Which Digital payments has acquired Wibmo recently?
Options
A. PayU
B. PayPal
C. Paytm
D. MobiKwik
Correct Answer
PayU
Explanation
PayU, Digital payments security and payment facilitator has acquired Wibmo, a US-based financial technology for USD 70 million to assist the company scale-up its business. Under the agreement, Wibmo will continue to serve all of its clients as a wholly-owned subsidiary of PayU. The accession integrates PayU's strong merchant network and "Wibmo" leadership for digital transaction security solutions to offer payments solutions in India for growth markets.
Business problems
Search Results
1. Who has collaborated with MobiKwik to launch a smart digital insurance product to enhance financial inclusion?
Mobikwik, digital financial services company collaborated with pioneer of digital insurance in India, Aegon Life Insurance to launch a Rs 20 smart digital insurance product in order to protect its wallet users from death and accident related disability cover for up to Rs 2 lakh. he main objective for this initiative is to improve the insurance penetration in India (this is currently at 3.7%) , that is to drive financial inclusion for the masses. The company has created 3 variants of the amount assured between Rs. 1 lakh, Rs.1.5 lakh and Rs. 2 lakh at no extra cost and the policy can be availed at a premium of Rs 20, Rs 30 and Rs 40 respectively depending on the protection amount and this is issued instantly. The insurance product launched is termed as the Aegon Life Group Term Plus Plan. It is available on MobiKwik App.
2. Name the IT company which has partnered with Google to Build Industry-Specific Cloud Solutions.
Tata Consultancy Services partnered with Google Cloud to build industry-specific cloud solutions. TCS' solutions on Google Cloud Platform (GCP) will help enterprises build secure, cloud-native analytics platforms that enable high levels of personalization, and are cost-effective, easy to maintain, and future ready.
3. Pierre-Dimitri Gore-Coty has appointed as the head of this company's Asia-Pacific region.
Amit Jain, Uber's Asia-Pacific region (APAC) Head, announced his resignation at the end of May 2019 after four-year service to spend time with his family. Uber's head of Europe, Middle East and Africa, Pierre-Dimitri Gore-Coty will take over the additional charge of APAC. In June 2015, he had joined Uber as India head and become APAC chief in May 2018.
4. ElectionGuard a free open-source Software Development Kit was unveiled by which company?
Microsoft CEO, Satya Nadella has announced the launch of "ElectionGuard", a free open-source Software Development Kit(SDK) to help nations to carry out secure and verifiable voting. Developed by Galois, "ElectionGuard" is a supplement to paper ballots. It is verifiable as it allows the voters and third-party organizations to verify election results. "ElectionGuard" provides a voter a unique code. During the process of voting, voters have an optional step which allows them to track their votes from the moment he/she casts it, after the voter has verified the selections are correct to the final step of counting the votes. It does not work with vote-by-mail systems and is not designed to work with internet voting schemes as it can be easily hacked.
5. Which company has signed a deal with India Post to transform country's mail delivery system?
India's largest IT services company, Tata Consultancy Services (TCS), has partnered with the Department of Posts in a bid to transform it into a multi-service digital hub, modernise the delivery of mail and packages, enhance customer experience, and launch innovative services that will drive new revenues. In 2013, TCS had announced receiving an over Rs 1,100 crore multi-year contract from the Department of Posts (DoP) for an end-to-end IT modernisation programme. Core System Integration (CSI) program designed and implemented by TCS, involved deploying an integrated ERP (enterprise resource planning) solution that caters to mail operations, finance and accounting, and HR functions, and connects its vast network of more than 150,000 post offices, making this the largest distributed ePostal network in the world. TCS is the same company that, along with the Ministry of External Affairs, revamped India's passport services through the Passport Seva Kendra (PSK) initiative and 'Student Connect'.
6. Name the company which launched One Touch with the help of Google Smart Lock for seamless transactions?
PayPal India used Google Smart Lock and launched its OneTouch experience in India. OneTouch feature permits Indian consumers to register their android device with PayPal and stay logged into PayPal for further PayPal purchases on that device, thus removing the issue of repeated log-ins and enabling a seamless payments experience. The integration with Google Smart Lock will offer a hassle-free payment procedure as well as maintain security to prevent fraud. India becomes the first market where the feature of Google Smart Lock has been integrated.
7. Which of the following company won $1bn investment from Toyota, SoftBank fund?
UBER unveiled an investment of $1 billion in U.S. company Uber to drive forward the development of driverless ridesharing services. The latest cash injection, expected to close in the third quarter this year, came amid fevered anticipation of Uber's public share offering which is expected to be the largest in the tech sector for years. Toyota has already invested $500 million in Uber as the firm races Google-owned Waymo and a host of other companies, including major automakers, to develop self-driving vehicles.
8. Which of the following has launched a mobile app, "My Circle" in collaboration with FICCI Ladies Organisation (FLO) to assist women in case they face any panic situation or problem?
Bharti Airtel has launched a mobile app, "My Circle" in collaboration with FICCI Ladies Organisation (FLO) to assist women in case they face any panic situation or problem. The application will allow women to send SOS alerts to any five of their family or friends in 13 languages by pressing the SOS prompt on the app. The app has been developed by Airtel X labs and was conceptualised by an all-women cross-functional team.
9. Which city is the venue of the ICT Academy Bridge 2019 conference?
Madhya Pradesh Chief Minister Kamal Nath launched his government's Rs 50,000-crore farm debt-waiver scheme named 'Jai Kisan Rin Mukti Yojana'. It is expected to benefit 55 lakh small and marginal farmers. The eligibility cut-off date has been extended to December 12, 2018, from March 31, 2018. Only those farmers who have not registered themselves to pay GST and income tax can avail benefits under this scheme.