How To Use MobiKwik Pocket UPI For Simplified UPI Payments

The fintech sector has rapidly evolved by leveraging technology to offer cutting-edge solutions that enable users to manage their finances more effectively and securely.

However, recent data from the Reserve Bank of India (RBI) reveals that during the first half of FY24, over 14,000 banking-related scams took place. As these scams become more sophisticated, fintechs are proactively implementing solutions to strengthen the security and trust of their users.

MobiKwik, a fintech company is leveraging the power of UPI by enabling its users to make safe transactions with Pocket UPI - a powerful feature that enhances the functionality of its digital Wallet. Pocket UPI enables users to leverage their MobiKwik Wallet to make payments across all operators’ QRs and UPI IDs seamlessly, without directly linking the bank account.

Pocket UPI enhances security by reducing repetitive exposure to the bank account while making UPI payments. It is a convenient option to make UPI payments for minor and recurring expenses, as it consolidates minor and recurring expenses, decluttering bank statements for improved financial visibility. It works 24/7 even during bank downtimes.

How to get started with Pocket UPI? The process is easy:

First, scroll down on the MobiKwik app and select Pocket UPI. To create your Pocket UPI ID, you must first complete the KYC. 

Load your MobiKwik Wallet. You can add balance to your Wallet using UPI, debit cards and credit cards.

Once your balance is topped up, you can start making UPI payments through the Wallet to any QR code, contact, and UPI ID.

How to pay using Pocket UPI?

Tap on the scan icon.

Scan the recipient’s QR code or enter the name/phone number/UPI ID in the bottom bar.

Enter the desired amount.

Choose Pocket UPI from the drop-down menu.

Tap on confirm payment.

Once the payment is made, MobiKwik will send you an alert via text message to confirm the payment along with the remaining balance in your Wallet.

To learn more about how Pocket UPI works, please take a look at our blog. You can also check out this video to see Pocket UPI in action: Know how to use Pocket UPI.

About MobiKwik

MobiKwik is a fintech company that is a comprehensive provider of financial products and services. Our products range from payments to digital credit and investments, enabling our users to meet their financial needs.

Founded in 2008 by Bipin Preet Singh and Upasana Taku, MobiKwik has grown to serve over 146.94 million registered users across India, with a merchant network of over 3.81 million as of September 30, 2023.

Ozonetel Launches AI-led Solution Suite, Built Exclusively For Digital-First Customer Experience

* Enterprises can now deliver superior digital experience across multiple customer touchpoints and amplify growth opportunities from millions of digital interactions.

Ozonetel, an industry leader in the Customer Experience (CX) space, today announced the launch of an AI-led solution suite, designed exclusively for digital-first customer experience. The digital suite leverages GenAI capabilities and LLMs (Large Language Models) purpose-built and fine-tuned for CX.

The digital CX solution suite, tightly integrated with Ozonetel’s award-winning unified CX platform, helps organizations orchestrate and streamline customer journeys from start to finish across multiple digital touchpoints. Enterprises can now power and manage millions of digital customer interactions across WhatsApp, social media, SMS, and other advanced messaging channels. These digital channels work seamlessly alongside Ozonetel’s voice solutions, enabling a comprehensive customer experience on a single, unified CX platform.

In today's digital landscape, many enterprises struggle to effectively leverage new technologies to their advantage. One major challenge is the absence of a unified interface to manage and analyze customer interactions across various digital channels in real-time, and at scale. This results in fragmented interactions and subpar customer experiences that impede business growth opportunities. Additionally, enterprises also face the burden of managing multiple vendors, resulting in customer data silos and operational complexities across different business functions.

Discussing the endless possibilities of the AI-led digital CX solution suite, Prashanth Kancherla, Chief Product Officer of Ozonetel said “There has never been a stronger link between exceptional CX and business growth. And AI and digital play a transformational role here. Ozonetel’s digital CX solution suite is tailor-made to seize this opportunity. Many of our enterprise customers have already embraced our digital CX offering and are driving business growth with it – doubling ROI on sales in real estate, increasing brand engagement fivefold in hospitality, and doubling average order values for e-commerce. We believe this suite will enable businesses to completely reimagine CX for today’s digital-first customer, hyperscale customer engagement, and supercharge business growth.”

Some key capabilities of the AI-led digital CX suite include:

Digital Customer Journeys: Businesses can orchestrate multiple digital customer journeys with intuitive low-code tools, eliminating fragmented customer interactions and disconnected CX.

Digital Conversational Marketing: Amplifies customer reach, enabling personalized, timely customer engagement, at scale, across digital channels.

Digital Self-service: Powers millions of customer interactions across multiple digital channels with GenAI-powered chatbots and seamless human handoff to improve CX.

Digital CX from Field: Empowers team members who are on the field to digitally engage with customers – anytime, anywhere – with zero compromise on security and customer privacy.

Omnichannel+ Digital CX: Creates a unified experience for customers by enabling businesses to use multiple channels (digital and/or voice) together, at the same time, leading to faster service resolution and higher sales conversions.

Digital Conversational Intelligence: Assists agents with real-time actionable advice from millions of digital interactions. Empowers businesses to leverage GenAI and Voice of the Customer insights to enhance customer experience.

About Ozonetel

Ozonetel is an industry leader within the Customer Experience (CX) space, offering businesses a robust, omnichannel platform to manage end-to-end communication flows. Its AI-powered, unified CX platform has enabled over 3,500+ businesses to simplify, manage, and analyze interactions at every step of their customer communication and engagement journey. The platform helps enterprises to engage with customers at every touchpoint across voice, chat, SMS, WhatsApp, and other digital channels. It fully integrates with CRM and other business applications and offers a truly omnichannel experience for customers. For more information, please visit www.ozonetel.com

SAP Labs India Collaborates With Akshadhaa Foundation To Boost Digital Learning For The Neurodiverse Community

* The program will help neurodivergent individuals build technical and job-readiness skills. 

SAP Labs India announced today its collaboration with Akshadhaa Foundation to launch a digital learning program tailored to the needs of neurodivergent individuals, under its CSR initiative, Code Unnati. The program aims to create employment opportunities for the neurodiverse community by equipping them with not just technical skills, but also job-readiness skills necessary to pursue meaningful careers.  

This digital learning program reaffirms SAP Labs India’s commitment to promoting skill development and employment equity, spearheading a movement towards a more inclusive workforce. Code Unnati serves the youth in the age group of 14-30 years, and provide them with skills, knowledge, and values for a rapidly changing world. This comprehensive skill set empowers youth for lifelong learning and success in an evolving global business landscape. With this, SAP aims to address income inequality by connecting beneficiaries to employment or entrepreneurship opportunities. 

On the occasion, Sindhu Gangadharan, Managing Director, SAP Labs India; Head of Customer Innovation Services, SAP, said, “At SAP, our vision revolves around creating an inclusive future where everyone has equal access to opportunities and resources. We have several initiatives in place to empower neurodivergent community, and this partnership with Akshadhaa Foundation will help us further extend our efforts to the larger community. The digital learning program aims to unlock the full potential of neurodivergent talent by helping them break down employment barriers and enter the workforce. I am confident we will witness an organizational culture that not just empowers but celebrates all of us.” 

On the occasion, Sumana Dutta, Founder & Executive Director, Akshadhaa Foundation said, “The collaboration between SAP and Akshadhaa Foundation epitomizes the power of partnership in fostering inclusion and empowerment. By leveraging SAP's expertise and Akshadhaa's dedication, we are paving a path of opportunity for neurodivergent individuals, particularly those with autism, in the IT industry. Together, we are not only building skills but also breaking down barriers, ensuring that everyone has a chance to thrive and contribute meaningfully. We envision our partnership as a catalyst for positive change, inspiring others to join us in creating a more inclusive and equitable future.”  

SAP's dedication to the neurodiverse community extends beyond its organization to the larger ecosystem. In addition to its ‘Autism at Work’ program, which is aimed at recruiting and supporting neurodivergent individuals, particularly those with Autism Spectrum Disorder (ASD), it has also pioneered a network community of corporates to come together and advocate for neurodiverse employment. The ‘India Autism at Work Summit’ is one such initiative by SAP Labs India that aims to celebrate the success of neurodivergent individuals and create a collaboration platform for the community.  

About SAP  

SAP’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable intelligent enterprises. We help by providing people and organizations with deep business insights and foster collaboration that helps them stay ahead of their competition. SAP simplifies technology for companies so they can consume SAP software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. 

For more information, visit www.sap.com 

About Akshadhaa Foundation 

Akshadhaa Foundation, an 80G and FCRA registered organization, has been dedicatedly serving the neurodevelopmental disability community for over a decade. Through a range of comprehensive therapy services, special education, vocational training, and community outreach initiatives, we aim to empower individuals with disabilities to lead fulfilling lives and integrate into mainstream society. From early intervention to vocational skill-building, we prioritize holistic development and inclusivity. Our community projects extend the impact beyond our walls, reaching families, caregivers, mainstream schools, and underserved communities. With a proud legacy of impacting the lives of 22 thousand beneficiaries, Akshadhaa Foundation’s “Life cycle Approach” bridges the gaps and fosters a more inclusive society for all. 

For more information, visit www.akshadhaafoundation.org/

First Advantage Releases Q4 2023 India Employment Screening Trends Report

* IT Sector Shows Discrepancy Trends in Q4-23.

First Advantage Corporation (NASDAQ: FA), a leading provider of employment background screening, identity, and verification solutions, announces the publication of its Q4 2023 India Employment Screening Trends Report. The 32-page document is a compilation of anonymized data and analytics from the Company’s background screenings performed for its customers in the Indian market during the fourth quarter of 2023.

In Q4-23, Industries such as IT, Consulting, Manufacturing, Education, and Telecom sectors

had discrepancies in percentages that were much higher than the overall average of 10.53 percent.

Other notable findings include:

·         Employment - IT, FMCG, Staffing and BPO sectors led to a rise in discrepancy in Q4-23 compared to Q3-23.

·         IT, Telecom & Services Industries had higher discrepancies compared to Q3-23.

·         For Employment Verifications - IT, BFSI, Consulting, BPO, and Services

sectors have shown a higher inclination towards alternate modes of verification.

About First Advantage:

First Advantage (NASDAQ:FA) is a leading provider of employment background screening, identity, and verification solutions. First Advantage delivers innovative services and insights that help customers manage risk and hire the best talent. Enabled by its proprietary technology, First Advantage helps companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants, and drivers. Headquartered in Atlanta, Georgia, First Advantage performs screens in over 200 countries and territories on behalf of more than 30,000 customers. For more information about First Advantage, visit its website at https://fadv.com/.

Explore The Fossil Spring 2024 Collection For Fresh Fashion

~Dive into Elegance and reinvent your style with exceptional Timepieces and Accessories~

Get ready to step into the spring season with the Fossil Spring 2024 collection, inspired by the effortless elegance of Kriti Sanon and Varun Dhawan. With a range of classic timepieces, timeless accessories, and leather goods, each piece is designed to elevate your look and ignite your springtime spirit. Whether you're exploring the blooming outdoors or enjoying cozy indoor moments, these captivating accessories are your perfect companions on every journey, effortlessly infusing sophistication and craftsmanship into your ensemble.

FOR HER

Sharing her thoughts on the Fossil Spring 2024 Collection, Kriti Sanon, brand ambassador for Fossil India, stated, “The latest collection from Fossil is truly a dream for every woman." She further expresses, "With accessories ranging from style-forward to timelessly classic, there's something to suit every personal style. Each piece in the collection, be it the iconic timepieces, the innovative watch rings, or the wear-everywhere bags, exudes charm and confidence, making it the perfect companion for the modern woman.”

Timepieces

Introducing our versatile Carlie collection, perfect for any occasion, blending casual flair with a touch of elegance. Boasting a revamped '90s-inspired T-bar and a captivating bracelet design, this watchpiece showcases a sleek 28MM stainless steel case complemented by a silver sunray dial adorned with luminous hands, Roman numeral, and stick indices. Priced at INR 11,995, it's the epitome of affordable luxury and features in gold, rose-gold and silver tones.

Telling time has never been more stylish—or more giftable, introducing the Raquel Watch Ring. These statement-making trendsetters are coveted for their compact size and unique design, making them an instant favorite. Available in rose gold, silver, and gold tones, the Raquel Watch Ring features a rectangular shape, metallic sunray watch face and a flexible band to fit any finger, each adding a touch of glamor to your daily OOTDs. We assure you that these delightful treasures of timeless joy are sure to leave a lasting smile on your face

Accessories

Our Jessie Bucket Bag is every woman's delight, combining space, versatility, and luxury in one elegant package. Crafted from quality rich brown & black leather that softens with time, this modern take on the iconic silhouette exudes sophistication. Enhanced with Fossil's signature Knurling and an engravable Legacy Charm, it comes in two versatile sizes. Priced at INR 19,995, it represents a timeless investment in both style and quality.

Our woven neutral Jessie Bucket Bag , priced at INR 21,995, is an ideal choice for those inclined towards understated luxury. Featuring a central zipper compartment and a detachable shoulder strap, it seamlessly blends practicality with refined elegance, catering perfectly to the needs of the modern woman on the go.

This Jessie Bucket Bag is our reinterpretation of the iconic silhouette, crafted in captivating woven neutrals and adorned with distinctive Fossil design elements including our Signature Knurling and customizable Legacy Charm.

FOR HIM

"When it comes to choosing accessories like watches, I prioritize designs that seamlessly blend functionality and versatility with effortless style, which is why Fossil stands out as the perfect brand for me and every modern man," shares Varun Dhawan, Fossil India brand ambassador. "As someone who enjoys reinventing his personal style and experimenting with new looks, I find the distinctive, well-crafted watches of the Fossil Spring 2024 Collection to be the perfect companions for all occasions."

Timepieces

Rev up your style and make a bold statement with Fossil Sport Tourer watches, where functionality meets the adrenaline rush of racing. These refined timepieces are more than just accessories, they're an ode to the spirit of automotive culture. With a Japanese center second chronograph movement, high-performance tachymeter bezel, and lume hour markers, each watch in this collection is engineered for the road ahead. Can't decide? Take a cue from Varun's favorites—the rugged brown leather strapped timepiece with an off-white sunray dial, or the sleek silver stainless steel watch boasting a bold black sunray dial. Join the race and let your wrist be the ultimate statement of speed and style.

So, what accessories and classic timepieces are you bringing home this Spring season?

Available at select online and offline stores

ABOUT FOSSIL

Fossil is a leading global lifestyle accessories brand inspired by creativity and ingenuity, dedicated to connecting people to what matters most: time. Fossil takes pride in creating timeless and exceptionally crafted watches, leather goods and jewelry—designed to accompany you on every journey life presents. As a trailblazer in the industry, Fossil brings innovation and style to its accessories, while also working diligently to Make Time For Good™, a platform created to enact positive change for the brand’s people and communities. 

GE Aerospace To Invest Over INR 240 Crore In Expanding Its Manufacturing Facility At Pune In 2024

*  Cutting-edge equipment will support planned production increase.

Close on the heels of launching as a standalone company listed on New York Stock Exchange, GE Aerospace has announced an investment of over Rupees 240 crore (~USD 30 million) to expand and upgrade its manufacturing facility in Pune.

The investment will allow the facility to add new projects and manufacturing processes by acquiring machines/equipment and specialized tools along with capacity enhancement of existing products.

“Our team at are Multi-modal Manufacturing facility at Pune has a strong focus on safety, quality and delivering for our customers. I am delighted to see the expansion at this site which has already become a strong contributor to our global supply chain of aircraft engine components,” said Mike Kauffman, vice president, Global Supply Chain at GE Aerospace.

“This investment helps us to continue our growth in aerospace in India, giving us the resources, we need to meet increasing customers’ demand,” said Amol Nagar the managing director for GE Aerospace’s Pune facility.

Inaugurated by Prime Minister Modi in February 2015, the factory produces components for commercial jet engines. These are supplied to GE’s global factories where they are used to assemble G90, GEnx, GE 9X, which is the world’s most powerful commercial jet engine, and the LEAP engines by CFM, a GE and Safran joint venture. The facility has been instrumental in developing local aerospace manufacturing talent having trained over 5000 people since inception in specialized aerospace precision manufacturing processes.

Certified under ISO14001 & ISO45001, the facility has built environmental best practices and stewardship in the community.  For example, 30% of its power consumption comes from renewable sources, it has zero liquid discharge, recycles and reuses 1 crore litres of water(100 million litres) every year and recycling 20 metric tons of plastic.

About GE Aerospace in India

GE Aerospace has been a partner to India's aviation industry for over 40 years. 700 GE Aerospace and partner engines are in service, powering major Indian airlines. GE Aerospace’s defense engines and systems power Indian Airforce’s Light Combat Aircraft Tejas Mk 1 and helicopters and Indian Navy’s aircraft carrier battleships and frigates. Its Pune manufacturing facility and 13 local India partners are part of the company’s global supply chain. Researchers and engineers at the company’s 24-year-old John F Welch Technology centre in Bengaluru are building the latest aviation technologies. Learn more about GE Aerospace at https://www.geaerospace.com/in

IBM, Microsoft Collaborate To Launch Experience Zone In Bangalore

* New Experience Zone will enable clients to explore joint solutions and engage with experts that can help them scale their business

IBM Consulting and Microsoft today announced the opening of the IBM-Microsoft Experience Zone in Bangalore, India – a first of its kind for the collaboration. The Experience Zone provides a dedicated space for clients to explore how generative AI, hybrid cloud and other Microsoft products and technologies can accelerate their business transformation journeys and help them gain a strategic advantage.

At the Experience Zone, clients from around the globe and across industries can work with IBM Consulting, in various technology zones, to co-ideate and co-create generative AI powered solutions that leverage Azure OpenAI Service, Copilot and other Microsoft technologies. Within the technology stations, clients can explore business solutions for cloud modernization, data, analytics and advanced AI, customer relationship management, employee experience, finance and operations, IoT and edge, and emerging technology including augmented reality and virtual reality. The Experience Zone also highlights industry solutions for the government, retail and energy sectors.

The IBM-Microsoft Experience Zone will provide clients with access to learn more about how to elevate employees’ talents with next-generation skills and access best-in-class case studies. Clients will have opportunities to connect with peers who are harnessing the power of generative AI in today’s competitive marketplace.

“The Experience Zone represents the shared commitment of IBM Consulting and Microsoft to the co-investment, co-creation and co-delivery of joint solutions for our clients,” said Amit Sharma, Managing Partner - Global Delivery, IBM Consulting. “It brings our ‘better together’ philosophy to life, serving as a hub to foster collaboration and creativity. We are excited to present our clients with the opportunity to leverage the joint capabilities of IBM Consulting and Microsoft under a single roof and help them unlock the full potential of AI and hybrid cloud across the enterprise.”

“We are excited to launch the new Experience Zone in collaboration with IBM, bringing together IBM Consulting’s expertise and Microsoft Cloud technologies and services to deliver value for clients,” said Dinis Couto, General Manager of Global Partner Solutions for Microsoft. “Partners like IBM are key to helping businesses deploy AI and hybrid cloud solutions at scale. This brings us closer to clients and underscores our progress as partners.”

About IBM Consulting

IBM Consulting helps accelerate business transformation for our clients through hybrid cloud and AI technologies, leveraging our open ecosystem of partners. With deep industry and business expertise spanning strategy, experience design, technology, and operations, we have become a trusted partner to the world's most innovative and valuable companies, helping them modernize and secure their most complex systems. Our 160,000 consultants embrace an open way of working and apply our proven co-creation method, IBM Garage, to scale ideas into outcomes. As the only major global systems integrator inside a technology company, we don't just advise – we invent and build what's next together with our clients. Find out more at IBM.com/consulting.