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Indian bankers may lose large parts of traditional business to Google Pay, Phonepe
#Modi #PSUs #retrotax
Digital Payments a potential threat to Indian Banks
E-commerce has transformed the way business is done in India. The Indian E-commerce market is expected to grow to $111.40 billion by 2025 from $46.2 billion as of 2020. By 2030, it is expected to reach $350 billion. According to NASSCOM, despite COVID-19 challenges/disruptions, India's e-commerce market continues to grow at 5%, with expected sales of $56.6 billion in 2021. After China and the US, India had the third-largest online shopper base of 140 million in 2020. The financial services industry is in the midst of a significant transformation, accelerated by the COVID-19 pandemic. And given the key role digitisation plays in the financial lives of more and more of the world’s population, electronic payments are at the epicentre of this transformation. As per PWC survey, Payments are becoming increasingly cashless, and the industry’s role in fostering inclusion has become a significant priority. Payments also are supporting the development of digital economies and are driving innovation — all while functioning as a stable backbone for our economies. 86% agreed that traditional payments providers will collaborate with fintechs and technology providers as one of their main sources of innovation. Another solid reason for growth is India’s online shopping sector is currently worth $36.5 billion, a value that has consistently expanded at double-digit rates in recent years.
The digital payments sector in India has been growing at an exponential rate, with the penetration of technology in the deep interiors of the country. India's top banker Uday Kotak said lenders based in the country may end up losing large portions of their traditional business to digital wallet platforms such as Google Pay and Walmart-backed Phonepe. Google Pay and Phonepe, which are dominating the country's retail digital payments sector, are either owned or backed by deep-pocketed tecബൈ VARINDIA| 21 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
Have You Defined Your Data Backed Up Strategy? | Daily Life IT News for Public | Important News 2021
Have You Defined Your Data Backed Up Strategy? | Daily Life IT News for Public | Important News 2021
Human beings are the weakest link in the cybersecurity ecosystem. It also becomes essential for enterprises to regularly train their non-IT staff and create an awareness amongst them in order to protect their consumer's data from being exposed in a data breach incident due to threats like phishing, malware and brute force attacks. Regular system updates and proactive disclosure of such incidents also help businesses in creating a stronger strategy to fight against data breaches". It is absolutely true that, 100% of what we had backed up we were able to recover. Even after paying the ransom, there is no guarantee that you’ll recover from a ransomware attack. A well-planned strategy however will go a long way in achieving that.
Ransomware has made headlines for several years, but it was really thrust into the spotlight again this month with the Colonial Pipeline attack. The Colonial Pipeline reportedly paid a $5 million ransom. At the same time, India has seen numerous instances of organizations becoming a victim of a data breach incident in the recent few years. These data leak incidents took place due to many factors and not just because of the lack of security at the organization's end. It is important for businesses to understand the factors that can cause a data breach in order to be fully prepared to prevent an incident, or mitigate the risks caused by it. Businesses who are a victim of a data breach today not only are responsible to protect their consumer's data, but also prevent it from being misused by the cybercriminals as an aftermath of a data breach.
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Today Breaking News ! आज 10 अगस्त 2019 की 30 बड़ी खबरें
Today Breaking News ! आज 10 अगस्त 2019 के मुख्य समाचार, 30 बड़ी खबरें #EP168
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1. चीन ने जम्मू-कश्मीर मामले में दखल देने से किया इनकार, पाकिस्तान ने मांगी थी मदद
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5. शुरुआत में 'मिशन मंगल' का नाम रखा गया था 'मंगल महिला मंडल': अक्षय कुमार
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ഫീച്ചർ ചെയ്യപ്പെട്ടിട്ടുള്ളത് ചാനൽ
ഫീച്ചർ ചെയ്യപ്പെട്ടിട്ടുള്ളത് വീഡിയോകൾ
प्याज के दामों ने निकाले आंसू, आमजन की पहुंच से बाहर, जानें कैथल मंडी में कितने रुपए किलो बिक रहे ?
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BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly S
It's time we celebrate ourselves and get high on self-love! Introducing you to Bollywood Bubble's brand new show 'BodyFaming'. A show that talks about loving your body, smashing age-old beauty norms and being comfortable in your own skin. Watch host Rashita Sahni get up close and personal with Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Sana Shaikh, Mona Singh, Sobhita Dhulipala & Dolly Singh about dealing with body-shaming, getting over their inner insecurities and self-doubt and standing by the mantra - 'my body my rules'! Episodes drop every Tuesday at 2 PM only on Bollywood Bubble. Watch out.
#bodyfamingtrailer #bhumipednekar #nawazuddinsiddiqui #fatimasanashaikh
Check out the video to know more.
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BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly Sബൈ Bollywood Bubble| 486 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
