New York; Oxford : Berghahn Books, [2023]

Every time a transaction is initiated, the backend runs a check whether the customer is using the bank’s mobile app

Even small amounts of ₹1 are transacted on the ‘Made-In-India’ UPI platform

RBI is in no great hurry to immediately announce a nationwide rollout of the central bank digital currency (CBDC)

Festival season spending aided the 45 per cent y-o-y rise in October UPI transactions

Despite the overall fall, the number of deals rose 5% quarter-on-quarter and 54% year-on-year, with a potential revival in Q4. 

Based on data from the Inspector General of Registration (IGR), the city’s home sales value jumped 19 per cent year-on-year (YoY), reaching ₹13,865 crore

The Telecom Regulatory Authority of India, in a consultation paper issued in September, has suggested that users will have the option to opt out of receiving transactional messages

Recovery for creditors could go up at least 10 per cent on such approach, says IBBI Chief Mital; Till Sep 2024, total clawback on avoidance transactions applications stood at ₹7,516 crore

Research Event

Event participants

Christopher K Johnson, Senior Adviser; Freeman Chair in China Studies, Center for Strategic and International Studies
Chair: Dr Michal Meidan, Associate Fellow, Asia Programme, Chatham House 

The audit of Lebanon's central bank accounts announced last month will include every transaction at the bank, Economy Minister Raoul Nehme said in an interview published on Sunday.

This VAT and Duties Tribunal decision, Riverside Sports & Leisure Limited, concerned the grant of a lease over sports facilities. It illustrates the point that value added tax (VAT) can be problematical in the most innocuous of transactions. In...

Transitioning to the cashless society just got easier with FOOi, a digital wallet that enables Canadians to make instant peer-to-peer and peer-to-business payments. And it all began with a conversation about tipping.   “Climbing Mount Kilimanjaro together was easier in some respects than launching this app,” says David Morrison. “We’ve certainly experienced a steep learning…

Co-organised by the Confederation of Indian Industry (CII) and the OECD in New Delhi, discussions at this seminar focused on corruption challenges facing Indian companies today and what can be done to overcome these challenges.

Economy minister says comprehensive inspection is part of measures needed to save economy

India-based merchant payment and lending service provider BharatPe has announced disbursing funds...

South-Africa based PSP Thumbzup and cloud service distributor

Transaction costs can be incurred during various phases of environmental policy making, from planning through to enforcement. A recent study has examined what influences these costs and concluded that policy selection and evaluation could benefit from a better understanding of the causes of these transaction costs.

NPCI consecutively reported dismal figures for April 2020 for its UPI, IMPS, NETC and Bharat BillPay platforms – as AePS emerges as an outlier.

Yusuf Pachmariwala, EVP & Head Operations, Tata AIA LI talks about the use of AI and ML at the Insurer to automate tasks and reduce fraud.

Tokyo, May 7 (Montreal, May 6), 2020 – Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011) and Bombardier Inc. (Bombardier) (TSX: BBD.B) of Canada have agreed that all closing conditions have been met and the transaction pertaining to the acquisition of Canadair Regional Jet (CRJ) Program will close on June 1, 2020. The Program will be operated under the newly created group entities of MHI RJ Aviation Group (MHIRJ) and will commence upon closing.

Vice President Stephen Lapierre represents developer Verdad Real Estate in acquisition of properties for two Popeyes restaurants

Unlike the PPIs that are available now, the new instrument can only be used for making retail payments. You cannot use it to transfer funds to other PPIs, make credit card payments and so on.

As the country is staying at home to fight against the coronavirus, investors are adapting themselves to the online way of working with their finances.

On April 24, 2020, a federal appellate court upheld an order enforcing an Internal Revenue Service (IRS) summons directed to the Taylor Lohmeyer Law Firm PLLC, the Department of Justice announced. The summons directed the law firm to provide information about clients who used the law firm’s services to create and maintain foreign bank accounts and entities. On appeal, the United States Court of Appeals for the Fifth Circuit upheld the trial court’s enforcement of the summons and rejected the law firm’s “blanket” claim that all responsive materials were protected by the attorney-client privilege. It explained that revealing the fact that the clients participated in specific types of transactions would not necessarily reveal any confidential communication of legal advice protected by the attorney-client privilege.

Today, a federal district court in Washington, D.C., concluded that the Antitrust Division’s resolution of its challenge to the merger between T-Mobile and Sprint was in the public interest and entered the proposed final judgment following an extensive Tunney Act process. This order gives effect to the settlement that the Department of Justice and numerous states reached with the merging parties and Dish Network Corp. to allow the T-Mobile/Sprint transaction to proceed, subject to substantial divestitures and other remedies.

Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional currencies and cryptocurrencies or between different types of cryptocurrencies. Generally, trading between different currencies is conducted through a centralized third-party platform. However, it has the problem of a single point of failure, which is vulnerable to attacks and thus affects the security of the transactions. In this paper, we propose a distributed cryptocurrency trading scheme to solve the problem of centralized exchanges, which can achieve trading between different types of cryptocurrencies. Our scheme is implemented with smart contracts on the Ethereum blockchain and deployed on the Ethereum test network. We not only implement transactions between individual users, but also allow transactions between multiple users. The experimental result proves that the cost of our scheme is acceptable.

The systems and methods described herein may be used to implement a shared dynamic-sized data structure using hardware transactional memory to simplify and/or improve memory management of the data structure. An application (or thread thereof) may indicate (or register) the intended use of an element of the data structure and may initialize the value of the data structure element. Thereafter, another thread or application may use hardware transactions to access the data structure element while confirming that the data structure element is still part of the dynamic data structure and/or that memory allocated to the data structure element has not been freed. Various indicators may be used determine whether memory allocated to the element can be freed.

An array of a plurality of processing elements (PEs) are in a data packet-switched network interconnecting the PEs and memory to enable any of the PEs to access the memory. The network connects the PEs and their local memories to a common controller. The common controller may include a shared load/store (SLS) unit and an array control unit. A shared read may be addressed to an external device via the common controller. The SLS unit can continue activity as if a normal shared read operation has taken place, except that the transactions that have been sent externally may take more cycles to complete than the local shared reads. Hence, a number of transaction-enabled flags may not have been deactivated even though there is no more bus activity. The SLS unit can use this state to indicate to the array control unit that a thread switch may now take place.

Current human-to-machine interfaces enable users to interact with a company's database and enter into a series of transactions (e.g., purchasing products/services and paying bills). Each transaction may require several operations or stages requiring user input or interaction. Some systems enable a user to enter a voice input parameter providing multiple operations of instruction (e.g., single natural language command). However, users of such a system do not know what types of commands the system is capable of accepting. Embodiments of the present invention facilitate communications for user transactions by determining a user's goal transaction and presenting a visual representation of a voice input parameter for the goal transaction. The use of visual representations notifies the user of the system's capability of accepting single natural language commands and the types of commands the system is capable of accepting, thereby enabling a user to complete a transaction in a shorter period of time.

Security measures for tokens comprise storing security rules associated with a generated token in a memory. A processor, communicatively coupled to the memory, accesses the security rules associated with the generated token and determines whether to encrypt the generated token by applying at least a portion of the security rules to the generated token. The processor encrypts the generated token. An interface, communicatively coupled to the processor, communicates the encrypted token to a mobile device associated with a user.

An integrated-circuit memory controller outputs to a memory device a first signal in a first state to enable operation of synchronous data transmission and reception circuits within the memory device. A transaction queue within the memory controller stores memory read and write requests that, to be serviced, require operation of the synchronous data transmission and reception circuits, respectively, within the memory device. Power control circuitry within the memory controller determines that the transaction queue has reached a predetermined state and, in response, outputs the first signal to the memory device in a second state to disable operation of the synchronous data transmission and reception circuits within the memory device.

Various technologies and techniques are disclosed for using transactional memory hardware to accelerate virtualization or emulation. State isolation can be facilitated by providing isolated private state on transactional memory hardware and storing the stack of a host that is performing an emulation in the isolated private state. Memory accesses performed by a central processing unit can be monitored by software to detect that a guest being emulated has made a self modification to its own code sequence. Transactional memory hardware can be used to facilitate dispatch table updates in multithreaded environments by taking advantage of the atomic commit feature. An emulator is provided that uses a dispatch table stored in main memory to convert a guest program counter into a host program counter. The dispatch table is accessed to see if the dispatch table contains a particular host program counter for a particular guest program counter.

The present technology may determine an anomaly in a portion of a distributed business application. Data can automatically be captured and analyzed for the portion of the application associated with the anomaly. By automatically capturing data for just the portion associated with the anomaly, the present technology reduces the resource and time requirements associated with other code-based solutions for monitoring transactions. In an embodiment, a method for monitoring an application may begin with detecting a diagnostic event. A diagnostic identifier may be associated with the request in response to the diagnostic event. An outgoing call may be detected at a first server associated with processing the request. The outgoing call may be modified at the first server to include the diagnostic identifier, the outgoing call with the diagnostic identifier received by a remote computer.

A transaction is preprocessed wirelessly in response to a wireless transaction preprocessing user device being in a queue for a point-of-transaction. The transaction that was preprocessed is then completed in response to the wireless transaction preprocessing user device reaching the point-of-transaction. Financial transactions and/or purchase of goods and/or services may thereby be preprocessed wirelessly and then completed at a point-of-transaction. Related devices and computer program products are also disclosed.

An approach for associating a card (e.g., a transaction card, an identification card, etc.) that corresponds to a primary account with one or more ancillary accounts (e.g., a library account, etc.) includes obtaining information from the card and associating that information with an ancillary account. The card may then be used to access the ancillary account. The card may be a transaction card and the primary account may be a financial account. The ancillary account may be a library account. When the card is a transaction card, fees associated with the ancillary account may be charged to the financial account.

A mobile device utilizes an embedded near field communication (NFC) capability to interact with a contactless transaction card to automatically obtain information from the card, e.g. reducing or eliminating the burden of manual user entry of the account information or the like into the mobile device. The mobile device, for a financial account transaction example, may read the information from the card at the time of a transaction, e.g. to facilitate an on-line purchase, an in-store purchase, ATM transaction or the like. The mobile device may store the information from one or more contactless transaction cards, for use in future transactions of various types. The mobile device and/or a server in communication with the mobile device may track various user activities on the mobile device that also utilize information obtained from the contactless transaction card.

Reference equipment including a reference card and a reference reader is provided for testing electronic payment devices such as cards and card readers. The reference equipment includes reference cards and reference readers that respectively can be used to verify compliance of product cards and product readers with product specifications The product specifications may, for example, be the ISO 14443 Standard specifications which are commonly accepted in the electronic payment industry The reference equipment is designed to enhance interoperability of product payment devices whose functional behaviors may vary because of vendor customization of device specifications or due to manufacturing tolerances In some embodiments, the reference equipment includes a reference card for testing card readers The exemplary reference card can comprise a current mirror to permit an electronically adjustable variable load using an external controller The reference card electronic circuit can exhibit variable load conditions.

An assembly includes a transaction product and an auxiliary vehicle. The transaction product includes a folded sheet configured to be repeatedly folded and unfolded between a collapsed position and an extended position. The folded sheet defines a substantially planar surface defining a printed track. The transaction product comprises an account identifier statically connected thereto. The account identifier links the transaction product to at least one of an account and a record and is machine readable by a point-of-sale terminal. The auxiliary vehicle includes a microcontroller, one or more sensors, a motor, and at least one movable component. The microcontroller actuates the motor to induce movement of the at least one movable component propelling the auxiliary vehicle along and following the printed track based on detection of a location of the printed track as determined by the one or more sensors.

An electronic transaction verification system for use with transaction tokens such as checks, credit cards, debit cards, and smart cards that gathers and transmits information about the transaction token and biometric data. Customers can be enrolled in the system by receiving customer information that includes at least a biometric datum, associating the received customer information with a transaction instrument issued to the customers and storing the received customer information and the issued transaction instrument information in a database for future reference.