Platform Financial News

The initiative aims to explore the potentials of deposit tokenisation in enabling always-on, real-time treasury fund movement between accounts held by a corporate within the HSBC network.Conducted under the Hong Kong Monetary Authority's Fintech Supervisory Sandbox arrangement, the test encompassed the issuance, transfer, and redemption of deposit tokens. During the test, HSBC was connected to the blockchain platform developed by Ant Group.

privacy is a rising concern, WhatsApp, the Meta-owned messaging platform, is set to roll out a new feature called 'Alternate Profile.' Currently under development and not yet available to beta testers, this new feature aims to provide an additional layer of privacy for users, allowing them to mask their original profiles. The Alternate Profile feature enables users to configure a different photo and name that will be visible to contacts who cannot see their primary profile information. This means that individuals outside the user's contact list will have access to the alternate profile picture and name.

Mizoram has seen a two-party rule, with the Congress and the Mizo National Front (MNF) repeating governments, each ruling for two consecutive terms. But this time the poll math has become complex with the MNF falling out with its ally the Bharatiya Janata Party (BJP), a resurgent Congress under a new leader, and the rise of a new party that promises change and might emerge as the dark horse. The MNF, which is allied with the BJP's Northeast Democratic Alliance, won the elections in 2018 elections, bagging 27 seats while the Congress was able to win five and the BJP and the TMC bagged one each.

The report cited tighter labour markets and rising inflation as some of the major concerns influencing salary increase budget changes in companies for next year. However, compared to 2022, more than half of companies have increased their salary budgets this year, while a quarter have raised their budgets above the projections they made in December 2022, the survey showed. Technology, media and gaming, financial services and retail sectors are expected to see the highest salary increase of 10% in 2024. Companies in the banking, financial services and insurance (BFSI) sector (10% vs 9.8%), retail (10% vs 9.9%) and captives (9.9% vs 9.8%) have projected marginally higher increases for 2024 as compared to the actual salary increase in 2023 due to the continued demand for talent. “Companies across industries are still closely monitoring their cost structures,” said Rajul Mathur, consulting leader, work and rewards, WTW India. The Salary Budget Planning Report was conducted in April and May 2023 with around 32,512 sets of responses from companies across 150 countries. The survey had 708 participants from India.

How Europe’s new digital law will change the internet It's worth noting that Norway's data protection authority had advocated for this Europe-wide ban after previously implementing restrictions on Meta's behavioral advertising in July, as per the report. These restrictions centered on tracking user activity on social media platforms in great detail and creating user profiles based on their interests, location, and content preferences. Furthermore, in August, the Norwegian agency imposed a daily fine of 1 million kroner ($90,000) on Meta for failing to comply with the ban.

covid-19, anti-maskers in the era of Spanish flu waged a disinformation campaign. They sent fake messages from the surgeon-general via telegram (the wires, not the smartphone app). Because people are not angels, elections have never been free from falsehoods and mistaken beliefs.

GeM order volume: The public procurement platform of the government, Government e-marketplace, has crossed 30 lakh order volume in the current financial year. According to the data available on the marketplace at the time of filing this report, GeM had processed 30.38 lakh orders worth Rs 1.91 lakh crore in the current financial year so far. The share of micro and small enterprise sellers in the order value stood at 48.92 per cent.

Mukesh Bansal, sharing his two cents on the ongoing 70-hour week debate for corporate India, has said that companies demanding long hours also need to create proportional upside. The CureFit founder categorically stated that it is not fair for companies to «demand 70 hours of work at 40 hours salary.» Bansal took to LinkedIn on Tuesday to share his views on the ongoing debate fuelled by Narayana Murthy's suggestion that the millennial workforce in India needs to go the extra mile in order to help nation-building.

List of Top 8 Crypto Exchanges Apps in India 1. Flitpay Launched in 2017, Flitpay has made a rock-solid and established reputation among Indian crypto traders. Its ensemble of top features, a vast collection of cryptocurrencies, smooth services, and a straightforward interface is second to none. This exchange secured the top spot on our list by running unaffected during the entire crypto winter.Key Features: No. of Cryptocurrencies: 100+ Minimum Deposit Amount: INR 100 INR Withdrawal Fee: INR 10 Platform Fee: 0.2% (on Market orders), 0 Fees (on OTC) Withdrawal Status: Both INR & Crypto withdrawals available Strengths: QBS, Earn feature & Crypto Gift cards DCX is one of the most well-known Cryptocurrency exchanges in India.

Macquarie is conducting “unexpected serial layoffs” at its banking and financial services arm, creating unease about the breadth of the job cuts.

Montreal were arrested in New York City Monday for allegedly conspiring to illegally ship $13.9 million worth of restricted technology to the Russian military.Some of the components that the Montrealers obtained through front companies later ended up in advanced Russian weapons systems and spying equipment found on battlefields in Ukraine, according to Breon Peace, the United States Attorney for the Eastern District of New York.Peace unsealed a criminal complaint that identified the two Montrealers who were charged in the case as Nikolay Goltsev, 37, and Kristina Puzyreva, 32.A third Russian man, Salimdzhon Nasriddinov from New York, was also charged.“These defendants are alleged to have illegally exported millions of dollars in electronics to support the Kremlin in its ongoing attacks of Ukraine,” said Ivan J. Arvelo, Special Agent in Charge of Homeland Security Investigations in New York.The charges follow a major probe by the Department of Homeland Security, the Federal Bureau of Investigation, U.S.

NuggetRush (NUGX) has taken center stage among the meme coins and is set to surpass big players like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI). These cryptocurrencies experienced a legendary rise on the decentralized cryptocurrency list, with DOGE, SHIB, and FLOKI drawing attention in the crypto space.

Pakistan-Bangladesh World Cup cricket match held at the Eden Gardens on Tuesday. "After preliminary questioning, all the four have left Maidan PS. They are residents of Bally, Ekbalpore and Karaya PS areas," a senior police officer said.

mutual funds over the past one year, and many more are expected to join in the coming months. They have an option to buy and hold units in the same demat account where their stocks are held, or they can buy units from the fund house without the need for a demat account.

Elon Musk’s takeover of Twitter (now known as X) has taken an intriguing twist. The serial entrepreneur plans to add a suite of banking products to the social network next year, as he attempts to build a US “super app” with financial services as its core.

World Cup before the deadline closed, soccer's global governing body said on Tuesday. FIFA had invited bids from Asia and Oceania for the tournament by October 31, and Saudi Arabia announced it would bid only minutes after the announcement on October 4.

new restaurants, pubs, bars and cloud kitchens will be opening their doors this quarter across metropolitan cities as well as tier II-III towns for the New Year. Restaurateurs told ET they are looking to capitalise on the highest demand they are seeing since the pandemic. MMG Group, master franchisee for burgers-and-fries chain McDonald's in the north and east, plans almost as many new QSRs in the current quarter alone as in all of the previous year. «We will be opening 18 outlets in this quarter across New Delhi, Kolkata, Punjab, Haryana, Himachal Pradesh, Uttar Pradesh and the Delhi-Mumbai Expressway (area),» said Sanjeev Agarwal, chairman of MMG Group and McDonald's India North and East.

social media conglomerate Meta on Monday said it would start offering the users of its platforms in the European Union, European Economic Area and Switzerland a 'subscription option' to keep Facebook and Instagram «ad-free». The subscription option ranges from 9.99 Euros per month for the web version to 12.99 Euros per month for the app versions. Meta said it is introducing subscription options for users to comply with the new regulations in the European Union. The company will continue offering ad-supported versions for users in these regions and use the browsing data or user data to serve them personalised items.

Max Payne games have earned a dedicated following, and now, Remedy Entertainment is taking the reins to remake the first two titles in the series. Here is the current state of affairs:

The Kill Team,' to its library. This movie, directed by Dan Kraus, portrays the true story of the Maywand District murders during the war in Afghanistan in 2010. In it, a group of Army soldiers faced murder charges for the killing of at least three Afghan civilians. The film now stands at number 5 in Netflix's Top 10, surpassing Bill Burr's comedy 'Old Dads' in sixth place.

Investing.com — Crude prices fell hard for a second day in a row and looked poised to end October with double-digit losses as oil bulls who rushed to hedge against the Israel-Hamas war discovered to their disappointment that the rest of the market wasn’t prepared to assign a war risk premium to a trade simply unaffected by the conflict.