Paytm Payouts Processes INR 1,500 Cr Transactions Within First Year Of Launch !!

Maharashtra: Digital payments giant Paytm, on Sunday (June 28), announced that it has processed close to INR 1,500 Cr in salaries and other benefits for over 5K medium and large enterprises through its Paytm Payouts service. The Paytm Payout services, which was launched in this year, is a digital money transfer service that offers an API or Paytm for Business Dashboard to make bulk payments to bank accounts, UPI addresses and Paytm wallets instantly.  They look to help businesses make payments to their employees, vendors & business partners. These payments…

PUBG Mobile, Truecaller and others found snooping on your iPhone clipboard data !!

A couple of days ago a popular social media app called TikTok came in the headlines for its suspicious behaviour of snooping on the iPhone’s clipboard. While the company is yet to fix this, a couple of researchers have found additional 53 iOS apps that work in a similar fashion. As reported by Ars Technical, these 53 apps discovered by researchers Talal Haj Bakry & Tommy Mysk back in March have still not stopped snooping on the iOS device’s clipboards. It is said that these apps peek on the handset’s saved clipboard,…

Have Apple, Google Silently Installed COVID-19 Tracker on Your Phone? Here’s What You Need to Know is that !!

Several people are forwarding a message on WhatsApp & social media platforms claiming that a COVID-19 exposure sensor has been silently “inserted into every phone.” The message is actually referring to the COVID-19 contact tracing system that Apple and Google have jointly built to enable exposure notification on both Android & iPhone devices. However, this doesn’t mean that a tracker has been installed to track your location or any other details. As per the message that has widely spread on WhatsApp, the COVID-19 exposure sensor has been installed on every single Android & iPhone device. The message…

WWF Report Highlights Lack Of Policy Support For Startups, SMEs !!

On World MSME Day (June 27) the World Wild Fund (WWF) India, has said that only a few policies target the renewable energy startup ecosystem. In a report titled, ‘Clean energy policy landscape in the SME sector,’ it said, while almost 140 government interventions focus directly or indirectly on clean energy and startups, only 38 policies actually target them. “Policy support can be an important catalyst in accelerating clean energy adoption and scale up.  This report maps the clean energy policy landscape in the SME sector, and provides recommendations that…

Amazon Disables Its Original iOS App in India, Customers Required to Switch to New App or Use Website !!

Amazon has finally disabled its original iOS app for customers in India, and is now asking them to either switch to its new ‘Amazon India – Shop and Pay’ app or use the Amazon.in website to shop from their Apple devices. The new change comes several months after the US e-commerce giant placed a splash screen on its older iOS app encouraging users to switch to the new app that includes support for scanning Unified Payments Interface (UPI) QR codes and sign up for the Amazon Pay UPI service. If…

Google Pay Is Not Banned, but Is Authorised and Protected by Law, NPCI Clarifies !!

Google Pay is not banned in India, clarified the National Payments Corporation of India (NPCI). The NPCI is an umbrella organisation that operates digital payments in India, and developed the Unified Payments Interface (UPI) which is used for payments by platforms like Google Pay, PhonePe, and Paytm. On social media, there is a trending hashtag “GPayBanned By RBI”, accompanied by news that the Reserve Bank said that Google Pay was not a payments system operator. However, soon after this began to circulate, the NPCI has issued a statement confirming that…

Scientists Discover a New Planet Hidden in a Debris Disk of a Young Star !!

Astronomers have a found a new exoplanet hiding in the debris disk of a star. Dubbed as AU Mic b, the exoplanet was found after decades of search, around the red dwarf star, AU Microscopii that is roughly 32 light-years away. This discovery will help scientists understand planetary formation processes including that of our own solar system. Astronomers expect that there are more exoplanets in this system but are hidden due to the disk of debris around AU Microscopii. What is AU Mic b? The new exoplanet, AU Mic b, is…

Business e-mail compromise most common online fraud: Delhi Police !!

New Delhi: Business e-mail compromise is one of the most common online frauds, a senior Delhi Police officer dealing with cyber-crimes said on Saturday. In a webinar, organised by the PHD Chamber of Commerce & Industry, deputy commissioner of police (Cyber) Anyesh Roy said that business e-mail compromise affects more small and medium level enterprises. “The fraudsters do compromise with the email account of the person who is dealing with the company accounts and financial transactions. They create an email account which is similar to either company’s or client’s account….

PM Modi’s ‘Mann ki Baat’ highlights: ‘Learn from the experiences of your grandparents’, PM tells children !!

  New Delhi: PM Narendra Modi addressed the nation on his monthly radio programme Mann Ki Baat. This was the 66th address of his monthly radio programme. Here are the key highlights from his speech: PM Modi said there is no reason to believe that the rest of the year 2020 will be as bad as the first half PM Modi said India has turned crisis to opportunities of growth previously in its long history and encouraged the citizens to make the best of 2020 despite the hardships it has presented…

Amazon agrees to buy self-driving technology startup Zoox !!

Amazon has just taken its boldest step yet into self-driving vehicles, acquiring six-year-old start-up Zoox, the Comapany announced Friday. Amazon said the deal will help bring Zoox’s “vision of autonomous ride-hailing to reality.” Zoox will continue to operate as a standalone business within Amazon, with CEO Aicha Evans and Jesse Levinson, the company’s co-founder and CTO, continuing to lead the team, Amazon said.  Terms of the deal weren’t disclosed, but the Financial Times previously reported that Amazon would pay more than $1.2 billion to acquire Zoox. An Amazon spokesperson declined…