Whatsapp extends confusing update deadline

In a letter to fintechs on June 20 RBI said that loading of credit lines into prepaid payment instruments (PPIs) such as wallets and prepaid cards is not permitted. "I think the RBI is in a civil war. One faction talks about innovation and inclusion. Another faction works hard to undermine this. This circular makes no sense to me at all." "They seem to have decided to close fintech companies in India. One blow coming after the other." These were just some of the messages being exchanged between founders of fintechs in India on WhatsApp groups on the evening of June 20th, minutes after a letter by the Reserve Bank of India (RBI) threatened to endanger their very existence. In a missive that went out to many startups in the evening, the RBI said that loading credit lines into prepaid payment instruments (PPIs) such as wallets and prepaid cards is not permitted. What seemed like a routine Monday swiftly turned into an existential crisis for many Indian fintechs. RBI … [Read more...] about RBI nukes multiple Indian fintechs through guidelines on prepaid instruments

Share to Twitter Share to Linkedin 6/2/22—The article was updated with information about when President Joe Biden became aware of the severity of the baby formula shortage. There are several basic best practices businesses, organizations and governments should follow to manage crisis situations strategically, effectively and efficiently. The Biden White House has a mixed track record when its responses are measured against several of those standards. The administration’s mistakes and successes provide important lessons for business leaders when they have to respond to a crisis at their company. Be Informed Officials should be promptly informed about new problems and issues and the impact they may have. On June 1, President Joe Biden said “he was not personally aware of the severity of the infant formula shortage until early April, months into the shutdown of a manufacturing plant operated by Abbott Nutrition and subsequent recall of its … [Read more...] about The Biden Administration’s Mixed Track Record Managing Ongoing Baby Formula Crisis

On May 2, just hours before Politico published a leaked Supreme Court draft opinion to overturn Roe v. Wade , the anti-abortion group Focus on the Family released a series of alarmist ads on Facebook and Instagram. They contain assorted motifs from a now-familiar playbook of anti-abortion canon: In one, the words “I’M ALIVE” accompany a bright-eyed infant’s photographed image; in another, an exhortation to “help a vulnerable mom choose LIFE!” is stamped over a baby’s feet. But all are accompanied by the same fear-mongering caption (“Scared. Overwhelmed. Hopeless. These emotions and more pulsate through an abortion-minded woman.”) and plea for money (“Just $60 saves a life!”). advertisement advertisement The ads would appear to violate Facebook and Instagram parent company Meta’s policy against misinformation in advertisements: Research debunks a link between abortion and negative mental health outcomes either … [Read more...] about Ahead of the Supreme Court’s Roe decision, social media is rife with anti-abortion misinformation

Creative director of Gucci Alessandro Michele has teamed up with singer-songwriter Harry Styles for a between-season collection that infuses tailoring with adolescent freedom. The collection is titled HaHaHa , tapping a sense of joy and also as an expression of the initial combining their first names: Harry and Alessandro. "In truth it was easier for him to play with me to create clothes, than for me to sing with him,’’ Michele joked with reporters at a preview for the collection inside a Milan vintage store. Styles was just embarking on his solo career when Michele exploded into the fashion world proposing what was a new era of gender-fluid dressing, looks that immediately appealed to the artiste. Read more: What's the future of men's fashion weeks? Is the menswear calendar dwindling? Michele said Styles incorporated one of his debut pieces as Gucci creative director into his wardrobe upon breaking out from boyband One Direction. The relationship has grown over the … [Read more...] about ‘Ha Ha Ha’: But Harry Styles’ new fashion collection is no laughing matter

Credit is important in many facets of most of our lives. Having good credit increases the likelihood of qualifying to borrow money and receiving low interest rates , in addition to influencing decisions made by insurance companies, landlords, utilities, and employers. There's no better way to monitor the state of your credit than by regularly reviewing your credit report , and fortunately, federal law guarantees you the right to free annual credit reports. Although the process itself is fairly straightforward, being unfamiliar with the official methods of requesting your credit report and/or how often you can receive a report from the same company may make the exercise seem more daunting than it actually is. If you follow these steps, you shouldn't have any problems. Key Takeaways There are three ways to request your credit report: phone, mail, or online. Make sure you have all of the necessary personal information, including your Social Security number, on hand … [Read more...] about How To Get and Use an Annual Credit Report