Platforms help create more open platforms. Indian entrepreneurs will address the scale and diversity of India by building smart solutions on top of these DIGITAL PLATFORMS!
New digital lending architecture: As Indian consumers and business go from being data poor to data rich in next 3 years, a new lending architecture which is digital, based on data footprints and using algorithms can scale up rapidly to provide credit for the underserved. This includes P2P lending. The Electronic Consent layer of the India Stack will leverage this data tsunami.
India Stack - Towards Presence-less, paperless and cashless service delivery....ProductNation/iSPIRT
IndiaStack has the potential to revolutionize the way government services of the future are delivered in a large country like India. The nation is looking for “a transition from technology-poor to innovation-rich society” and entrepreneurs have a good role to play. The problems (read opportunities) in financial services, healthcare and education are all so large that only the right technology and entrepreneurial brainpower can cost-effectively solve them. Solving these scale problems should mean great business sense too.
Platforms help create more open platforms. Indian entrepreneurs will address the scale and diversity of India by building smart solutions on top of these DIGITAL PLATFORMS!
New digital lending architecture: As Indian consumers and business go from being data poor to data rich in next 3 years, a new lending architecture which is digital, based on data footprints and using algorithms can scale up rapidly to provide credit for the underserved. This includes P2P lending. The Electronic Consent layer of the India Stack will leverage this data tsunami.
India Stack - Towards Presence-less, paperless and cashless service delivery....ProductNation/iSPIRT
IndiaStack has the potential to revolutionize the way government services of the future are delivered in a large country like India. The nation is looking for “a transition from technology-poor to innovation-rich society” and entrepreneurs have a good role to play. The problems (read opportunities) in financial services, healthcare and education are all so large that only the right technology and entrepreneurial brainpower can cost-effectively solve them. Solving these scale problems should mean great business sense too.
IndiaStack is a set of APIs that allows governments, businesses, startups and developers to utilise an unique digital Infrastructure to solve India’s hard problems towards presence-less, paperless, and cashless service delivery.
India needs highly scalable solutions and ‘public goods’ should act as a key enabler for building such solutions. IndiaStack is one such emerging system, which entrepreneurs and startups should embrace.
Presence-less, paperless, cashless Service Delivery for a Billion people is a very big task. The large-scale systems needed to cost-effectively deliver such a solution would only be built with the combined participation of all parties, including government bodies and private companies or startups. The government systems will enable critical capabilities made available to entrepreneurs who could build diverse set of Apps useful in reaching the services to a wide mass of people through mobile phones.
India recently kicked off the Data Empowerment architecture, a framework for consented data sharing across the financial sector. This allows Nandini (Persona) to share data on her business’ regular invoices or GST payments seamlessly and securely.
Any bank or NBFC can now offer a regular stream of small-ticket working capital loans based on her demonstrated ability to repay. This is in sharp contrast to the status quo, where banks typically offer only larger loans backed by collateral. Using cash flows rather than collateral as the basis for credit is known as Flow-Based lending. Because producing collateral is a roadblock for the poorest Indians, Flow-Based lending may be their only opportunity to access the credit they sorely need for growth.
Payments Market in India, Mobile Wallet, Mobile Payments , Evolving Payments Ecosystem, Payments Industry , Payments Bank , Payment Gateways , Mobile Market, Payment Methods
Unified Payments Interface (UPI) - easy way to transfer money through banksCA Janardhana Gouda
A system for instant online bank payments. A new initiative for cashless and more digital economy. A perfect system for India in Banking System. Using of Mobile in a perfect way. (awesome feature of Virtual ID for transfer of money online through online.
Modes of Cashless Transactions - Cash-less Indian EconomyRajan Chhangani
This presentations is all about the different modes of cashless transactions and a small step to promote digital India and digitization in India.
Sources:- NPCI
Axis Bank
SBI
RBI
Slides of the talk titled - "India's Data Dilemma with India Stack" at the Strata Data Conference, London 2019.
Video Link - https://www.youtube.com/watch?v=wfonMXjfw8M
IndiaStack is a set of APIs that allows governments, businesses, startups and developers to utilise an unique digital Infrastructure to solve India’s hard problems towards presence-less, paperless, and cashless service delivery.
India needs highly scalable solutions and ‘public goods’ should act as a key enabler for building such solutions. IndiaStack is one such emerging system, which entrepreneurs and startups should embrace.
Presence-less, paperless, cashless Service Delivery for a Billion people is a very big task. The large-scale systems needed to cost-effectively deliver such a solution would only be built with the combined participation of all parties, including government bodies and private companies or startups. The government systems will enable critical capabilities made available to entrepreneurs who could build diverse set of Apps useful in reaching the services to a wide mass of people through mobile phones.
India recently kicked off the Data Empowerment architecture, a framework for consented data sharing across the financial sector. This allows Nandini (Persona) to share data on her business’ regular invoices or GST payments seamlessly and securely.
Any bank or NBFC can now offer a regular stream of small-ticket working capital loans based on her demonstrated ability to repay. This is in sharp contrast to the status quo, where banks typically offer only larger loans backed by collateral. Using cash flows rather than collateral as the basis for credit is known as Flow-Based lending. Because producing collateral is a roadblock for the poorest Indians, Flow-Based lending may be their only opportunity to access the credit they sorely need for growth.
Payments Market in India, Mobile Wallet, Mobile Payments , Evolving Payments Ecosystem, Payments Industry , Payments Bank , Payment Gateways , Mobile Market, Payment Methods
Unified Payments Interface (UPI) - easy way to transfer money through banksCA Janardhana Gouda
A system for instant online bank payments. A new initiative for cashless and more digital economy. A perfect system for India in Banking System. Using of Mobile in a perfect way. (awesome feature of Virtual ID for transfer of money online through online.
Modes of Cashless Transactions - Cash-less Indian EconomyRajan Chhangani
This presentations is all about the different modes of cashless transactions and a small step to promote digital India and digitization in India.
Sources:- NPCI
Axis Bank
SBI
RBI
Slides of the talk titled - "India's Data Dilemma with India Stack" at the Strata Data Conference, London 2019.
Video Link - https://www.youtube.com/watch?v=wfonMXjfw8M
(SACON) Nandan Nilekani - Identity Payments and Data Empowerment Priyanka Aash
Identity Payments and Data Empowerment Addressing Different challenges, Solving the Challenges, Payment challenges, Data Sharing and Privacy Challenges.
Putting in perspective: Innovation in digital age.
Over the past several years, India has embarked on a remarkable journey towards becoming a digitally enabled society. This digital transformation has not only reshaped the nation's socioeconomic landscape but also served as a global model for how technology can be harnessed to uplift and connect diverse and large populations.
At the heart of this transformation lies the concept of Digital Public Infrastructure (DPI), a strategic framework that has provided the rails to propel India onto the global stage as a digital powerhouse.
With the Indian internet economy projected to reach USD 1 trillion by 2030, DPIs are primed to continue playing a significant role in democratizing this growth and ensuring a digital future that is inclusive and expansive.
Facebook-BCG Report on the impact of digital in the Financial Services IndustrySocial Samosa
India is on the cusp of a digital
revolution. With rising internet and
smartphone penetration, the digital
DNA of India is rapidly changing.
The first 100 million ‘digital Indians’
were largely men, millennials and
metro based. However, with higher
adoption among women, lower tier
cities and older age groups, the face of
an average internet user is changing.
They are also engaging in mature
activities, going beyond search and
social networking to online shopping
and banking. In 2013, only 7% urban
internet users with digital age less than
2 years adopted online shopping. This
grew more than four fold in four years.
A similar trend has been seen in online
banking as well.
Also, with increasing smartphone
penetration, the way consumers are
accessing internet is changing. In
2013, only 44% of urban population
preferred mobile for internet access,
but now almost 3/4th prefer mobile.
Find More Case studies at - https://www.socialsamosa.com/category/indian-social-media-case-studies/
The presentation involves about Fintech industry, the technologies involved, various UPI's, regulators of Fintech Industry in India and Payment Sytstem in India
The goal of the demonetization move in India is to make the economy stronger and eliminate the parallel cash economy which is unaccounted and untaxed. While this can impact the GDP negatively in the short term, it should have positive long term consequences. For e-commerce companies, which already have a digital payments system in place, it should lead to higher online payment and eventually eliminate the painful cash on delivery option. However, in the short term, witness a decline in GMV from India as the economy adjusts to the “new normal”.
Financial inclusion, driven by FinTech, will drive economic growth, job creation, income distribution and quality of life in Pakistan, as in other emerging economies. What do current trajectories foretell and what are threats to look out for?
This ppt has unique trends in banking that includes the recent launch of Unified Payment Interface(UPI)by NPCI,Data Analytics usage by banks,India-world's largest recipient of remittances in 2015,an Recurring Deposit scheme linked to Holiday Savings Account
According to a report released by strategy consulting firm Redseer Strategy Consultants in collaboration with Plural by Pine labs, 85% of the businesses in India will be digitally enabled by FY26. From bustling cities to remote villages, digital payments are on the fast track to change the way users transact. Penetration of smartphones and the internet, and favorable government policies have been key drivers in the adoption of digital payments in the country. With more than 70 crore internet users, India has the second-highest number of internet users in the world, trailing only behind China. With a population of 140 Cr, India is poised to become a global leader in digital payments in the coming years.
India Payment Market, Size, Share, Growth, Key PlayersRenub Research
India Payment Market size is envisioned to attain US$ 8,137.3 Billion by 2028. The virtual fee panorama in India has passed through an enormous transformation, indicating the profound effect it will have on the populace. This shift signifies that a majority of Indians in 2022 belong to a technology that is tremendously talented or exposed to era. Tech-savvy generation has a greater reliance on superior, automated, quicker, and extra efficient technology and offerings. Consequently, there may be a rapid growth inside the demand for India payment marketplace within the coming years.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
2. 22
1.2 Billion people
<3%pay income tax
70%under $2/ day
400 Million migrants
Photo credit: Hoang Long Ly, 2014 CGAP Photo Contest
3. 3
1 Billion mobile connections
350 Million Internet users
200 Million social media users
India is rapidly going digital
Source: various publicly available documents
4. 4
$50 Billion every year!
2.5% of GDP
India spends huge amount as direct subsidies ...
Source: various publicly available Govt documents
5. 5
20-40% leakage
1% of GDP wasted
... but, leakages are massive
Source: various publicly available Govt documents
7. 7
Large scale social problems require
"unbundling of the problem"
and creation of "shared digital infra"
as "public good" on top of which
"innovative solutions" can be "assembled"
to meet diverse contextual needs.
11. Source: http://uidai.gov.in 11
950 M
600 M
300 M
100 M
50 M
1085 M
Currently at 1.15 B
At peak, processed ~2 M
enrollments a day!
Currently processing ~1 M
enrollments & updates a day!
1 Billion in 5½ years
12. 12
Aadhaar - online identity services
Enabling online authentication and e-KYC to a billion people
ELIMINATES
PHYSICAL PRESENCE
Are you who you claim to be?
ONLY a yes/no answer
Anytime anywhere
ELIMINATES PAPER BASED
KNOW YOUR CUSTOMER
ONLY done with
authentication
No more fake documents
Anytime anywhere
Authentication Electronic KYC
Source: http://uidai.gov.in
13. 13
Now at
600+ M a month
25+ M a day
The Aadhaar system can
authenticate 100 M
transactions per day!
7+ Billion authentications in 6 years
Source: http://uidai.gov.in
14. eSign - Digital signature for a billion
Application Service
Provider (ASP)
1.Online request for
Digital Signature
2. Request for
PoA/PoI Data
4. Online Instant
Digital Signature
Issued
3. PoA/PoI
Through eKYC
eSign Service
Providers (ESP)
UIDAI
(for Aadhaar
eKYC)
Residents
needing to sign a
document
Interoperable, Open API based, multi-provider, digital signing protocol, legally protected under IT Act
14Source: http://cca.gov.in
15. Interoperable, Open API based, multi-provider, documents & data exchange framework
Digital Locker Framework
Source: http://dlai.gov.in
16. Validation & Assurance
Virtual Payment Address
Minimal Issuer/Acquirer Cost
Ubiquitous - Bank accounts
Easy Immediate Payments
Timely Notification
Unified Payment Interface
Push & Pull Payments
@Every one with a bank account can send money to
any bank account in India!
Real-time posting
Funds are not locked!
Immediate notifications of the
payment made
Payments can be initiated by payer or payee.
Real-time validation of the account
and balance
No need to disclose account information.
Allows account portability, enhances privacy.
Smartphone replaces card and PoS
machine!!
16
Inter-operable, multi-provider instant money exchange framework
Source: http://npci.org.in
17. 17
● Structured consent artifact and log system
● User controlled data sharing, data flow, and
data retention
● Separation of data and consent flows
● Consistent with current legal frameworks
Electronic Consent Architecture
Data
Consumers
(Banks,Credits
Providers etc)
CONSENT
Collector
Data
Providers
(Banks,Telco,
Hospitals,etc)
Consent Flow
Digitally signed
consent artifact
Data Flow
Secure data sharing
based on consent
Framework to give control of digital footprints back to people
Source: http://dlai.gov.in
18. Aadhaar Auth Aadhaar eKYC
eSign Digital Locker
Consent Framework Unified Payment
India Stack is
an open infrastructure
built by Indian Government
which unbundled
identity, signature, money
exchange, document & data
exchange allowing apps and
solutions to be built easily
Mobile, Internet, GPS, Cloud
18
GOVT
SUBSIDIES
BANKING,
INVESTMENTS
& CREDIT HEALTH
SKILLS &
EDUCATIONCOMMERCE
19. India is also building other layered platforms
1. Goods & Services Tax Network (GSTN)
2. Bharat Bill Pay System (BBPS)
3. Electronic Toll Collection System (ETC)
19
GSTN will process
~5 B invoices a monthacross
7+ Mbusinesses!
1 Butility bills amounting to
$60+ Ba month
BBPS source: http://indiatoday.intoday.in/story/bill-payment-industry-all-set-to-rock-in-services-sector/1/180344.html
20. 20
India will go from data poor to data rich nation ...
… and individuals and small businesses will be empowered
to use their digital footprints as their "digital asset" to get
access to credit and other services.
Social
Commerce
Payment
Education/
Employment
Healthcare
Digital
Platforms
Tax / Business
ConsentFramework
Access
Inclusion
Empowerment
21. Source: UIDAI, NPCI, TRAI Website, Conversations with NPCI, eMudhra, Deity officials
287 M
Jan Dhan Bank Accounts
Jan Dhan
1.15 B
Enrolments
Aadhaar
350 M
Smartphones
Mobile
21
7+ B
Authentications
Aadhaar
600 M
Authentications/month
500+ M unique ids
340 M
eKYC in 3 years
> 1 M /day
399 M
APB Accounts Linked
1.2 B Txns worth 4.5 B USD in 3 years
> 3 M
e-Sign in 15 months
4.8 M
Digilocker users
1+ B
Uploaded Docs
10M+
UPI Txns in 3 months
~400 M USD
transacted a month
1060 M
Phone numbers
23. Large Bank
Retail Customer Onboarding - Reimagining the User journey
with Aadhaar, eKYC, e-Sign and Digital Locker
Source: McKinsey & Company - Financial Services and Digital practices
Turnaround Time down from
6 days to 1 hour
Reduced Drop Offs First Time Right> 99%
Branch Capacity
Freed up by 10%
Back Office
No longer required
23
24. Large Asset Manager
Source: McKinsey & Company - Financial Services and Digital practices
Transaction Time down from
4 hours to 2 mins
Reduced Operational cost Improved customer retention
Statement Processing time down from
1 hour to < 1 min
Capacity
Freed up for lead generation
Reimagining Channel Management - Digital Transformation
with Aadhaar eKYC
24
25. Large Telecom
Source: Conversations
On boarding time Time down from
1 day to 4 mins
Saved Rs 15 / SIM issued Saved 15,000 Trees
Onboarding Rate
50M in < 2 months
Customer Experience
"Walk Out Working"
Customer Onboarding - Digital Transformation
with Aadhaar eKYC
25
26. Elite (11M HHs, 4%)
>$37k annual gross HH income
Wealthiest class in India
Affluent (26M HHs, 9%)
$18.5k-$37k annual gross HH income
Top 6-10% of highest income HHs
Aspires (66M HHs, 23%)
$7.4k-18.5k annual gross HH income
Middle Class- Looking to trade up & aspire
to upgrade (Disposable Income - 60%)
Next Billion (103M HHs, 500m, 36%)
$3.3k-$7.4k annual gross HH income
New Consumers- HHs have some
disposable income (33%), total spend $1 T
Strugglers (80M HHs, 28%)
<$3.3k annual gross HH income
HHs with the majority of spend on basic
needs such as food, shelter, power & water
India 1: New Consumption Patterns
Process Reinvention
India 2: Unlock Bharat
India 3: Reduce Benefits Leakage
Changing India - one India at a time!
Inclusion
10X reach
10X effectiveness
28. Investment at Scale
28
To increase market size 10x or 50x and bring in mass inclusion,
cost of doing business must be brought down!
Source: NCAER-CMCR survey, www.openthemagazine.com, discussions with ScripBox
29. 29
Millions of Borrowers
Data Driven
Algorithm Driven
Consented Data Sharing
Enabled by Mobile
Electronic Contracts
Digital Payments
Credit
Marketplaces
Thousands of Lenders
Digital Footprints
Credit at Scale
30. Skilling at scale
30
COMMERCE
TRANSPORT
TOURISM CONSENT ARCHITECTURE
DIGITAL LOCKER
COMMON IDENTITY
SKILLS
EXPERIENCE
Networks and aggregators driving
mass skilling in several domains
Portable education, skill, and
experience records
31. "India has, without question, made the largest technological
breakthrough of any nation in living memory. Its technology
advancement has left even Silicon Valley standing. India has built
the world's first national digital infrastructure, leaping at least
two generations of financial technologies and has built something
at least as important as the railroad was to the UK or the
interstate highways was to the US." - Raoul Pal
https://twitter.com/RaoulGMI/status/835847520920162304