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Airtel Payments Bank launches UPI enabled digital payments

Airtel Payments Bank launches UPI enabled digital payments

Finance
NEW DELHI: Sunil Mittal-driven Airtel Payments Bank Sunday integrated the Unified Payments Interface (UPI) on its digital platform, allowing customer choice and convenience to facilitate secure digital payments. Airtel Payments Bank has become the first payments bank in India to integrate the UPI on its digital platform, the company said in a statement, adding that it would secure digital payments to online/offline merchants and instant money transfers to any bank account in India. In January, Bharti Airtel launched Payments Bank in India to enable transactions on digital platforms. The initiative will allow bank customers to link their bank accounts on Bhim app and make UPI payments. “We are pleased to announce UPI integration with Airtel Payments Bank. This would allow all our 20 mi
49,000 Aadhaar centres blacklisted for fleecing: Here's how to avoid getting conned

49,000 Aadhaar centres blacklisted for fleecing: Here's how to avoid getting conned

Finance
A recent revelation by the Unique Identification Authority of India (UIDAI) that it has blacklisted over 49,000 Aadhaar enrolment centres since its inception for fleecing and overcharging enrollers is a matter of concern for those who are yet to obtain Aadhaar or need to make corrections. Given that Aadhaar has become a vital document, it is important for us to ensure that we do not fall prey to these unscrupulous elements. The ill intentions of 'enrolment officials' fleecing consumers also raises a huge security concern. Therefore, if you are visiting an enrolment centre to get your Aadhaar details corrected or are applying for a new one, you must keep the following things in mind. 1. Currently, there is no fee to apply for a new Aadhaar card. It is clearly stated on the Aadhaar webs...
Protester who admitted to vandalizing iconic Wall Street bull is arrested

Protester who admitted to vandalizing iconic Wall Street bull is arrested

Finance
A woman who told CNBC she dumped blue paint on the iconic Wall Street bull to protest President Donald Trump's rejection of the Paris climate agreement has been arrested. Courtney Fallon, 33, has been charged with making graffiti and criminal mischief, the New York Police Department said Friday. The NYPD told CNBC on Thursday they found blue paint poured over the bull's head and a sash stating "Draw The Blue Line" around the "Fearless Girl" statue across from the bull. "Draw the Blue Line" is the name of the group protesting Trump's decision.Fallon told CNBC in an email on Thursday she is trying to cover New York City and the world with horizontal blue lines that represent rising sea levels. She wants to grab the attention of the UN General Assembly, which is meeting in New York this month...
Is the bubble going to burst on the bitcoin boom?

Is the bubble going to burst on the bitcoin boom?

Finance
The ambition that gave birth to the InterPlanetary File System is as immodest as the name.The brainchild of a Silicon Valley start-up called Protocol Labs, IPFS aims to give anyone the chance to buy and sell unused computer storage space. There is even a made-up unit of exchange for this proposed market: a digital currency called Filecoin.Speculators do not seem concerned that this spot market for global computing resources is still only a plan embedded in a piece of open source software. Or that, if it catches on, it will be competing with corporate giants such as Amazon, the leading cloud computing provider. Despite these obvious obstacles, Protocol Labs raised more than $ 250m in an open online sale of its invented currency that ended last week.So-called initial coin offerings, or ICOs,...
Many women struggle with being 'suddenly single'

Many women struggle with being 'suddenly single'

Finance
Becoming suddenly single can set your world in a tailspin, and a lack of financial planning is setting women in particular even further back.Death or divorce rank among the top five financial challenges female clients face, according to a report by Key Private Bank. Estate planning, investment decisions and legacy planning were the other top hurdles, the report said.Though traditional gender roles are changing, financial advisors say, many couples still adhere to them, with men generally taking the lead on finances.However, the average age of widowhood is 59, according to the U.S. Census Bureau, with many women living another decade or more beyond a husband's death. "Many women play a passive role when it comes to money and investing," said Rorrie Gregorio, the national partner in charge o...