Cred is also developing an offline payments business and will start deploying QR code based ‘scan and pay’ payments at retail outlets. It will build on the UPI payments facility that Cred is pushing. It might need to apply separately for the payment aggregator-point of sale (PA-P) licence. Read more:
At the time of the last halving in May 2020, for example, bitcoin’s price stood at around $8,602, according to CoinMarketCap – and climbed almost seven-fold to nearly $56,705 by May 2021. Bitcoin prices nearly quadrupled a year after July 2016’s halving and shot up by almost 80 times one year out from bitcoin’s first …
Bitcoin’s next ‘halving’ is right around the corner. Here’s all you need to know Read More »
“In the last 24 hours, both BTC and ETH experienced a decline of over 4%. The reasons behind this fall could be attributed to geopolitical tensions, as well as the upcoming BTC halving, historically known for inducing high volatility. Negative ETF data also contributed to market sentiment,” said CoinDCX Research Team.
Further insights from the survey highlight a significant overlap between crypto and traditional equities (stocks & mutual funds) investment. A staggering 58.5% of investors have allocated funds to both asset classes, indicating a diversified approach to wealth accumulation. Conversely, only 5.5% of respondents exclusively invest in crypto, while 17% focus solely on equities.
Gokey said Broadridge has made about 45 acquisitions of smaller companies with promising technologies and is also exploring opportunities with Indian startups. The company is currently mentoring three startups through startup incubator T-Hub and about seven startups through Indian School of Business (ISB) in India. Read on to know more:
The money laundering case stems from FIRs of the Maharashtra Police and Delhi Police against a company named Variable Tech Pte Ltd, Late Amit Bhardwaj, Ajay Bhardwaj, Vivek Bhardwaj, Simpy Bhardwaj, Mahender Bhardwaj and number of agents, where it was alleged that they had collected huge amounts of funds in the form of Bitcoins.
Technical expertise is increasingly becoming a requirement at all levels of leadership. CEOs need to understand the technology behind their product intimately. In legacy financial institutions, technical leadership translates more to strategic vision. CEOs need to understand how technology can transform their business, but they may not need to code a single line.
NPCI encourages new UPI apps to invest for user growth. Several people said new UPI apps have been seeking clarity on what the regulator is thinking about the December deadline on market share and if it will be extended again. Smaller players are of the view that they won’t invest significant capital on UPI to …
NPCI pushing new UPI players to offer incentives to expand market share Read More »
NPCI discusses empowering new UPI players. Newcomers seek incentives, brand visibility, and NPCI support. No clear solutions for UPI concentration risk yet. The meeting addressed the issue of brand recognition. Smaller players reportedly requested more promotional support from NPCI to enhance their visibility. Additionally, NPCI urged these platforms to consider offering cashback programs to attract …
Why NPCI did not invite Google, PhonePe and Paytm for its meeting on UPI Read More »
In a blog published on its website Paytm has issued a clarfification on reports that speculated on the deferral of Paytm Payment Services Limited’s (PPSL) license application and potential penalties.
