Tag: banking

Meta launches Quest 3 mixed-reality headset: Check specs, features, price, more
27Sep By adminNo Comments
Technology

Meta launches Quest 3 mixed-reality headset: Check specs, features, price, more

[ad_1] Today, Meta unveiled its most awaited new-generation mixed-reality headset, Quest 3 that has been introduced with some ground-breaking features. Earlier the company had teased the product and indicated that it would feature the breakthrough Meta Reality technology (mixed reality system that combines various technologies and more into a single system), and a slimmer model. This year the Meta headset comes with the next-generation Snapdragon chipset which has been developed in partnership with the industry best Qualcomm Technologies. Additionally, the new Meta Quest 3 headset is priced in an affordable range and will offer immersive VR and MR experiences to its users on a small device. Check out what Meta announced about the Quest 3 headset.Meta Quest 3The Quest 3 is the latest att...
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AI brings affordability and has specific use cases to solve problems, says Salesforce India CEO
26Aug By adminNo Comments
Technology

AI brings affordability and has specific use cases to solve problems, says Salesforce India CEO

[ad_1] What is the role of artificial intelligence in human activity? Is it that of command and control or an aid to achieving set targets or goals? While one points towards a benevolent AI, the other may refer to something dangerous. Speaking on the issue of AI on Friday was Salesforce India CEO Arundhati Bhattacharya who said that artificial intelligence and generative technology is more of an assistant than a self-functioning unit.She added that at present, there is always a human involved in AI operations and it is difficult to say if it will work on its own in the future. "It's more of an assistant right now. We have not reached the point where we can allow it (to operate independently)... will it be totally on its own at some point, is very difficult to say now," she said. She add...
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Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed
21Aug By adminNo Comments
Technology

Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed

[ad_1] PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years.PayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to launch a stablecoin after Facebook, now Meta Platforms, unveiled Libra in June 2019. The move, which comes as PayPal transitions to a new CEO announced last week, seems risky after Facebook's stablecoin was crushed by political opposition, and as regulators home in on the crypto sector following several meltdowns. But PayPal is in a stronger position than Facebook, said former officials, executives and analysts. Policymakers are more familiar with st...
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Nokia CEO says carriers face substantial 5G investment needs
21Jul By adminNo Comments
Technology

Nokia CEO says carriers face substantial 5G investment needs

[ad_1] The chief executive of Nokia Oyj signaled that a near-term decline in operator demand for 5G gear in a worsening economy will turn out to be a passing phenomenon given a “substantial need” to invest in those networks globally.Nokia on Thursday reiterated that challenges stemming from a deteriorating economic outlook and customers working through existing inventory intensified in the second quarter and are set to continue in the second half. It had made similar remarks last week when cutting its full-year guidance. “We are of the opinion that this has to be a question of timing because data traffic continues to grow 20 to 30% per year globally,” Chief Executive Officer Pekka Lundmark said in an interview. “In Mobile Networks there is still substantial need for operators to invest ...
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Google Pay UPI LITE is here; Check the payment benefits that you will get
14Jul By adminNo Comments
Technology

Google Pay UPI LITE is here; Check the payment benefits that you will get

[ad_1] No need to enter UPI PIN as Google Pay has introduced the UPI Lite! It will allow you to make digital payments faster. The new version is available to existing Google Pay users. Also, users can now make small payments simply with one-click. Notably, this is an improvement as over the years, Google Pay users have been making payments through the PIN method. It makes the payment process longer. The UPI Lite method will now help users to make small instant payments of even under Rs.200 without the UPI PIN.About the Google Pay UPI LiteThe Lite account will be linked to the user's bank account but it will not support the long core banking system. This new addition will make quick payments during peak hours as well. Users can load their UPI Lite account up to Rs.2000 twice a day and us...
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New Google Pay feature allows users to pay without UPI PIN for small transactions
14Jul By adminNo Comments
Technology

New Google Pay feature allows users to pay without UPI PIN for small transactions

[ad_1] Google's payment app Google Pay on Thursday introduced UPI LITE on its platform to ease small digital transactions.UPI Lite allows users to load up to ₹4,000 in a day for instant transactions limited to ₹200 at one go, the search engine giant said. Designed by the National Payments Corporation of India (NPCI), it allows small transactions without the need for entering their UPI PIN. According to the company, UPI LITE accounts are linked to user's bank accounts but do not rely real-time on the issuing bank's core banking system, resulting in higher payment success rates even during peak transaction hours, and a less cluttered bank passbook.Users can activate the feature by logging into their Google Pay app and accessing their profile page, after which they must tap on "activate ...
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AI hype starting to ‘smell like dot-com era’ to ESG veteran
13Jun By adminNo Comments
Technology

AI hype starting to ‘smell like dot-com era’ to ESG veteran

[ad_1] The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.According to James Penny, the chief investment officer of TAM Asset Management and a veteran ESG investor, the current mood is reminiscent of the early days of the tech bubble that burst in 2000 and wiped more than 70% off the Nasdaq. “Companies that even mention the word AI in their earnings are seeing boosts to their share price, and that smells very much like the dot-com era,” Penny, who invests in funds rather than directly in stocks, said in an interview. “I think the market has got a little bit over its skis. I'd put much larger odds on it coming down from here.” The race to get a p...
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