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2 Paytm Payments Bank Employees Release Rs 30 Lakh From Frozen Accounts, Arrested
The probe began after Paytm Payments Bank filed a complaint, alleging that some of its employees were "misusing" their position and unfreezing the accounts frozen by the investigating agencies.
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Nintendo, The Pokémon Company Seeking Injunction on Palworld, JPY 5 Million Each in Damages from Pocketpair
Palworld developer Pocketpair has shared details from the patent infringement lawsuit brought against it by Nintendo and The Pokémon Company in September, shedding light on the plaintiffs’ demands. The two companies are seeking an injunction on Palworld, a survival game with monsters that bear alleged similarities to the creatures from the Poké...
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SSC GD Constable Recruitment 2024: Applications Invited For Over 39,000 Positions
SSC GD Constable Recruitment 2024: The registration process started on September 5 and will close on October 14. The deadline for fee payment is October 15.
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Watch: Auto Driver Calls UPI ''Life-Changing Facility'', Says It Helps Him Plan Expenses Ahead
In the video, the auto driver, speaking in Marathi, spoke of the numerous benefits of UPI and how it has positively impacted his life.
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Government Plans Action Against Google Over Abuse of Market Position
India's government plans to take action against Alphabet's Google after an antitrust watchdog last year found the group to have abused its market position by indulging in anti-competitive practices, a top IT minister told Reuters. India's antitrust body in October fined Google $275 million (nearly Rs. 2,280 crore) in two cases, which involved abusi...
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Jack Dorsey's Block Shakes Off Short Seller Hindenburg's Report to Post a Rise in Quarterly Revenue
Block posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will watch closely following US short-seller Hindenburg Research's disclosure in March of short positions in the firm.
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No Charge on Normal UPI Payments, 1.1 Percent Fee to Be Levied on PPI Merchant Transactions: NPCI
National Payments Corporation of India (NPCI) on Wednesday said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments. However, interchange charges are only applicable for the prepaid payment instruments (PPI) merchant transactions and there is no charge to customers, NPCI clarified in a statement.
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Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
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Visa CEO Al Kelly Bets Big on Blockchain-Based Stablecoins, CBDCs Days Before Stepping Down
Visa CEO Al Kelly has revealed that the payments giant is looking forward to trace and participate in the growth trajectories of stablecoins and CBDCs. Despite the recent slump in the crypto sector, Kelly said, Visa did not record any snags in its balance sheets.
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Paytm CEO Vijay Shekhar Sharma Declares End of Cash Burn Ahead of Firm's Plans to Turn Cash Flow Positive
Paytm on Wednesday announced that the company would turn off its cash burn, while the company's founder revealed that the payments firm was "far ahead" on re-setting its strategy. Softbank-backed Paytm said last month that it plans to become free cash flow positive in the next 12-18 months.
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JP Morgan Looking to Hire Crypto, Metaverse Specialist Amid Web3 Boom
Wall Street bank JP Morgan is scouting for a ‘Vice President for Payments Business Development’ to lead its technology team. The focus area for the appointee to this role will have a lot to do with exploring crypto, metaverse, and Web3 sectors.
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Former BharatPe Chief Ashneer Grover Demands Action Against Current CEO, Wants Chairman's Resignation
Former BharatPe Chief Ashneer Grover has demanded action against current CEO Suhail Sameer following his recent remarks on social media. He also asked the BharatPe board to remove current Chairman Rajnish Kumar.
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El Salvador Saw Significant Rise in Tourism, GDP Since Bitcoin Legalisation, Says Government
El Salvador’s decision to make Bitcoin an official payment method inside the nation’s borders back in September 2021 has positively affected the local tourism industry with the sector reportedly seeing a 30 percent rise since the move.
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Apple Faces EUR 5-Million Fine From Dutch Consumer Watchdog in App Store Dispute
The Dutch antitrust watchdog fined Apple EUR 5 million (roughly Rs. 4.2 crore), the fifth such penalty in successive weeks in a row over access to non-Apple payment methods for subscriptions to dating apps.
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Twitter CEO Jack Dorsey Steps Down, CTO Parag Agrawal Chosen as Successor
Twitter CEO Jack Dorsey has stepped down from the executive position and CTO Parag Agrawal has been picked as his successor. Dorsey is also the CEO of payments processing company Square.
-
2 Paytm Payments Bank Employees Release Rs 30 Lakh From Frozen Accounts, Arrested
The probe began after Paytm Payments Bank filed a complaint, alleging that some of its employees were "misusing" their position and unfreezing the accounts frozen by the investigating agencies.
-
Nintendo, The Pokémon Company Seeking Injunction on Palworld, JPY 5 Million Each in Damages from Pocketpair
Palworld developer Pocketpair has shared details from the patent infringement lawsuit brought against it by Nintendo and The Pokémon Company in September, shedding light on the plaintiffs’ demands. The two companies are seeking an injunction on Palworld, a survival game with monsters that bear alleged similarities to the creatures from the Poké...
-
SSC GD Constable Recruitment 2024: Applications Invited For Over 39,000 Positions
SSC GD Constable Recruitment 2024: The registration process started on September 5 and will close on October 14. The deadline for fee payment is October 15.
-
Watch: Auto Driver Calls UPI ''Life-Changing Facility'', Says It Helps Him Plan Expenses Ahead
In the video, the auto driver, speaking in Marathi, spoke of the numerous benefits of UPI and how it has positively impacted his life.
-
Government Plans Action Against Google Over Abuse of Market Position
India's government plans to take action against Alphabet's Google after an antitrust watchdog last year found the group to have abused its market position by indulging in anti-competitive practices, a top IT minister told Reuters. India's antitrust body in October fined Google $275 million (nearly Rs. 2,280 crore) in two cases, which involved abusi...
-
Jack Dorsey's Block Shakes Off Short Seller Hindenburg's Report to Post a Rise in Quarterly Revenue
Block posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will watch closely following US short-seller Hindenburg Research's disclosure in March of short positions in the firm.
-
No Charge on Normal UPI Payments, 1.1 Percent Fee to Be Levied on PPI Merchant Transactions: NPCI
National Payments Corporation of India (NPCI) on Wednesday said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments. However, interchange charges are only applicable for the prepaid payment instruments (PPI) merchant transactions and there is no charge to customers, NPCI clarified in a statement.
-
Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
-
Visa CEO Al Kelly Bets Big on Blockchain-Based Stablecoins, CBDCs Days Before Stepping Down
Visa CEO Al Kelly has revealed that the payments giant is looking forward to trace and participate in the growth trajectories of stablecoins and CBDCs. Despite the recent slump in the crypto sector, Kelly said, Visa did not record any snags in its balance sheets.
-
Paytm CEO Vijay Shekhar Sharma Declares End of Cash Burn Ahead of Firm's Plans to Turn Cash Flow Positive
Paytm on Wednesday announced that the company would turn off its cash burn, while the company's founder revealed that the payments firm was "far ahead" on re-setting its strategy. Softbank-backed Paytm said last month that it plans to become free cash flow positive in the next 12-18 months.
-
JP Morgan Looking to Hire Crypto, Metaverse Specialist Amid Web3 Boom
Wall Street bank JP Morgan is scouting for a ‘Vice President for Payments Business Development’ to lead its technology team. The focus area for the appointee to this role will have a lot to do with exploring crypto, metaverse, and Web3 sectors.
-
Former BharatPe Chief Ashneer Grover Demands Action Against Current CEO, Wants Chairman's Resignation
Former BharatPe Chief Ashneer Grover has demanded action against current CEO Suhail Sameer following his recent remarks on social media. He also asked the BharatPe board to remove current Chairman Rajnish Kumar.
-
El Salvador Saw Significant Rise in Tourism, GDP Since Bitcoin Legalisation, Says Government
El Salvador’s decision to make Bitcoin an official payment method inside the nation’s borders back in September 2021 has positively affected the local tourism industry with the sector reportedly seeing a 30 percent rise since the move.
-
Apple Faces EUR 5-Million Fine From Dutch Consumer Watchdog in App Store Dispute
The Dutch antitrust watchdog fined Apple EUR 5 million (roughly Rs. 4.2 crore), the fifth such penalty in successive weeks in a row over access to non-Apple payment methods for subscriptions to dating apps.
-
Twitter CEO Jack Dorsey Steps Down, CTO Parag Agrawal Chosen as Successor
Twitter CEO Jack Dorsey has stepped down from the executive position and CTO Parag Agrawal has been picked as his successor. Dorsey is also the CEO of payments processing company Square.
