Global payments company, Visa, recently joined hands with four global finance firms to help fintechs in over a dozen Asia Pacific markets launch digital payment solutions. These new partners are Episode Six, Euronet Worldwide, Global Processing Services and M2P Solutions.Episode Six provides a global, next-generation fintech platform for creating payments products for businesses and consumers, while Euronet Worldwide offers a Digital Integrated Payments Cloud (DIPC), based on full-stack open APIs and microservices. Global Processing Services enables global solutions over 100 APIs and the Apex platform and M2P Solutions has a suite of Visa products across credit, debit or prepaid over a bundle of Rest APIs.These four partners have joined Visa’s FinTech Fast Track program, which will allows entrepreneurs to onboard the company’s network with greater ease.Close They have received certification for issuing a Visa credential into a mobile wallet, giving users the ability to use … [Read more...] about How Visa is driving innovation in payment sector
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Khyati DharamsiZareena Mistry, a 34-year-old Mumbai-based lawyer and her group of six friends were on their way to their hotel in Paris for a two-day halt before returning to India. That’s when Zareena realised that she had forgotten her bag at the airport.Back at the airport, the missing bag had caused the authorities to panic. Paris was on red-alert at that time; the security personnel assumed that it was a threat. They just blew apart the bag. They didn’t even open it.Close Her woes didn’t end there. related news Insurers can invest in debt ETFs subject to some conditions, says IRDAI Climate change impact: Rising sea levels may impact property prices in coastal areas Life insurers April-November new premiums jump 37.2%; LIC holds the reins She had to spend around 300 Euros (Rs 24,000) the next day in Paris shopping for a new suitcase and clothes. Items and clothes worth Rs 20,000 were in the suitcase that was blown apart. Her total loss: around Rs … [Read more...] about Your travel insurance may not cover many losses while on tour
Prime Minister Narendra Modi, on December 12, said that the people of Assam have nothing to worry about the passing of the Citizenship (Amendment) Bill, 2019. The prime minister’s statement comes amid massive protests in parts of Assam and the Northeast region against the contentious Bill.The Bill was passed by the Rajya Sabha on December 11. It was passed by the Lok Sabha on December 9.In a tweet, PM Modi said, “I want to assure my brothers and sisters of Assam that they have nothing to worry after the passing of #CAB. I want to assure them- no one can take away your rights, unique identity and beautiful culture. It will continue to flourish and grow.”Close “The Central Government and I are totally committed to constitutionally safeguard the political, linguistic, cultural and land rights of the Assamese people as per the spirit of Clause 6,” PM Modi said in another tweet. related news Passage of Citizenship Bill a victory for nation: Goa CM … [Read more...] about ‘No one can take away your rights’, PM Modi assures people of Assam on Citizenship (Amendment) Bill
In light of protests against the Citizenship Amendment Bill intensifying in the Northeast, Meghalaya Chief Minister Conrad Sangma announced on January 29 that 10 political parties, including allies of the BJP, have unanimously opposed the bill.Meanwhile, a conglomerate of 64 civil society organisations has called for a statewide 24-hour strike in Manipur on January 30.The contentious bill has the capability of ruining the prospects of the saffron party in the Northeast given the vehement opposition by regional parties, even the BJP’s allies.Close The bill seeks to amend the Citizenship Act, 1955 so as to make illegal immigrants who are Hindus, Sikhs, Buddhists, Jains, Parsis and Christians from Afghanistan, Bangladesh and Pakistan, eligible for Indian citizenship. related news In pics | Massive protests against Citizenship (Amendment) Bill in Northeast, other regions Anti-Citizenship (Amendment) Bill protests: People defy curfew, police open fire in Assam Jharkhand … [Read more...] about Why is BJP firm on Citizenship Amendment Bill despite violent protests and risk of losing Northeast?
ACI Worldwide, provider of real-time electronic payment and banking solutions, has released ACI Speedpay. The enhanced features boost the bill payment experience for auto finance, consumer finance, government, insurance, mortgage and utilities industries through added digital payment options, as well as improved security, convenience and customer engagement.“This latest release focuses on billing and payments convenience, security and customer communications,” said Sanjay Gupta, executive vice president, ACI Worldwide. “In addition to ACI Speedpay’s agent-IVR conference feature, we’ve improved security with our tokenized payment entry form – safety features that consumers and businesses need. With our Dynamic eBilling, multi-recipient and optional cash payment features, we are providing consumers with more choice in how they receive billing notifications and how they can pay their bills. These and many other new and enhanced features will drive … [Read more...] about ACI Speedpay to enrich Digital Bill Payment experience for customers