Digital Financial News
07.09 / 18:23
UPS
Digital
Platform
Action
Interface
Govt seeks public comments on dark patterns
NEW DELHI : The government has sought comments from the public on its draft guidelines for the prevention and regulation of dark patterns, which are digital design interfaces used to manipulate customer behaviour, the ministry of consumer affairs said on Thursday. These draft guidelines have been framed after detailed deliberations with all stakeholders including e-commerce platforms, law firms, government and voluntary consumer organisations (VCOs).
07.09 / 17:39
07.09 / 17:29
Blockchain
Provident
Digital
show
social
9 crypto leaders share advice for proof-of-humanity solution builders
Trust is in shorter supply in the digital world these days. As artificial intelligence evolves and produces more “humanlike” and realistic results, users of digital services are increasingly concerned with knowing who and/or what, precisely, they’re interacting with. With a commitment to decentralization and broad access, the crypto industry in particular needs proof-of-humanity solutions to avoid issues like fake accounts and automated bots — and, of course, to comply with Know Your Customer and Anti-Money Laundering regulations.
07.09 / 17:27
07.09 / 17:25
Digital
SBI launches ‘Nation First Transit Card’ for digital fare payments
home loan portfolio of the bank has crossed ₹6.53 lakh crore. As of June 2023, the bank has a deposit base of over ₹45.31 lakh crore with CASA ratio of 42.88 per cent and advances of more than ₹33 lakh crore.
07.09 / 17:25
COST
UPS
Digital
Walmart
Walmart Cuts Starting Pay for Some New Hires
Walmart is paying some new store workers less than it would have three months ago, a sign that employers are seeking to cut labor costs as the once-hot market for hourly staff cools. The country’s largest private employer changed its wage structure for hourly workers in mid-July, according to documents reviewed by The Wall Street Journal and store workers. Under the new structure most new hires will make the lowest possible hourly wage for that store.
07.09 / 17:25
COST
UPS
Digital
Progressive
Airlines
track
Why Do Companies’ IT Projects Fail So Often?
Remember that IT project that your company launched and turned out to be a bust? The answer, of course, is yes: There are likely few organizations that haven’t been touched by some IT project mishap, or worse, disaster. How can that be? Why, despite decades of implementing IT systems, are organizations still struggling with their tech projects? My colleague, R.M. Bastien, and I have studied hundreds of such projects, and found that the root causes of failing or underachieving tech investments were rarely where executives would ever have thought to look.
07.09 / 17:25
UPS
Provident
Target
Digital
Manufacturing
Real growth vs. fake arguments: And never the twain shall meet
RBI) had anticipated 8% growth in the first quarter. High-frequency indicators such as GST collections, e-way bills, PMIs for manufacturing and services, among others, have confirmed the economy’s strong growth trajectory. The Monthly Economic Review of the Department of Economic Affairs has been recording its momentum carried forth from the final quarter of 2022-23.
07.09 / 17:25
Twitter
BLOCK
Digital
CEO
Platform
Action
elon
How Elon Musk’s Impulses Transformed Twitter
Kanye West reached out to his friend Elon Musk early this year for a favor: Let me back on Twitter. The social-media platform had suspended West in December for violating its rule against hate speech after he posted an image of a swastika merged with a Star of David. The musician and designer, who goes by the name Ye, has been considering a 2024 presidential run, according to people familiar with his plans, and his campaign advisers wanted him back on.
07.09 / 17:13
07.09 / 16:57
Provident
Digital
Progressive
Landmark
Platform
country
voice
India's G20 presidency saw many 'new initiatives & achievements'
G20 presidency of India has led to many new initiatives and achievements, official sources said on Thursday as the country gets ready to host the summit meeting of leaders of the world's leading economies over the weekend.
07.09 / 16:57
07.09 / 16:57
UPS
Digital
Platform
voice
fun
Clubhouse rebrands itself as an audio messaging app as it looks to make a comeback
Clubhouse, which lost its appeal among users after a meteoric rise during Covid-19, is looking to make a comeback, trying to be «more of a messaging app». The platform is undergoing a major pivot with new voice-only group messages called «Chats». “It’s like a Clubhouse room, but it takes place asynchronously, so you can drop by and chime in on your own time,” the platform said in a blog post. “With Chats, you can push to talk, listen at 2x, tap to skip, swipe to the next Chat, and slide into your friends’ VMs (unless that sounds weird) to chat privately. They’re designed to be fast, fun and personal,” it added.
07.09 / 16:57
Target
FIVE
Digital
Manufacturing
Enterprise
Actor
country
Indian
Hackers coming for Indian firms as fintech rises
Anil Valluri, managing director of India & SAARC, Palo Alto Networks, India, said the world’s most populous nation saw a 75% increase in cybersecurity budget allocation for 2023 compared with the previous year, marking it one of the highest increases in the APAC region.
07.09 / 16:57
Digital
Microsoft
Software
Enterprise
Copyright
Customers
Microsoft to defend customers on AI copyright challenges
Microsoft will pay legal damages on behalf of customers using its artificial intelligence (AI) products if they are sued for copyright infringement for the output generated by such systems, the company said on Thursday. Microsoft will assume responsibility for the potential legal risks arising out of any claims raised by third parties so long as the company's customers use «the guardrails and content filters» built into its products, the company said. It offers functionality meant to reduce the likelihood that the AI returns infringing content.
07.09 / 16:33
UPS
Lowe's
Digital
country
social
play
Will play critical role on issues like climate change, debt and digital transition: IMF MD Georgieva and World Bank Prez Banga
World Bank and the International Monetary Fund will play a critical role in helping countries confront economic, geopolitical and climate change challenges, said the heads of both institutions in a release issued on Thursday. “The Bretton Woods institutions have a critical role to play to help member countries address the challenges and leverage the opportunities, working closely together and with partners,” said Kristalina Georgieva, Managing Director of the International Monetary Fund, and Ajay Banga, President of the World Bank in a joint statement. The institutions stated that the world economy has slowed, with the medium-term outlook at the lowest in three decades.
07.09 / 16:33
07.09 / 16:33
Blockchain
Digital
Cooper
Platform
Action
Terra Usd
show
cover
Global regulators seek to crack down on decentralised finance
decentralised finance" (DeFi)accountable for their actions and safeguard market stability. DeFi platforms allow users to lend, borrow and save in digital assets, using the blockchain technology that underpins cryptoassets to bypass the traditional gatekeepers of finance such as banks and exchanges.
07.09 / 15:57
UPS
Reuters
Digital
NASDAQ
JPMorgan
2024
German advertising group Stroeer considers options for 2024 sale of data business Statista
Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the data gathering business at up to 1.5 billion euros ($1.6 billion), four sources familiar with the matter said. Private equity firms are looking at Statista ahead of a formal sale process, which is likely to kick off later next year, the sources told Reuters.
07.09 / 15:57
07.09 / 15:49
Digital
Karnataka Cabinet defers Ordinance to tax online money games at 28% GST
Cabinet on Thursday deferred the Ordinance to amend the state’s GST law to tax online gaming, casinos and racecourses at 28% rate. The Cabinet referred the draft to the law, and parliamentary affairs departments for procedural vetting and placing at the next meeting
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