50p weekly reading list #17–31 Jan 2018
Here’s what’s new this week.
DoT conducts workshop for telecom companies on digital payments.
The telecom companies were briefed on increasing the adoption and acceptance of digital payments by the consumers. It was attended by circle CEOs of major telecom companies like Airtel, Vodafone, Reliance and Idea.
Roshan H Nair, DH News Service, Bengaluru, Jan 31 2018, 19:31 IST Government officials and telecom players at the…www.deccanherald.com
tmw acquires Trupay to integrate payments stack
The Mobile Wallet, branded tmw acquired payments company Trupay to integrate its UPI and BharatQR stack. This will allow tmw merchants and customers to use UPI and BharatQR for payments.
New Delhi: The Mobile Wallet Pvt. Ltd, a digital wallet and pre-paid cards company, has acquired Kae Capital-backed…www.livemint.com
PoS terminals double in numbers post demonetisation
According to RBI data, the number of PoS terminals deployed doubled since November 2016. By the end of November 2017, there were about 3 million devices installed in retail locations.
The deployment of point-of-sale (PoS) terminals - electronic devices used to process card payments at retail locations…www.thehindubusinessline.com
PhonePe launches credit card bill payment app
PhonePe has partnered with Visa to enable seamless payment of credit card bills. The app will not support instant payment of bills from multiple bank accounts.
COIMBATORE: PhonePe, a fast growing digital payments app, and Visa, a leader in digital payments, on Monday announced a…timesofindia.indiatimes.com
Paytm Payments bank offering digital incentives to corporate customers
Paytm Payment bank customers can now use their account to redeem food gift cards and wallets issued by corporates at any Paytm merchant.
Paytm Payments Bank is offering digital incentives to corporate entities to achieve the target of expanding its…www.moneycontrol.com
How banks and regulations are applying machine learning
This interesting article takes a look at the applications of machine learning by banks and regulators. A few key applications include credit applications, underwriting and fraud detection.