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asia rapid digitalisation kazuo ueda: Asia’s rapid digitalisation may pose new financial risks: BOJ chief Kazuo Ueda
The rapid digitalisation of finance in Asia could pose new risks to financial system stability, Bank of Japan (BOJ) governor Kazuo Ueda said on Wednesday, stressing the right balance is needed between the benefits and costs of financial innovation.Digital financial services have spread dramatically in the Asia-Pacific region as many people living in emerging nations, who still do not have access to face-to-face financial services, jumped at the convenience of smartphones to make daily payments.Elevate Your Tech Prowess…
margrethe vestager news conference: EU antitrust chief Margrethe Vestager to hold news conference, Apple in focus
EU antitrust chief Margrethe Vestager will hold a press conference on a competition case at 1200 GMT, the European Commission said on Monday without providing details.She is likely to announce a fine and an order to iPhone maker Apple to allow Spotify and other music streaming services inform users of options outside Apple's App Store, sources close to the matter said. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIM KozhikodeIIMK…
FAA space chief talks Mission Authorization, the SpaceX Starship
The clock is ticking to get a legislative fix for mission authorization approved, according to Kelvin Coleman, the Federal Aviation Administration’s associate administrator for commercial space transportation. “Given that we have some momentum now and that Congress is paying attention, I would hate to lose that attention, so I do think it’s critical to get it done this Congress,” he said last week, talking with reporters on the sidelines of the Commercial Space Transportation Conference in D.C. “This is an issue that’s…
Battlefield Studio Loses Master Chief Creator
Marcus Lehto--best known for co-creating the original Halo--has left Ridgeline Games and Electronic Arts. He was Ridgeline's game director in charge of creating new experience for the Battlefield series.According to Lehto's Facebook and LinkedIn profiles, he recently left Ridgeline Games. Additionally, his profile on Twitter doesn't have mention of Ridgeline Games--only references to his work as the co-creator of the Halo series and creator of Disintegration.Neither Lehto nor EA have said anything, so…
Paytm: Paytm’s advisory panel chief says yet to delve deep to identify any issue with firm
An advisory committee, set up by Paytm owner One97 Communications after the Reserve Bank's action on its payments bank business, is yet to have a deeper engagement with the company to identify any issue, head of the panel and former chairman of Sebi M Damodaran said on Sunday. "We are an external advisor. At this point they (Paytm) are dealing with RBI," Damodaran said in response to a question on the impact on Paytm with regard to RBI's January 31 order on Paytm Payments Banks Limited (PPBL). As per the January 31 order,…
Ex-NRA Chief Wayne LaPierre to Pay $4 Million Back in Restitution
A New York jury found Wayne LaPierre misspent millions of dollars of the group’s charitable funds
The National Rifle Association and its ex-CEO Wayne LaPierre were found liable for misspending millions of dollars on lavish perks.
A New York Jury on Friday found that LaPierre, who steered the NRA for three decades, used charitable funds to pay for exotic vacations, excursions on private jets, and superyachts, and ordered him to pay back $5.4 million, minus what he had already reimbursed the…
dilip asbe: Whatever is not written in regulation, means a ‘No’: NPCI chief Dilip Asbe
The chief of National Payments Corporation of India (NPCI), Dilip Asbe, on Friday emphasised that fintech founders cannot build a long-term business in the space without compliance.Asbe said there are no grey areas in Indian fintech.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…
Myntra: Myntra appoints Shoppers Stop’s Venu Nair as chief of strategic partnerships and omnichannel
Fashion platform Myntra has appointed Venu Nair as its new chief of strategic partnerships and omnichannel. Nair joins Myntra from offline shopping chain Shoppers Stop, where he was the managing director and chief executive officer for about three years. At Myntra, he will be responsible for the international brands portfolio, and for “building strategic partnerships with leading global brands,” the firm said in a statement. Nair will also be managing omnichannel strategy for brands at Myntra.Elevate Your Tech Prowess…