Popular News Based on FinTech
It has kind of become a normal story that random people receive huge amounts of money accidentally in their accounts. Some of them innocently believe it to be their fortune and use it and some inform their banks about the same. This time an engineer received over $250000 in his bank account and that too from Google.The payment was allegedly...
As far as stock market (or share market) investing is concerned, many of us have our own preemptive assumptions about it. As per Business Standard, only about 3.7 percent of India's 1.36 billion people invest in stocks. This number is insignificant as opposed to 55% of the US population directly or indirectly investing in the equity market. Now we understand...
In this day and age, it seems like almost everyone has a smartphone. And while many people use their phones for things like playing games or checking social media, there are actually quite a few ways that your phone can help you with your finances. From budgeting apps to investment advice, here are seven ways that your smartphone can help...
People making millions of dollars creating, buying, and selling NFTs and you wonder ‘why and how’ and if you can ever jump on the bandwagon… NFTs explained here in a detailed manner!Facebook changed its name to Meta last year and the Indian government this year depicted a peek into the meta world in the Republic Day parade and then included...
There is an utterance that money is not everything in life, this phrase is partly right or partly wrong in a neutral sense. When we talk about its importance, we have to consider two crucial perspectives thoroughly to decide its reliability. Money is important to satisfy human needs and it is also inevitable as a way of survival in daily...
Synopsis: Reportedly, it is for the first time in more than a decade that the company has recorded this much loss in terms of subscribers. The number of subscribers leaving the OTT streaming platform is much higher than the forecast.Subscription-based OTT (Over The Top) streaming platform, Netflix has recorded a 25 percent drop in its shares in the first quarter...
Synopsis: However with this increased database, in March people used WhatsApp for making around 2.54 million UPI transactions, which was worth Rs 239.78 crore. In the terms of volume, the complete UPI transactions accounted for about 0.05%, and in terms of value, it has been accounted for 0.025%.Meta-owned WhatsApp has been given permission by the National Payments Corporation of India...
Synopsis: The company's move on virtual currency comes at a time when it is reportedly significantly focusing on Metaverse. As per the report, the initiative will not be based on blockchain and would be in-app tokens which will be centrally controlled by Meta.Meta (formerly known as Facebook) is on its way to introducing its virtual tokens and cryptocurrencies which it...
NFT stands for Non-Fungible Tokens - it is a type of cryptographic token and every NFT is unique in its way. There are 2 major keywords fungibility and non-fungibility, fungibility is the properties of an asset that can be interchanged with each other whereas non-fungibility is the properties of an asset that cannot be interchanged. Anyone can create their NFT...
Synopsis - In order to launch this feature, Google Pay collaborated with Pine Labs and people who will have NFC on their smartphones on Pine Labs Android POS terminals will be able to use this feature across the country.Google Play is all set to get a tap-to-pay feature, which will enable the users to pay using UPI over an NFC...