23_NWLog

• SVB Collapse Credit Default Swaps - Insurance
• Higher than 2008
• 2020-2022 - Investments - 60B - 190B
• 80B - Invested in Real Estate Securities 
• Bonds - 2% Interest Rates 
• Increase in interest rates caused bonds unattractive
• Bank sold them at losses. 

• 10 Mar 23
• 9am-10am - 43B - 25% of it s deposits
• janet Yellen - US Treasury Secretary - uninsured depositors are also covered - upto 250K
• Mark to Market Losses  
• More than 50% of SVBs long dated securities were under water with mark to market losses
• Silvergate - Bank for Crypto Firms

• Investors have pumped a whopping ₹31,179 crore into debt mutual funds (MFs) in the week ended 31 March, as they tried to take advantage of longterm capital gains tax and indexation
• benefits for the last time, with the government deciding to withdraw the benefits on this asset category from 1 April.
• - Debt Funds will be taxed at income tax slab rate. No indexation
• Earlier, the long-term capital gains from debt funds were taxed at 20% with indexation benefit.

• Purplle, an e-commerce platform for beauty products
• HealthKart, an e-commerce platform for health and wellness products.
• Ankit Oberoi, formerly an associate at Accel, founded AdPushup, a platform that helps publishers optimize their ad revenue.

• The same treatment applies to gains in sovereign gold bonds after a 5-year lock-in period.. If you hold them till maturity (eight years), the proceeds are tax-free.
• You can also invest in gold though multi-asset funds which hold various asset classes such as equity, debt and gold.
• If the allocation to equity is 35% or below that, it will be treated like a debt fund, which means the capital gains will be taxed at the investor's income tax slab rate.
• Equity at 65% or more will mean that the tax rate drops to 10% for gains above ₹1 lakh.
• This is applicable when the holding period is more than one-year and longterm capital gains tax rate apply

A gig economy is a FREE MARKET SYSTEM in which temporary positions are common and organizations hire independent workers for short-term commitments. The term "gig" is a slang word for a job that lasts a specified period of time.

• How can we best serve the specific payment needs of the gig economy as it evolves to dominate the global economy?
• Velo Payments operates a platform that enables businesses to manage and streamline their global payments,
• offering real-time transaction data, automated payment workflows and a range of payment methods in different currencies.

• Use of low code in areas like customer service and product sales to spin up new apps/processes
• - Well controlled and goverened

looking to the future of how banks can adapt and enhance a customer-centric approach to financial services

drive better adoption into our online banking; and, ultimately, drive conversations and opportunities that can onboard customers most effectively

• Uplift’s services are also connected to credit bureaus, so users can improve their credit score when they complete monthly repayments.
• The acquisition is inline with Upgrade’s current strategy of making credit more widely available at the point of sale, as well as making credit available directly to consumers through cards and loans.

attributes the increasing prevalence and success rate of B2B payment fraud to “the fragmentation of payment processes”.

• As a remedy to this increasing problem, the company has sought to offer a “flexible solution” that connects all the data from the payment process to detect and tackle fraudulent activity.
• The company also leverages its Trust Network, which it claims “unites powerful crowd-sourced data from thousands of vendors and businesses,
• further uncovering vulnerabilities and detecting suspicious signals to maximise protection for business payments”.

• By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution,
• Adyen helps businesses achieve their ambitions faster.

• - 3rd Largest - Bajaj Finance, And Bajaj Finserv
• Jio Financial boasts a promising business model and is poised to leverage the escalating demand for financial services in India

Improving the financial wellness of communities by providing access to financial education and promoting financial literacy of individuals and businesses.

• REAL-TIME PAYMENT SYSTEM developed by the Federal Reserve, allowing for instant money transfers between banks,
• individuals and businesses.
• works off the principle of
• real-time gross settlement (RTGS), settling funds almost instantaneously rather than overnight, therefore iMPROVING CASH FLOW AND INCREASING OPERATIONAL EFFICIENCIES.
• Overall, FedNow is a complex project that involves multiple stakeholders across the payments industry, including banks, financial institutions, payment processors,
• technology providers and industry associations.

• offers a payments gateway to enable secure transactions for businesses and consumers in Africa.
• Co-founder and CEO Rahul Jain says the payment firm’s mission is “to enable African businesses and entrepreneurs to succeed in digital commerce”.
• “We want to be the infrastructure layer they build their business on. This was our original vision when we started, and is more relevant today than ever,” he adds.