?v=cWg_uIFEy4s
► Whatsapp ????https://whatsapp.com/channel/0029Va8zDJJ7DAWqBIgZSi0K ????
► Subscribe Now ???? https://link.bjp.org/yt ????Stay Updated! ????
► Facebook ???? http://facebook.com/BJP4India
► Twitter ???? http://twitter.com/BJP4India
► Instagram ???? http://instagram.com/bjp4india
► Linkedin ???? https://www.linkedin.com/company/bharatiya-janata-party/
► Shorts Video ???? https://www.youtube.com/@bjp/shorts
► PM Shri Narendra Modi's programs ???? https://www.youtube.com/watch?v=NQ2mG9eabWg&list=PL8Z1OKiWzyBH3ImCOpXsYZk5C-6GeKnKS
► BJP National President Shri JP Nadda's program ???? https://www.youtube.com/watch?v=mc3d67Cg3yk&list=PL8Z1OKiWzyBHWdpDfhww7RwmfMYjZYC7y
► HM Shri Amit Shah's programs ???? https://www.youtube.com/watch?v=tSX3TshTq20&list=PL8Z1OKiWzyBHIdo3uGZLPLCjb9iuYuG-2
► Popular videos ???? https://www.youtube.com/watch?v=y6mKBvuyOTg&list=UULPrwE8kVqtIUVUzKui2WVpuQ
► Playlists BJP Press ???? https://www.youtube.com/watch?v=BUUxF2zZdHI&list=PL8Z1OKiWzyBGesYbBbDcV4MtX8UUpv9Xo
#BJPLive #BJP #PressLive #PressConference #Press
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTech
News video | 181 views
Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained
Fintech is a term used to describe the companies operating in the financial technology sector. Rising popularity for digital payments, increased investments in technology-based solutions, supportive government regulations, increased adoption of IOT devices are expected to positively influence the Global FinTech Market in the coming years. Rising innovations like mobile wallets, mobile banking, secure payment gateways, digitized money, paperless lending, etc., and adoption of e-commerce platforms across the economies, coupled with rising smartphone penetration have paved the way for increasing FinTech transactions. India has undoubtedly emerged as one of the fastest-growing FinTech hotspots in recent years. However, concerns related to data security, lack of mobile and technology expertise may hamper the FinTech market during the forecast period. Analysts say that we are still at the earliest stages of true FinTech as the future impact of cloud computing, IoT, artificial intelligence, and blockchain cannot even be estimated yet. Each year, tech companies are digging deeper into the financial services value chain and also creating new market structures in underbanked developing countries. Pure FinTech players are now sharing the market with some banks which provide new, digital-friendly banking services and integrate digital payments, microfinancing, and robo-advisor services into existing bank accounts.
Digital banking will play a crucial role in the growth of the global fintech market in the coming years. With the global adoption rate of nearly 25%, this market brings various opportunities for fintech companies. Apart from the credit financing, there are several ways the SMEs can be benefited, like using APIs and distributed accounting technologies to achieve process efficiency. According to a report from Boston Consulting Group and FICCI, India is well-
Technology video | 203 views
NVMe to revolutionise new storage practices | Technology | VARINDIA News Hour
As businesses contend with the perpetual growth of data, they need to rethink how data is captured, preserved, accessed and transformed. NVMe is having a great impact on businesses and what they can do with data, particularly Fast Data for real-time analytics and emerging technologies. NVMe is more than faster flash storage – it’s also an end-to-end standard that enables vastly more efficient transport of data between storage systems and servers. NVMe is commonly used for solid-state storage, main memory, cache memory or backup memory. It provides an alternative to the Small Computer System Interface (SCSI) standard and the Advanced Technology Attachment (ATA) standard for connecting and transmitting data between a host system and a target storage device. NVMe was designed for use with faster media. Architecturally, the logic for NVMe is physically stored within and executed by the NVMe controller chip that is physically co-located with the storage media, usually an SSD. NVMe technology has found its way into consumer-grade products as well in the form of external hard drives and plug-and-play memory for CPUs. Through wider adoption and economies of scale, NVMe is expected to eventually become the most cost-effective option for memory. The protocol provides a high-bandwidth and low-latency framework to the storage protocol, but with flash-specific improvements.
NVMe supports a large number of deep queues and commands per queue. It enables parallelism in multiple cores of the system while supporting the Non-Uniform Memory Architecture (NUMA). Lockless command submission and completion provides much better latency and bypasses all SCSI layers. Hyperscale data centers are the early adopters of non-volatile memory express flash, as vendors lay out plans to further flash devices and NVMe fabrics in coming years. NVMe provides Controller Memory Buffer features that allow a host
Technology video | 216 views
Digital advertising spend losses to reach 68 billion globally in 2022 | VARINDIA News Hour
#VARINDIA_News_Hour
The value of digital advertising spend lost to fraud to touch $68 billion globally in 2022; rising from $59 billion in 2021. The Juniper Research new study, Digital Advertising Fraud: Key Trends, Competitor Landscape & Market Forecasts 2022-2026, found that those advertising in the US will potentially suffer the most in financial loss due to fraudulent activity, with total losses in the US expected to surpass $23 billion in 2022. The comprehensive research identified the top 5 countries most impacted by advertising fraud, which together account for 60% of global losses are US, Japan, China, South Korea and UK together account for 60 per cent of global digital advertising spend losses. The US represents the largest market for digital advertising spend, with high levels of Internet penetration and elevated mobile app and browser usage presenting strong opportunities for the display of promotional content. The researchers urged digital advertisers targeting these five key markets to form strategic partnerships with ad fraud detection and prevention vendors capable of distinguishing between valid and fraudulent advertising traffic that provides no return on ad spend.
Research author Scarlett Woodford remarked: “With the US representing such a significant market in terms of advertising spend, campaigns in North America will undoubtedly attract the attention of fraudulent players. This will lead to unprecedented innovation in fraud tactics within the US, with advertisers demonstrating a greater requirement for fraud detection and mitigation services.” In response to the rising threat of ad fraud, the report urges digital advertisers targeting these five markets to form strategic partnerships with ad fraud detection and prevention vendors capable of distinguishing between valid and fraudulent advertising traffic that provides no retu
Technology video | 215 views
SaaS companies might be the next wave of technology giants | Technology | VARINDIA News Hour
The Indian Software as a Service (SaaS) landscape continues to mature rapidly, with more companies reaching larger scale and driving heightened investor interest. In 2021, more than 35 Indian SaaS companies had $20 Million+ annual recurring revenue - a sevenfold increase over five years -with between 7 and 9 of these companies reaching the $100M annual recurring revenue milestone (versus one to two companies five years ago). India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled 'Shaping India’s SaaS Landscape' by #SaaSBOOMi. Vertical business software has seen 100% year-over-year growth, with several Indian success stories emerging. Growth is primarily driven by an increased number of deals for vertical business software and larger deal sizes for horizontal business software. A report says, software accounts for 20% of the total enterprise spending on technology but has a value creation of nearly 50%.
The #SaaS companies founded in India by the Indian founders, that have the majority of their workforce in India, are serving both domestic and global customers, which is $2.6 billion in size and employs about 40,000 people, is expected to record a 20X revenue jump by 2030. The narrative goes beyond this mammoth opportunity. This ‘20X jump’, which will generate $50-70 billion in revenue, is merely 6 percent of the global SaaS market —reflecting the untapped size of the pie and the huge window of opportunity that lies ahead for the SaaS industry. The Indian SaaS ecosystem will be one of the biggest value creation opportunities that we are going to see in the decade ahead of us. It is touted to grow at a CAGR of 18%. The Indian SaaS landscape is maturing rapidly, with the number of SaaS firms doubling and 60+ SaaS firms
Technology video | 183 views
Increasing Concerns On Cloud Services Are Under Attack | Cyber Attack | VARINDIA News Hour
With the new hybrid-working model we see organizations increasingly moving more of their workload settings to the cloud. While this transformation offers great agility and scalability benefits, it comes with inherent and increased risks to security and compliance. A simple configuration error can result in your entire organization being exposed to threat actors who no longer need to break into your data center to access your critical data or conduct ransomware attacks. As per Gartner by 2025, 99% of cloud security issues will be a result of human error when configuring assets and security in the cloud. At a time when organizations are becoming increasingly dependent on third-party cloud vendors such as AWS, Microsoft Azure, IBM and Google Cloud Platform to securely manage their data, concerns around misconfigurations and other vulnerabilities in the cloud are likely to amplify quickly. What’s more, many of the organizations finding themselves at risk have had to accelerate their digital transformation initiatives at an uncomfortable pace over the past two years, resulting in knowledge and talent gaps that only add to their fears around cloud security.
Under the shared responsibility model - a security framework designed to ensure accountability for compromised data and other incidents - the cloud provider will offer basic cloud security, but it's up to businesses themselves to secure their own data within the cloud. To put it in another way, if cloud providers ensure the town gates are locked and the perimeter is well guarded, it’s still up to businesses to ensure their own doors are locked. That’s no mean feat, particularly when you consider that many large enterprises now rely on three or four cloud platforms as part of a multi-cloud strategy. Attacks on cloud service providers are ramping up. As outlined in Check Point 2022 Security Report, the previo
Technology video | 158 views
The Growing Trickbot Attacks | Trickbot Malware | Posing Concerns | VARINDIA News Hour
TrickBot attack, the Windows services and the activities of Windows Defender or other antivirus software are first terminated. Various methods are then used to extend privileges. The cybercrime operators behind the infamous TrickBot malware have as soon as once more upped the ante by fine-tuning its strategies by including a number of layers of protection to slide previous anti-malware merchandise. The resulting administrative rights can then be used by further plug-ins, which the malware loads automatically. Subsequently, TrickBot spies on both the system and the networks and collects data from the user. The information gathered by the malware is then forwarded to external devices, or to the cybercriminals behind the attack. As per Kaspersky, initially, TrickBot often found its way into the system through phishing emails. This involves sending deceptively genuine fake emails from well-known institutions and companies, which often have an attachment. Victims of a TrickBot attack are requested in the email to open the attachment or link, which leads to the infection of the device. Opening the attachments causes the malware to be downloaded. A TrickBot infection can also occur, through malicious updates or through malware that is already on the end device. Once the malware has made it onto the computer and is able to save the user's data, one of its main goals is to remain undetected for as long as possible.
A Research on Trickbot says, the malware targeting companies in retail, building materials, manufacturing, insurance, and construction with phishing emails are designed to steal credentials. The Trickbot malware is designed to build a botnet—a network of hundreds or sometimes thousands of hacked and connected devices used to launch attacks on organizations and individuals. Russian-based criminals behind the notorious malware known as Trickbot appear to b
Technology video | 151 views
A connected workforce is the key to manufacturing success| Digital | Technology | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
The manufacturing skills gap is projected to leave more than 2 million jobs unfilled by 2030, costing the US economy as much as $1 trillion, according to a report by Deloitte and The Manufacturing Institute. Experts predicted that with the coming of the Fourth Industrial Revolution, automation and advanced technologies would rapidly displace factory jobs and workers world-wide. When COVID-19 hit, about 1.4 million people lost manufacturing jobs. Although the industry has hired back many workers, hundreds of thousands of positions remain unfilled. Digital collaboration tools are primed to play a critical role in enabling workers to tap into the collective knowledge of the enterprise, solve problems with experts remotely, and turn internet of things data from the shop floor into lasting value. Secondly, the emerging workforce will need to manage Industrial Internet of Things devices, use analytical tools to inform their decisions, and oversee technologically advanced operations—while keeping the lights on and training the next generation.
Factory workers are an integral part of this journey. After all, better enterprise resource planning systems, manufacturing execution systems, computerized maintenance management systems, robots, conveyors, and machinery still require people to make everything run. We can’t deny the fact that there are several benefits of a connected workforce in manufacturing. According to the Department of Energy, 80% to 90% of downtime is caused by human error. But the concern is how to reduce human error, manufacturers rely on standard operating procedures recorded in paper manuals or orally communicated by employees. But with the current labour shortages, and with the rapid evolution of manufacturing technologies, organizations can’t rely on paper and institutional knowledge.
Technology video | 219 views
IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the South Africa, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of World Cup T20 2024. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 9107 views
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Zimbawe in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Zimbawe, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 993 views
Watch as our employees try to guess the famous cricketers from just a few clues. Can you beat them at their own game? Test your cricket knowledge and see how many cricketers you can guess correctly. Don’t forget to like, comment, and subscribe for more fun office challenges and cricket trivia! #CricketChallenge #OfficeFun #guessthecricketer #crickettrivia
Office Fun Challenge: Guess the Cricketers? #office #crictracker #cricketlover ????
Sports video | 1575 views
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Bangladesh, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 1716 views
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 1337 views
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 986 views
মানুহৰ জীৱনৰ ধৰ্ম আৰু কৰ্ম কিহৰ দ্বাৰা পৰিচালিত হয়?
Vlogs video | 1281 views
ভগৱান শ্ৰীকৃষ্ণৰ জীৱন দৰ্শনৰ পৰা আমি কি কি কথা শিকা উচিত?
Vlogs video | 1300 views
চুতীয়া শব্দৰ উৎপত্তি আৰু চুতীয়া সকলৰ ইতিহাস
Vlogs video | 1114 views
Neel Akash live music show 2024 Rongali Bihu || Asin Ayang mane ki? ||
Vlogs video | 1357 views