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Industry insiders pointed out that digital customer onboarding is already bearing fruit in the banking ecosystem with thousands of accounts getting opened via video every day. Many banks like Kotak Mahindra Bank, IndusInd Bank, RBL Bank and others have already gone live with video KYC for digital banking services. … [Read more...] about EXCLUSIVE: IRDAI to permit video-based KYC system for insurance companies

These delays mean that the pathogen has already made many copies of itself by the time the adaptive immune system gets to work and gains a foothold that might not have been available in a younger person. Additionally, older people have fewer fresh T cells, important players in the adaptive response that are trained to hunt down cells infected with a specific pathogen. When everything is working correctly, successful T cells make copies of themselves so that at the height of the infection, the body is swarming with them. Afterward, a few remain to prime us against return attacks from the same virus. … [Read more...] about How the aging immune system makes older people vulnerable to COVID-19

In 2016, a lower court in Wisconsin found TCS guilty and slapped $940 million in damages. This was later brought down the sum to $420 million to comply with the legal limit on punitive damages. According to legal websites, in Wisconsin, punitive damages are limited to two times the compensatory damages or $200,000, whichever is the higher. … [Read more...] about Explained | Why does TCS have to pay $140 million to EPIC Systems, what are its options and other questions answered

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine. … [Read more...] about Kolkata Metro | Colour-coded e-pass system to ensure maximum 400 passengers board a metro train

"It is a step in the right direction but there are so many parts to it that some teams playing five, some teams playing two, the difference in countries, there is just heaps of different parts to it that don't quite make the points of equal measure," said the Kiwi skipper. … [Read more...] about India vs New Zealand: Kiwi skipper Williamson says WTC points system unfair, on eve of 1st Test