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Team of researchers working on voice-based solutions in regional languages Researchers at the Indian Institute of Technology (IIT-Madras) are working on voice-based solutions in regional languages to boost digital money transactions. The researchers are collaborating with the Mobile Payment Forum of India (MPFI) to develop such solutions in several regional languages. The forum aims to identify innovation in human behaviour and adoption; technology with regard to design and safeguard; and pol...

May 11, 2021 × The initiative is aimed at bringing 500 million active users on to the UPI payment platforms by 2025. Indian Institute of Technology Madras researchers will collaborate with members of the Mobile Payment Forum of India (MPFI) to develop voice-based solutions, especially in multiple vernacular languages, for digital money transactions. This will provide a platform not only for the increased adoption of digital payments in India but for research opportunities as well, says a rele...

Everyone talks of China overtaking the USA in GDP and 5G. We now live in a globalised and digital world where productivity and technologies decide GDP growth. I have extensively written on both subjects, and find the subjects of immense ...

marcusApril 26, 2021 MR Accuracy Reports recently introduced new title on “ Digital Banking Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2021-2027” from its database utilizing diverse methodologies aims to examine and put forth in-depth and accurate data regarding the global Digital Banking market. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2021-2026). How custo...

Middle EastMIDEAST STOCKS Most major Gulf bourses gain on corporate earnings Reuters 4 minutes read Major stock markets in the Gulf closed higher on Monday, with the Saudi index leading gains after a slew of strong corporate earnings. Saudi Arabias benchmark index (.TASI) rose 0.9%, boosted by a 1.8% gain in Al Rajhi Bank (1120.SE) and a 8.9% surge in Bank Al Jazira (1020.SE), which reported an increase in its quarterly net profit. Elsewhere, Saudi National Bank (SNB) (1180.SE) closed 0.9% hig...

By Reuters Staff 2 Min Read (Reuters) - Major stock markets in the Gulf closed higher on Monday, with the Saudi index leading gains after a slew of strong corporate earnings. FILE PHOTO: A trader looks on near electronic boards showing stock market data at Bahrain Bourse after Joe Biden won the U.S. presidency, in Manama, Bahrain, November 8, 2020. REUTERS/Hamad I Mohammed Saudi Arabia’s benchmark index rose 0.9%, boosted by a 1.8% gain in Al Rajhi Bank and a 8.9% surge in Bank Al Jazira, whi...

Customer privacy, data protection are non-negotiable: RBI deputy Governor M Rajeshwar Rao Open banking refers to sharing and leveraging of customer-permissioned data by banks with third party developers and firms to build applications and services. Share Via Email   |  A+A A- By PTI MUMBAI: Reserve Bank Deputy Governor M Rajeshwar Rao has said that technological innovation in banking is of paramount importance but cannot be pursued at the cost of customer privacy and data protection w...

Share Jammu: Keeping in line with its vision “Development Bank of the Nation”, NABARD augmented support to the various sectors of rural economy during 2020-21, for overall development of Jammu & Kashmir and Ladakh UTs. The sanctions under various interventions were higher by 70% over the last year. NABARD’s stress on boosting the capital formation resulted in disbursement of refinance of Rs 111 crore to Regional Rural Banks. To support the agriculture production activities of farmers, sho...

NABARD’s augmented-support boosts rural economy in J&K, Ladakh UTs in 2020-21 The sanctions under various interventions were higher by 70% over the last year. NABARD’s stress on boosting the capital formation resulted in disbursement of refinance of Rs 111 crore to Regional Rural Banks. To support the agriculture production activities of farmers, short term refinance to the tune of Rs 50 crore was extended during 2020-21. Further, in Atam Nirbhar Package of Government of India under A...

Key questions answered in the report include: What will the market size and the growth rate be in 2027? What are the key factors driving the Global Digital Banking Market? What are the key market trends impacting the growth of the global Digital Banking Market? What are the challenges to market growth? Who are the key vendors in the Global Digital Banking Market? What are the market opportunities and threats faced by the vendors in the global Digital Banking Market? What are the trending factor...