Deep-pocketed financial technology players are setting up physical infrastructure to provide know-your-customer (KYC) services for users, following the Supreme Court verdict restricting Aadhaar usage by private entities. Paytm has done it: It put a number of executives on-ground to nudge users to complete their KYC process after the verdict. Now, Amazon has started rolling out […]
Archives for 2019
Real marker for a business is the money it makes: Snapdeal’s Kunal Bahl
By Kunal Bahl, Snapdeal Last month, during a dinner with business leaders from traditional sectors like cement, textiles, hospitality, etc, the discussion veered towards the soaring losses of digital businesses and whether this was on account of “spray & pray” optimism about a fortune to be made down the road. In the preceding weeks, a […]
Research Firm Ranks 9 Cloud Management Platforms
News Research Firm Ranks 9 Cloud Management Platforms By David Ramel 01/10/2019 Research firm Gartner Inc. published a new report on cloud management platforms, listing Flexera (RightScale), Scalr, Embotics and Morpheus Data in the “leaders” category. “CMPs enable organizations to manage multicloud (i.e., private and public cloud) services and resources,” the report says. “This includes […]
At CES, Focus is On ‘Cool Factor’ Not IoT Security
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Reliance Jio takes first big step into fintech, enters PoS business
Fintech seems to be the next segment that Mukesh Ambani’s Reliance is aiming to disrupt. Payments bank was just the start. After acquiring over 200 million subscriber base, Reliance Jio is now eyeing the merchant community by entering the point-of-sale (PoS) segment. If an industry source is to be believed then the company has already […]
How edge computing can help secure the IoT
Data created by Internet of Things (IoT) sensors must be secured better, say some. A simple password-on-device solution is no longer sufficient thanks to increasing data protection regulations, a new public awareness of tracking, and hugely proliferating devices. A new kind of architecture using Security Agents should be aggressively built into local routers and networks […]
Indian elections top priority for Zuckerberg and Facebook: Katie Harbath
With just four months to go for general elections, Facebook is looking to “ramp up its integrity efforts” in India. This will include “imminent appointment of key personnel, increased advertising transparency, and implementing its learnings from the recently concluded elections in Brazil, the United States (Congress and Senate midterms), Bangladesh, and India (state elections). In […]
Zerodha replaces biggies as largest broker in India
New-age stock brokers which are offering trading services at near-zero costs, are changing the old order at a fast pace, on the back of the rapid adoption of technology in India’s banking and financial services space. Bangalore-based tech-driven, low-cost brokerage house Zerodha, started by a former trader nearly eight years ago, has replaced giants like […]
Ahead of elections, Facebook to ramp up ‘integrity efforts’ in India
With just four months left for India to go for general elections, Facebook is looking to “ramp up its integrity efforts” in the country. This will include imminent appointment of key personnel, increased advertising transparency, and implementing its learnings from the recently concluded elections in Brazil, the United States (Congress and Senate midterms), Bangladesh, and […]
RBI’s new directive likely to ease and secure card payments
The Reserve Bank of India’s latest directive on tokenisation services for card payments could open a new frontier for digital payments, expand ease of use and make card payments safer, said industry executives. On Tuesday, the central bank had said that card companies would be allowed to offer tokenisation services to third-party service providers as […]