Monday, April 13, 2020

April 13, 2020 - Online remittances, the next big leap for financial transactions

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TradeBriefs Editorial

From the Editor's Desk

I know the trauma of abuse in the home, so I fear for women in lockdown

Chilling figures that show a surge in domestic abuse are beginning to emerge as couples spend enforced time in their homes together during the Covid-19 lockdown. Ten women were killed by men* (five of the victims were within married couples) in the UK between 23 March, when government lockdown restrictions began, and 6 April. The National Domestic Abuse hotline, run by charity Refuge, reported a 25% increase in calls in the same period, and between 26 March and 1 April, Women’s Aid experienced a 41% increase in users visiting its Live Chat site, compared to the previous week.

I fear that these statistics will tragically worsen over the coming weeks, as more and more women suffer increased levels of abuse at the hands of their partners. I know, from personal experience, what it is like to live like this, and the prospect of doing so 24/7 is unimaginable, with potentially devastating consequences for thousands of women.

Continued here


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Digital
Online remittances, the next big leap for financial transactions

We are witnessing a dramatic scaling-up of digital infrastructure and electronic delivery of financial services, making India one of the fastest digitising nations on the planet.


Digital
Decline in e-commerce hits payment firms

While categories like travel and hospitality have witnessed a decline, others, such as insurance and edtech, are covering up with increased payment volumes.Digital payment players are hopeful that once the lockdown is lifted, payment volumes will return to normal, with a change in user behaviour.


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Franchise
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Politics
CBI Officials Distribute Food Among Migrant Labourers Amid Lockdown
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Telecom
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Telecom
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Finance
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