"Digital and Mobile Payment Systems in Turkey" presentation in "Understanding FinTech in Islamic Finance Workshop" on February 20-21 2018 at Marmara Taksim Hotel, Istanbul
A Look at Turkey FinTech Landscape and Ecosystem presentation in "Understanding FinTech in Islamic Finance Workshop" on February 20 21 2018 at Marmara Taksim Hotel, Istanbul
Single UPI Platform for Banks to Play Card of Digital TransactionseTailing India
In order to promote digital transactions, an upgraded unified payments interface (UPI) for banks is in the offing that will provide a cost effective and secured option. A single UPI platform is being developed for all banks as against the existing system of individual platform
"Digital and Mobile Payment Systems in Turkey" presentation in "Understanding FinTech in Islamic Finance Workshop" on February 20-21 2018 at Marmara Taksim Hotel, Istanbul
A Look at Turkey FinTech Landscape and Ecosystem presentation in "Understanding FinTech in Islamic Finance Workshop" on February 20 21 2018 at Marmara Taksim Hotel, Istanbul
Single UPI Platform for Banks to Play Card of Digital TransactionseTailing India
In order to promote digital transactions, an upgraded unified payments interface (UPI) for banks is in the offing that will provide a cost effective and secured option. A single UPI platform is being developed for all banks as against the existing system of individual platform
With recent developments in technology and increasing volumes of data now being stored and used, organizations are under intense pressure to secure sensitive data from all types of external and internal threats. The biggest challenge lies in being aware of the location and growth of basic information, and the usage of their critical data assets.
The end of passwords: Two-factor-authentication and biometrics are coming 2019JanSobczak5
Carsten Mürl
Director Product Management Master Card
Carsten Muerl ist bei Mastercard als Leiter des Bereichs Enterprise Security Solutions (Deutschland und Schweiz) für Sicherheitslösungen wie Authentifizierung, 3D-Secure oder Betrugserkennung verantwortlich. Er verfügt über mehr als 20 Jahre Erfahrung in der Payment-Branche. Zuvor war er bei der Deutschen Bank als Leiter des Kartenbereichs u.a. für neue Kartenprogramme wie die Debit Mastercard und die Einführung neuer Anwendungen wie der Card App oder Mobile Payment verantwortlich. An der Fachhochschule in Karlsruhe hat er Wirtschaftsinformatik studiert.
In the last 12 years or so, many governments have launched modern identity management systems. These systems typi- cally integrate a set of advanced and complex technologies to provide identification and authentication capabilities. The major output of such systems is smart identity cards that bind the cardholders’ identities to their biographical data and one or more biometric characteristics. The field of government practice has been focusing on the enrolment capabilities and infrastructure rollout, with little focus on smart card applications in the public domain. This article attempts to ad- dress this area in the body of knowledge from a government view point. It explores card reader adoption opportunities in both the public and private sectors, and attempts to outline the United Arab Emirates’ (UAE’s) government’s plans to disseminate card readers and promote their adoption in government and various industrial groups in the country.
Transformation of the Electronic Payments Industry - Strategies for Growthfrancisfoo
This presentation provides a glimpse into the evolution of the digital payment industry and a discussion of both short-term and long-term strategies that players in this space could potentially adopt to stay ahead of the competition.
I've diverse interests across wide-ranging topics and industries and I thoroughly enjoy analyzing information and devising strategies to help companies better position themselves for the challenges ahead.
If you require more information and data, feel free to reach out to me at francisfoo@wustl.edu or connect with me on LinkedIn www.linkedin.com/in/francisfoo/.
Thank you for your interest! Hope you find the information useful.
Online Payment Landscape in Turkey, MPE2015, Berlin Cihan Demir
Turkey has a diversified payment ecosystem with many moving parts such as bank loyalty cards, installment options, reward points, bank campaigns, and alternative payment methods.
Some of these are unique to Turkey such as installment options. For merchants this complex payment ecosystem can create challenges especially in the checkout flow.
To navigate through this complex payment world its important that we track and analyse consumer behavior every step of the way.
In the past, we had used natural money (such: nuts, leaf). In 650 B.C, precious metal money was the mainly currency. After that, in 1700s A.D, we have transferred to paper money like US Dollar, Euro and now, we are using card replace for traditional cash. The currency revolution doesn’t stop there, we're going to use our smartphone instead of card, metal money, cash, loyalty card. That's called Digital Wallet (also known as E-Wallet)
International Journal of Engineering and Science Invention (IJESI)inventionjournals
International Journal of Engineering and Science Invention (IJESI) is an international journal intended for professionals and researchers in all fields of computer science and electronics. IJESI publishes research articles and reviews within the whole field Engineering Science and Technology, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
With recent developments in technology and increasing volumes of data now being stored and used, organizations are under intense pressure to secure sensitive data from all types of external and internal threats. The biggest challenge lies in being aware of the location and growth of basic information, and the usage of their critical data assets.
The end of passwords: Two-factor-authentication and biometrics are coming 2019JanSobczak5
Carsten Mürl
Director Product Management Master Card
Carsten Muerl ist bei Mastercard als Leiter des Bereichs Enterprise Security Solutions (Deutschland und Schweiz) für Sicherheitslösungen wie Authentifizierung, 3D-Secure oder Betrugserkennung verantwortlich. Er verfügt über mehr als 20 Jahre Erfahrung in der Payment-Branche. Zuvor war er bei der Deutschen Bank als Leiter des Kartenbereichs u.a. für neue Kartenprogramme wie die Debit Mastercard und die Einführung neuer Anwendungen wie der Card App oder Mobile Payment verantwortlich. An der Fachhochschule in Karlsruhe hat er Wirtschaftsinformatik studiert.
In the last 12 years or so, many governments have launched modern identity management systems. These systems typi- cally integrate a set of advanced and complex technologies to provide identification and authentication capabilities. The major output of such systems is smart identity cards that bind the cardholders’ identities to their biographical data and one or more biometric characteristics. The field of government practice has been focusing on the enrolment capabilities and infrastructure rollout, with little focus on smart card applications in the public domain. This article attempts to ad- dress this area in the body of knowledge from a government view point. It explores card reader adoption opportunities in both the public and private sectors, and attempts to outline the United Arab Emirates’ (UAE’s) government’s plans to disseminate card readers and promote their adoption in government and various industrial groups in the country.
Transformation of the Electronic Payments Industry - Strategies for Growthfrancisfoo
This presentation provides a glimpse into the evolution of the digital payment industry and a discussion of both short-term and long-term strategies that players in this space could potentially adopt to stay ahead of the competition.
I've diverse interests across wide-ranging topics and industries and I thoroughly enjoy analyzing information and devising strategies to help companies better position themselves for the challenges ahead.
If you require more information and data, feel free to reach out to me at francisfoo@wustl.edu or connect with me on LinkedIn www.linkedin.com/in/francisfoo/.
Thank you for your interest! Hope you find the information useful.
Online Payment Landscape in Turkey, MPE2015, Berlin Cihan Demir
Turkey has a diversified payment ecosystem with many moving parts such as bank loyalty cards, installment options, reward points, bank campaigns, and alternative payment methods.
Some of these are unique to Turkey such as installment options. For merchants this complex payment ecosystem can create challenges especially in the checkout flow.
To navigate through this complex payment world its important that we track and analyse consumer behavior every step of the way.
In the past, we had used natural money (such: nuts, leaf). In 650 B.C, precious metal money was the mainly currency. After that, in 1700s A.D, we have transferred to paper money like US Dollar, Euro and now, we are using card replace for traditional cash. The currency revolution doesn’t stop there, we're going to use our smartphone instead of card, metal money, cash, loyalty card. That's called Digital Wallet (also known as E-Wallet)
International Journal of Engineering and Science Invention (IJESI)inventionjournals
International Journal of Engineering and Science Invention (IJESI) is an international journal intended for professionals and researchers in all fields of computer science and electronics. IJESI publishes research articles and reviews within the whole field Engineering Science and Technology, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
The International Journal of Engineering & Science is aimed at providing a platform for researchers, engineers, scientists, or educators to publish their original research results, to exchange new ideas, to disseminate information in innovative designs, engineering experiences and technological skills. It is also the Journal's objective to promote engineering and technology education. All papers submitted to the Journal will be blind peer-reviewed. Only original articles will be published.
This article discusses the implementation of iris recognition in improving the security of border control systems in the United Arab Emirates. The article explains the significance of the implemented solution and the advantages the government has gained to-date. The UAE deployment of iris recognition technology is currently the largest in the world, both in terms of number of Iris records enrolled (more than 840,751) and number of iris comparisons performed daily 6,225,761,155 (6.2 billion) in ‘all-against-all’ search mode.
Al-Khouri, A.M. (2013) 'The Role of Emirates Identity Authority in Supporting the Development of Public Sector', The Bi-Annual IMAGE Users Group Forum, April 15 – 18, Paris, France.
Bio-metrics is modern security system. It uses a person’s biological features to give access rights. The biological features like finger print, voice print, iris pattern, face print, signature(dynamic), retina, hand geometry, ear form , DNA, odor, keyboard stroke, finger geometry, vein structure of back of hand etc. are used. So, in this any unauthorized person cannot trap the information or assets. Today, to prevent illegal operations this technique is widely used. It is a user-friendly technique, which is accepted by almost all fields.
The Internet of Things: A Prime Opportunity for Merchant AcquirersCognizant
For merchants, the Internet of Things’ vast connectivity makes it easy for consumers to purchase within an environment that is intuitive, familiar and comfortable. For acquirers, there is the opportunity to provide various interfaces for accepting payments from all connected touchpoints -- creating an omnichannel experience for customers.
This is a presentation by Bizuneh Bekele, ePayment and FinTech Development Consultant, DigiFinance Africa, at the 3rd Annual East Africa Finance Summit
The Rise of FinTech_ How Is It Revolutionizing The Future of Finance_.pdfAnil
The evolution of FinTech (Financial Technology) drastically transformed the way traditional financial institutions – insurers and banks functioned. To thrive, global companies, retailers, and large tech giants realized the need to reinvent the value chain of financial services.
Digital Payment Market size is projected to reach US$ 24.31 Trillion by 2030, according to Renub Research. The digital payments industry has experienced speedy expansion due to Internet evolution and increased e-commerce. Digitalization has brought about diverse digital payment alternatives, including payment cards, virtual and mobile wallets, digital cash, and contactless methods.
Navigating The Future of UPI & Digital Payments in 2024ITIO Innovex
As UPI and digital payments continue to grow, white label payment gateways are also playing a crucial role in facilitating secure transactions, supporting diverse use cases, and driving innovation in the financial sector. Visit us at: https://itio.in/services/white-label-payment-gateway-solution
Secure Payments: How Card Issuers and Merchants Can Stay Ahead of FraudstersCognizant
Our latest research reveals that merchants and card issuers should take a layered approach to mitigating risk, by working with consumers to improve fraud detection and prevention.
يسلط الكتاب الضوء على دور اقتصاد البيانات في دعم الأنظمة الاقتصادية الوطنية، وإرشاد القرارات والسياسات في مختلف القطاعات. ويقدم مجموعة من التوصيات لتطوير السياسات التنظيمية والبنى التحتية ودعم الابتكار وتشجيع نمو القطاع الخاص وريادة الأعمال.
يسلط الكتاب الضوء على أهم أبعاد التحول الرقمي الحكومي، ويقدم أطر ومفاهيم عامة لتصميم وتطوير المنظومات الخدماتية القائمة على إنشاء القيمة وتحقيق النمو الاجتماعي والاقتصادي
يتناول الكتاب المتغيرات التي فرضتها التكنولوجيات الحديثة على المفاهيم المرتبطة بالنقد، ودور العملات الرقمية في تشكيل مستقبل الأسواق العالمية.
ويتطرق أيضاً إلى التحولات الكبيرة في الاقتصاد العالمي الجديد، ودور العملة في الاقتصاد، والمشكلات التي تواجه العملات بشكل عام والورقية على الأخص، والمدفوعات والعملات الإلكترونية، ومفهوم العملات الرقمية الحكومية والتجارية والافتراضية والمشفرة والمستقرة، هذا بالإضافة إلى مميزات العملات المشفرة ومخاطرها، والقيم المتذبذبة للعملات التجارية، والترويج الذي يتم لها.
كما يستعرض الكتاب التجارب الدولية للعملات الرقمية، والتجارب العربية في هذا المجال، والمواقف الحكومية من العملات المشفرة، وعملة الـفيسبوك، ومستقبل العملات الرقمية والمدفوعات الرقمية، هذا بالإضافة إلى دور تكنولوجيا البلوك تشين في تأمين المعاملات المالية.
ويضع الكتاب النموذج المتوقع لعمل العملات الرقمية الحكومية، وذلك من خلال التطرق إلى 9 خصائص رئيسية مطلوبة لأي منظومة عملة ناجحة من العملات الرقمية، وكذلك 8 مكونات أساسية لنموذج عمل العملات الرقمية الحكومية، مع شرح آلية عمل النموذج.
ومن بين أهم التوصيات التي أوصى بها الكتاب هو ضرورة أن يتوحد العالم العربي لدراسة وتأسيس عملة رقمية وفق منهج علمي مدروس وجماعي، تكون الأولوية الحاكمة فيه هي التوافق والتكامل.
يشير الكتاب على أن التنمية الفكرية في بناء المؤسسات تمثل إحدى أهم الأبعاد المحورية نحو المجتمعات والاقتصادات المستدامة، ويبين أن وصول المؤسسات للقمة والتميز يتطلب منها تكوين فهم دقيق للقيمة المضافة التي تنشئها المؤسسة قبل بحث الكيفية والوسيلة، وأن القدرة على الابتكار والتغيير والتحديث هي السمات التي يمكن من خلالها أن تسهم في توفير قوة دافعة للمؤسسة للتميز والاستدامة.
ويتناول الكتيب عدة محاور ضرورية من شأنها أن تعزز من إسهامات القيادات الشابة في مؤسساتهم، والتي جاء في مقدمتها: مفهوم القمة في العمل المؤسسي، ومجالات وصول المؤسسات للقمة، وأدوات الوصول للقمة والمحافظة عليها؛ وشرح لمفاهيم الإدارة المتميزة، وأساسيات إدارة الموارد البشرية، ومدى الاستفادة من التكنولوجيا، وما يحمله المستقبل من تطورات في مجالات جديدة بالثورة الصناعية الرابعة، وطريقة الوصول للقمة، وكذلك استمرارية البقاء على القمة التي تستدعي التعلم بشكل مستمر، وكيفية استدامة التميز المعتمدة على المنهج المتكامل القابل لتحديد نفسه بصفة دائمة.
يتطرق الكتاب إلى بعض المعطيات التي أصبحت تدفع نحو تحولات كبيرة في النظام الاقتصادي العالمي، ويتناول توقعات المؤسسات الدولية لأداء الاقتصاد العالمي.
كما يضع الكتاب عدد من السمات المفترضة للنظام الاقتصادي الجديد خلال فترة ما بعد (كوفيد 19).
يتناول الكتاب الصادر من مجلس الوحدة الاقتصادية العربية بجامعة الدول العربية بعنوان “الاقتصاد الرقمي ودوره في تعزيز الأمن الوطني”، الفرص التي يمتلكها الاقتصاد الرقمي ويدعو للتركيز على الاقتصاد الرقمي كعنصر تنموي استراتيجي لتطوير مقومات الأمن الاقتصادي.
The study highlights the effects of the revolutions and unrest in Arab countries with an attempt to provide an overview of Arab present and its prospects. It primarily recommends the adoption and employment of advanced technologies in reconstruction efforts and supporting the development of resilient and sustainable economies.
The book is designed to promote understanding of conflicts in organisations, and establish how they can be handled effectively, and make them work as opportunities for improvement and constructive change.
دراسة موجزة لمجلس الوحدة الاقتصادية العربية بجامعة الدول العربية حول آثار أزمة جائحة كورونا على الدول العربية وتقدم توصيات لمتخذي القرار وراسمي السياسات للتعامل مع تداعيات الأزمة.
The book pinpoints that the digital future is exposed to the danger of chaotic, unregulated growth, which constitutes a challenge for countries that still operate according to traditional economic models, and that public thinking in the Arab region in facing challenges still follows the "reaction methodology" and temporary solutions with short-term prospects, and that this is confirmed by the current international indicators of its competitiveness. The book proposes that in order to address this, visions and efforts should be based on strategies driven by scientific methods, and with it the Arab countries must develop a clear understanding of the main challenges before jumping to seize opportunities.
The book shows that it is fundamental for policymakers and decision-makers to have precise and accurate understanding of the intricate details in digital transformation initiatives and the role that modern technologies can play in changing the rules and systems of current practices, and in how to develop digitized, more innovative business models with which to build resilient and sustainable social economies and systems.
The book also draws on the current data and indicators of the global economy and that they are pushing to form a worrying picture of weaknesses in Arab countries, which in turn may threaten the stability of the entire region, especially with regard to the "cognitive decline" and “increasing unemployment rates” and “poor economic performance"; and that these challenges call for dealing with it as key strategic indicators that require urgent action plans; with emphasis that these plans need to be designed to reflect different ways of thinking and adapted to the nature of the requirements and challenges of the 21st century and treat them as forces and positive factors.
The book highlights the importance of accelerating the implementation of a set of initial reform projects to encourage the development of more dynamic and developed digital business environments in the Arab region, in parallel with the development of educational systems and healthcare, and strengthening agricultural capabilities to achieve food security targets, and focus on economies based on industry and production, and promoting the development of Arab digital platforms to support e-commerce practices.
يتطرق الكتاب إلى تحليل الوضع الراهن لمشاريع التحول الرقمي في الحكومات العربية، والمراحل الأربعة للتحول في المنظومة الحكومية، وأهم العوائق والتحديات التي تعطل مسيرة التطور والتقدم ويقدم الكتاب بعض الحلول الموجزة والمقترحة في هذا السياق.
ويوضح الكتاب بأن مفاهيم الصناعة باتت تدفع بتطبيقات ممكّنة للآلات للتواصل فيما بينها من خلال الشبكات الإلكترونية واتخاذ القرارات اللامركزية بمستويات تفوق القدرات البشرية. كما أن ذلك أصبح يدفع أيضاً إلى ظهور نماذج عمل للمؤسسات أشبه بـ «المصانع الذكية» تتميز بقدراتها الآلية على التطوير الذاتي والتعامل مع المتغيرات والتعلم المستدام، والقدرة على تطوير المنظومات الخدمية والإنتاجية بمستويات كفاءة وفاعلية ومستويات أداء غير مسبوقة؛ وأن المؤسسات في المنطقة العربية لم يعد أمامها خيار سوى الاستمرار ومواكبة التقدم في تنفيذ مشاريع التحول الرقمي.
وجدير بالذكر أن المنطقة العربية وكثير من دول العالم شهدت في العقدين الماضيين آلاف المبادرات والمشاريع في مجال التحول الرقمي، مستهدفة دعم قدراتها كحكومة مسئولة عن صناعة العديد من القرارات وتقديم الخدمات، وانطلاقاً من رؤية القيادات في هذه الدول لتحويل الخدمات الحكومية إلى خدمات إلكترونية وذكية.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Cards and payments keynote
1. (1) your Excellencies/distinguished guests/Ladies and Gentlemen, Good morning
It is my pleasure, to welcome you all here today, to the 15th
, Annual Cards and Payments
Middle East, conference and exhibition,
and it is indeed my privilege to address this eminent gathering today.
(2)
Emirates Identity Authority is once again honored to be the official Government Partner
for this event.. and I am sure that, in the course of these two days, we will all, see many
innovations, and creative developments, in the cards and payments technologies,
these will be two days of inspiration, two days of looking into the future of our industry,
and the opportunities it presents.
(3)
Indisputably, as with other technological developments, the smart cards and payments
industry, is evolving so rapidly, and in somewhat transforming ways! In short: it is a
growth that has been phenomenal.
A quick glance at some numbers, tells us how the cards industry, has emerged in the
recent years.
Let us go through some of these numbers:
(4)
As per the latest statistics published in 2013, there are more than 1.8 billion,
active payment cards around the globe.
(5)
Around 4 trillion dollars is a total of what was spent at merchants in the year
2013
(6)
In the next three years, exponential growth is projected, with expectations of
purchase transactions, to reach 280 billion, by the year 2018..
with little conservative calculations, we are talking here about trillions of dollars
worth of transactions!
(7)
in the next 3 years, global e-commerce, is also expected, to grow, from current
1.5 trillion dollars, to 2.5 trillion dollars.
(8) Amazing numbers indeed!
2. However, we are still of the belief, that we have not yet, exploited the full
potential of the digital age.. the numbers, we talked about, represent, as only, as
fractions of the potential!
(9)
Just imagine, from a merely 16 million people (less than 1% of global population)
were accessing the internet in 1995, today we have nearly 3 billion people
(about 40% of the global population) accessing the internet.
For sure, this has contributed to the exponential growth in the domain of
commercial transactions. But this is also, showing that we still have, huge growth
opportunities, yet to be realized.
(10)
The pace at which current markets are developing is owed to the evolution of
technology that has enabled electronic remote transactions with digital payments
processing capabilities.
The securities of, chip and pin, and cryptography, have helped to enhance payment
technologies and promoted extending the landscape of participatory users.
(11)
However, as we all have learned, no growth is devoid of risks and frauds.
Some following numbers would give us a sense of the landscapes of how the payments
have been manipulated in the recent years.
(12)
As per recent reports, global, credit and debit cards, fraud losses exceeded 11
billion dollars during 2012.
(13)
Another report published recently, revealed that, retailers have incurred more
than $580 million in debit card fraud losses
and that they spend $6.5 billion annually on credit and debit card fraud
prevention capabilities.
The cost associated with such fraud prevention systems is only rising!
3. (14)
Another interesting piece of information.. it has been reported that, card issuers
losses, occur mainly at the point of sale from counterfeit cards
while merchants losses occur mainly in situations where cards are not present in
transactions .. on the Web, at a call center or through mail orders for example.
(15)
Another interesting piece of information.. 59% of the more than 37 billion debit card
transactions that were made were verified by physical signature ..
and that 85% of all fraudulent debit card transactions involved human signature
“verification,”
put differently; (85%) of debt card fraud losses stemmed from signature based
transactions.
(16)
Identity theft as a form of fraud that often results in un-authorized credit card and debit
card transactions has increased by almost 100% in the last few years.
As such, fraud containment and risk mitigation will continue to dictate online and
electronic payments…. together with huge efforts and investments to protect the
payments system as a whole.
(17)
Smart cards such as chip and pin, chip and signature, use of biometrics in identity
verification, digital signature and associated cryptography for transaction authentication
are becoming the order of the day… they are, and will continue to transform the cards
and payment industry and the ways we, as individuals, will use them!
4. (18)
Further, we see some fascinating developments:-
We are actually witnessing developments in real life .. straight out from our sci-fiction
movies .. where a retina scan and a voice recognition system actually authenticates the
customer over remote channels.
(19)
Quantum computers crunching numbers, at unbelievable speeds, to check the customer
history and risk assessment..
(20)
and advanced robots identifying, picking up and delivering the goods from an
automated super store, or payment transfers taking place in real time across the globe..
these are no longer the realm of fantasy film makers.. but a reality.
(21)
Embedded Chips in the people? An encoded live DNA in a human with identity
credentials – we are there! In fact, It is here!
(22)
All such developments are pushing not just the payments industry but also the
governments and business alike to reinvent themselves.
(23) Ladies and Gentlemen,
Digital identity, government-based or provided through third party identity services are
increasingly being adopted following closely coordinated efforts.
5. (24)
It is in this context, where smart Government and Smart Services initiatives of UAE take
prominence.
Emirates Identity Authority with our National Digital ID Program and the issuance of a
state of art smart card as a tool for digital identity credentials plays a key role in
facilitating the smart services with the underlying secure digital identity for every single
legal resident in the country.
(25)
With a 100% enrollment in the National Population Register, the UAE has the unique
distinction of placing verifiable digital identity credentials in the hands of every single
citizen and legal resident in the country.
(26)
The impacts and the implications of this fact are obvious. We are in the throes of an
accelerated e-transformation in the country. The National Identity Management
Infrastructure serves to provide a unique and common digital identity across all the
service providers; be it government or private sector.
(27)
The ability to verify and validate this identity in real time, not only enables cross domain
service provisioning, but also cross domain service delivery. A major beneficiary in this
scheme indeed would be the financial industry.
(28)
Imagine the scenario where a customer seeks to conduct a financial transaction like
acquiring high value assets such as a car, a house or such property. This scenario
involves not just the buyer and the seller, but a financier such as a bank, a regulator and
a credit risk assessor.
(29)
The current situation demands customers to submit multiple documents for
identification and statements of financial capabilities. Multiple agencies are involved in
credit assessment and mortgaging. The process of acquisition could take days if not
weeks in completion.
(30)
The UAE national identity management infrastructure seeks to bring this acquisition to
real time enabling instant gratification to the buyer. An Identity card issued by the
Emirates ID Authority is presented to the property seller which is verified and validated
for authenticity by Emirates ID online systems.
6. In turn this ID validation is referred to a financial institution of the buyer’s choice. A
credit assessment is made available in confidence to the financial institution which can
then decide and approve of the financial arrangements.
(31)
A contract is entered into by the three stakeholders - the buyer, the seller and the
financial institution and the transaction will be digitally signed with the respective ID
cards of the representatives. Acquisition is completed.
This, Ladies and Gentlemen is the true digital enablement of the country.
Identity Management Infrastructure, managed by Emirates Identity Authority will
support this transformation in the country, and the development of the new economy.
(32)
Our recent efforts with the leaders in the payment industry in the UAE have borne fruit,
and the use of the ID card as a secure identity mechanism in the ATMs has become a
reality. You will soon see the ID card being used for not just for secure withdrawals but
also for conducting secure and authentic transactions at the Points of Sale.
The ID card would typically act as a government backed authentication mechanism,
bringing in an exponential enhancement to the security and prevention of Identity
related frauds.
(33)
Following the current national initiatives on smart government, Emirates Identity
Authority is enhancing the ID Management Infrastructure by Mobilifying the Digital
Identity.
This entails the use of UAE's Identity Management infrastructure for providing
credentials in the mobile (GSM) cards to support mobile identification and
authentication.
(34)
You will soon see this in action with mobile phone users enabled to use the digital
credentials in their mobiles and conducting transactions with digital signatures.
This digital transformation will enable the nation to take a frog leap in business
competitiveness by saving millions in terms of costs related to frauds and fraud
containment.
7. (35) Ladies and Gentlemen,
Surely, the speed at which technological developments are advancing will not only add
to the complexity of the interesting times we are witnessing in this digital age, but make
us seem myopic in our views of how even the short term future could look like!
(36)
With such developments and speed, the expectation bar is raising to new levels!
Regardless of the industry, government or private sector, they all have difficulties
keeping up with the new ‘expectations-normal’.
(37)
We are strongly of the view that we need to work together to make this world a better
place for everybody to live in.
This requires that we share knowledge, and work collaboratively. This event, is one of
such attempts, aimed for such cooperation.
(38)
I thank the organizers for their great effort.. and wish you all, a very fruitful association
in the coming days.
Thank you.