Nov 13, 2020 - Senior payment execs to set up umbrella entity under new RBI norms

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TradeBriefs Editorial

From the Editor's Desk

The Great Covid-Driven Teamwork Divide

For most teams, the pandemic either brought colleagues closer or drove them increasingly apart. There are three key reasons why.

What makes a team more than the sum of its parts? Its cohesion or connectedness, which allows for pooling of individual members' strengths and compensates for their weaknesses. Accordingly, Google's landmark Project Aristotle study found that the single most important driver of team performance was not the skills, intelligence or personality of a team's members, but rather the quality of the team's interactions and whether members felt psychologically safe.

The Covid-19 pandemic is perhaps the greatest threat to team connectedness we have ever seen. Colleagues who were mostly co-located - often literally within arm's reach of one another - have been forced to disperse across cities, even countries. As we saw this occurring, we fretted for the future of these teams. Would close working relationships built up over months if not years simply be scattered to the four winds? To capture the effects in real time, we launched a survey back in June about how teams were being impacted by Covid. More than 500 professionals around the world responded.

The findings surprised us.

Continued here


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RTGS payments to be available round the clock starting Dec 1. Check details here

Under the current rules, the transfers can be made between 7 am and 6 pm on all working days except for the second and fourth Saturday of the month and on Sundays



Today's TradeBriefs Cartoon

Will the new market share cap on UPI apps affect the user experience?

UPI has undoubtedly become the face of a cashless India. The use of this ingenious payment interface has made it possible to make swift and simple digital transactions. So it is hardly a surprise that as many as 2 billion UPI transactions took place in the month of October alone! In the midst of this exponential growth in the UPI industry, the National Payments Corporation of India (NPCI) has made a rather shocking announcement that has ruffled many feathers amongst Third-Party Apps like Google Pay and PhonePe.

Businesses get 4 months to implement QR code-based payment system

The government had also instructed tax officials to verify deemed GST registrations granted to business entities without Aadhaar authentication.

Personal data protection is essential to fully capitalise on the benefits of India's digital revolution: Cyble

/PRNewswire/ -- As an unfortunate flipside to the new data-fuelled World order, the growing digital interconnectivity has paved the way for greater...

Digital India’s regulatory paradox

By moving to censor online content, resorting to frequent internet shutdowns, government could end up stalling sector's innovation, growth.

Digital learning in govt higher educational institutions from 2020-21 academic yr

The Karnataka government on Monday said it has decided to implement Learning Management System (LMS) based digital learning in government higher educational institutions from the 2020-21 academic year.

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