Page 2 - Application Programme Interfaces News Today

The Securities and Exchange Board of India (Sebi) has issued a discussion paper on regulating algorithmic trading, or trades generated out of automatic execution and logic. Mint examines why the paper has spooked fintech players and brokerages.

Tech-savvy game vaccine queues using CoWIN APIs 3 hours ago The government may have officially opened up the COVID19 vaccination program to people in the 18-45 age group, but that doesn’t mean everyone can get a vaccine. Very few appointment slots have been opened for this age group; states such as Telangana are yet to even officially begin vaccinations for this group. This scarcity has led multiple developers to macgyver piecemeal solutions in the form of apps, websites and scripts to hel...

Government selectively opens up Co-WIN APIs to third parties without data policy 5 hours ago On April 17, the Government denied permission for software access to the Co-WIN dashboard to Step One, a non-profit organisation (NPO) working on enabling vaccination registration and appointment through WhatsApp. However, on Wednesday it reversed its position and opened selective parts of the Application Programme Interfaces (APIs) for Co-WIN to third parties for appointment vacancies search and vaccin...

Will 2021 be the breakout year for neo-banks? 6 hours ago Last week, the Reserve Bank of India (RBI) liberalised a few restrictions imposed on pre-paid instruments (PPI) and payment bank players, signalling that the central bank views these companies with greater respect when it comes to handling people’s money. With the widespread usage of digital wallets and the numerous services offered by fintech payment players within an app, the RBI has decided to give these new banking models more room...

3 hours ago “There is a market distortion” in the digital payments industry today between incentives for earning revenues and growth, according to Sameer Nigam, chief executive officer, PhonePe. While the National Payments Corporation of India (NPCI) recently issued guidelines for its market share caps on the Unified Payments Interface, Nigam believes that without a merchant-discount-rate future investments in the sector could be threatened. Nigam was speaking during discussion organised by...

February 4, 2021 The Ministry of Electronics and Information Technology (MEITY) has recommended the government create a National Level Blockchain Framework (NLBF) to encourage the adoption of blockchain technology across a variety of public use-cases. The ministry’s draft National Strategy on Blockchain proposes that various public projects can be brought on to a blockchain platform for digital identities, land records and official documents and healthcare, among other areas. The report recom...

Google has closed its deal to acquire fitness wearables company Fitbit, even as probes by competition regulators in the United States and Australia are yet to conclude. The Alphabet-owned company has stressed that “the deal has always been about devices, not data”. The announcement comes nearly a month after the European Union (EU) approved the deal, subjecting Google to certain restrictions such as keeping Fitbit data siloed from Google’s ad business. We worked with global regulators on...

WhatsApp unveils four-pillar strategy for India The strategy involves growing small business ecosystems; provisioning easy access to businesses; growing the volume of digital payments; and investments to drive social impact, along with other partners BusinessToday.In | December 16, 2020 | Updated 17:40 IST WhatsApp has come out with a four-pillar strategy for India. Abhijit Bose, Head (India), WhatsApp, came out with India-centric four-pillar strategy during Facebook Fuel for India event today...

WhatsApp unveils four-pillar strategy for India © India Today Group WhatsApp unveils four-pillar strategy for India WhatsApp has come out with a four-pillar strategy for India. Abhijit Bose, Head (India), WhatsApp, came out with India-centric four-pillar strategy during Facebook Fuel for India event today. The strategy involves growing small business ecosystems; provisioning easy access to businesses; growing the volume of digital payments; and investments to drive social impact, along with...