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Mastercard takes on UPI with new biometric payment passkey in India

CIO

The new service will initially pilot in India with some of the country’s largest payment players, including payment aggregators such as Juspay, Razorpay, and PayU, along with major online merchants like bigbasket and leading banks such as Axis Bank, Mastercard said in a statement.

Banking 459
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8 Steps to Leveraging Analytics to Create Successful Ecommerce Stores

Smart Data Collective

How Can Your New Ecommerce Startup Take Advantage of Analytics Technology? You can figure out how to take the online market for your goods and services by storm by following our guide to creating an e-commerce store! Many people don’t know the difference in banking services offered by different types of banks.

Commerce 321
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Minor Hotels lays foundations for a purely digital future

CIO

In 2013, the company began a process of technological change that affected all its systems — ERP, e-commerce, and the hotel management platform in all establishments — with the aim to create a strong core ecosystem, with highly efficient processes, to allow it to scale and remain competitive.

Hospitals 397
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5 pitfalls to avoid when partnering with startups

CIO

Their unique focus and approaches to innovation can make startups a highly advantageous partner in delivering business value in ways traditional vendors can’t offer. To hedge against such risks, CIOs should maximize their organization’s brand power to their advantage. Startups often build new products and services using less cost.

Startups 482
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Developments in AI and IMF Positions Can Make Bitcoin Legally Tender

Smart Data Collective

We have discussed some of the benefits of AI technology in mainstream financial sectors like banking. This newfound support likely wouldn’t have arisen without new advantages brought on by AI technology. ” The IMF has also been working closely with central banks around the world to ensure that Bitcoin is properly regulated.

Banking 317
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Dawn of a new day for Africa: building a modern digital economy

CIO

The World Bank has been coordinating a “ Digital Economy Initiative for Africa ” which aims to ensure that every individual, business, and government in Africa is digitally enabled by 2030. Africa has the natural advantage that largely, it is not saddled with expensive legacy IT systems. These efforts are clearly working.

Startups 369
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Digital listening reveals 3 leading innovation drivers

CIO

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. Data Storage: Computer scientists and programmers assert that blockchain offers certain advantages for data storage compared to alternatives. and tokenization.