DOCSLIB.ORG

Cmdrfdonation.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Cmdrfdonation.Pdf Reminiscences on implementation from the war-room – The donation platform for Chief Minister’s Distress Relief Fund i FOREWORD The Chief Ministers Distress Relief Fund (CMDRF) is a unique e-governance application developed by Centre for Development of Imaging Technology (C-DIT) as a part of the Chief Ministers Office (CMO) Suite. This is eventually envisaged as an integrated monitoring and decision support tool for innovative policy interventions. The donation portal was developed a sequel to the CMO suite in the context of the August’18 natural calamity and has contributed substantively to the efforts towards rebuilding Kerala. The effort was unique in that it could bring together several partner banks, partner technology companies, start-ups, and individuals many of whom worked pro-bono. The solution had withstood tough weather and has shown its metal. I am happy that the endeavour has been systematically documented so that the product could be evaluated and further improved. M Sivasankar IAS Director, C-DIT Centre for Development and Imaging Technology (C-DIT) V 7.0 Reminiscences on implementation from the war-room – The donation platform for Chief Minister’s Distress Relief Fund ii Centre for Development and Imaging Technology (C-DIT) V 7.0 Reminiscences on implementation from the war-room – The donation platform for Chief Minister’s Distress Relief Fund iii ACKNOWLEDGEMENT The Finance Department Government of Kerala had entrusted the responsibility of developing a donation portal for the Chief Minister’s Distress Relief Fund on 11 August 2018. The donation portal is the outcome of a systematic effort by C-DIT during the last two months. The portal and documentation could not have been a reality without the work, support, ideas, encouragement and generous contributions of many individuals and organisation. I have to start with mentioning the enormous support extended by Shri. Manoj Joshi IAS, Principal Secretary (Finance) right from the commencement of the project till the completion. The efforts made by him and his colleagues at the Finance Department in streamlining the work helped in timely completion of the portal. I acknowledge my special thanks to Dr Sharmila Mary Joseph IAS, Secretary (Expenditure), Smt P Jayalekshmi, Additional Secretary, CMDRF, Shri Sachith S, Under Secretary, Shri K S Anil Raj, Section Officer, K Shri K Babu, Assistant Section Officer, Finance (Funds) Department, Robert Francis, Under Secretary CMCC, Shri Shyam TK Section Officer, CMPGRC for their sincere help and co-operation in achieving this endeavour. All the functionaries in the CMDRF fund section and the functions in the CMDRF IT cell worked relentlessly over the span of the study. I am appreciative and thankful for the hard work put up by all of them. I am particularly grateful to the functionaries in the office of the Finance Secretary for the support provided by them. I wish to acknowledge the co-operation extended my colleagues at C-DIT during the design, development work and implementation sessions. The work benefitted greatly from the advice and guidance of my fellow team members. The senior fellow team members included Shri N Jayaraj, Shri Biju SB, Ms Jeena K Subash and Shri Shaji A. I am deeply indebted to Shri G Jayaraj Registrar C-DIT for his constant motivation right from the inception of the project. I am grateful to the experts whom I had consulted during the course of the work. The comments and suggestions of Dr. Saji Gopinath, Director, IIITMK, Dr Jayasankar Parad.C, Director ICFOSS, Shri Harshan Vazhakunnam and Ajith Prasad Balakrishnan CM’s IT fellows, Shri Seeram Sambasiva Rao, Director Kerala State IT Mission, Shri Centre for Development and Imaging Technology (C-DIT) V 7.0 Reminiscences on implementation from the war-room – The donation platform for Chief Minister’s Distress Relief Fund iv Santhosh Chandrasekara Kurup CEO ICT Academy Kerala, Dr K.Sabarish Head e- Governance Kerala State IT Mission, Shri Muraleedharan M Head SEMT, KSITM, Shri Arun M Programme Head ICFOSS came in handy in finalising the portal. I take this opportunity to acknowledge my deep sense of gratitude to thanks to Shri M Sivasankar IAS, Secretary to Chief Minister and Director, C-DIT who had been extremely considerate to me when the portal crashed on August 18th for a few hours. The trust and confidence he had in me was a personal support during the crisis. Shri M V Jayarajan, Private Secretary to Chief Minister and Shri Gopakumar M, Additional Private Secretary to Finance Minister were extremely helpful in co-ordination. I would also like to specially thank Shri Manoj Abraham IPS, Inspector General of Police and Nodal Officer Cyberdome for the proactive support provided by the Cyberdome in building up cyber security for the portal. It is my duty to acknowledge the efforts of all the partners including the various banks technology providers, media campaign and marketing, communication providers, agencies involved in security and hosting etc. I take this opportunity to express my sincere appreciation and profound indebtedness to my colleagues in the C-DIT design and Development team. Especially Shri Aneez M, Smt Asha RS, Shri Lijumon R, Shri Aiby Mohandas, Shri Sunil S, Shri Mahesh VR, Shri Shibu M, Shri Arun Nadh, Shri Anu Sivaraj, Ms Sindhu Thankappan, Shri Sreejith AK, Shri Abhikrishnan R, Shri K Manoj Kumar, Shri Sandheep Sudarsanan, Shri Surendran Pillai P, Shri Nandasoonu.M A, and Shri Jayadathan S. I would also put on record my heartful and earnest thankfulness to Dr K M Abraham, Chairman, Kerala Development Innovation Strategic Council (K-DISC) permitting me to undertake the activities and bearing with me for my absence from K-DISC during important review sessions of CMDRF. I greatly appreciate my colleagues Shri Dilsha S, Sujith M and Madhu S in the CMO Straight Forward team for their constant support during the project execution. Dr P.V.Unnikrishnan, Honorary Consultant, C-DIT and Strategy Advisor, K-DISC. Centre for Development and Imaging Technology (C-DIT) V 7.0 Reminiscences on implementation from the war-room – The donation platform for Chief Minister’s Distress Relief Fund v A. CONTENTS A. CONTENTS ...................................................................................... v B. List of Tables ................................................................................ vii C. List of Figures ................................................................................ ix D. Partners........................................................................................ xi E. Team Members ..............................................................................xiii F. Abbreviations .................................................................................xv G. Executive Summary ....................................................................... xvii 1. Introduction .................................................................................... 1 2. Seventy-two features in two months ..................................................... 1 2.1 Illustrative timing of project activities till date .................................................................... 2 2.2 Distribution of project activities by category ......................................................................... 3 3. Product Architecture ........................................................................ 3 3.1 Features of the cyber security information and event management system .................... 7 3.2 Blockchaining transactions ......................................................................................................... 8 3.3 Gateways integrated ................................................................................................................... 9 3.4 Transactions across banks......................................................................................................... 16 4. Customer profiling and social media interactions .................................... 23 5. Managed security services for CMDRF Donation Portal .............................. 32 5.1 Details of Implementation ........................................................................................................ 34 5.2 Summary of monitoring: ........................................................................................................... 34 6. Challenges in implementation ............................................................ 36 7. Conclusion and further steps ............................................................. 40 Annexure 1 : Chief Minister’s Distress Relief Fund Application - towards a new model in Business Process Re-engineering and Analytics ……………………………………………..43 Annexure 2 : Profile for digital marketing generated using Oracle DMP ……………………………. 51 Annexure 3 : WhatsApp BOT …………………………………………………………………………………………………….59 Annexure 4 : Kerala Chief Minister’s Distress Relief Fund Kerala Floods 2018, #StandWithKerala, Social Media Management and Interventions ………………….65 Annexure 5 : Detailed profile of team members …………………………………………………………………..77 Centre for Development and Imaging Technology (C-DIT) V 7.0 Reminiscences on implementation from the war-room – The donation platform for Chief Minister’s Distress Relief Fund vi Centre for Development and Imaging Technology (C-DIT) V 7.0 Reminiscences on implementation from the war-room – The donation platform for Chief Minister’s Distress Relief Fund vii B. LIST OF TABLES Table no Description Page No. Table 1 Details of gateways integrated
Load more

Recommended publications
  • Bharat Bill Payment System: Note for Agent Institutions
    Bharat Bill Payment System: Note for Agent Institutions BBPS – A Brief Introduction BBPS stands for Bharat Bill Payment System. The Bharat bill payment system is a Reserve Bank of India (RBI) conceptualised system driven by National Payments Corporation of India (NPCI). It is a one-stop payment platform for all bills providing an interoperable and accessible “Anytime Anywhere” bill payment service to all customers across India with certainty, reliability and safety of transactions. BBPS a One-stop access: BBPS has multiple modes of payment and provides instant confirmation of payment via an SMS or receipt. BBPS offers myriad bill collection categories like electricity, telecom, DTH, gas, water bills etc. through a single window. In future biller categories may be expanded to include insurance premium, mutual funds, school fees, institution fees, credit cards, local taxes, invoice payments, etc. An effective mechanism for handling consumer complaints has also been put in place to support consumer regarding any bill related problems in BBPS. The system participants are entities authorised by Reserve Bank of India (RBI) thereby providing assurance to the customer for a trusted experience between the service providers and billers. 1 | P a g e Bharat Bill Payment System: Note for Agent Institutions Different Payment Channels BBPS transaction can be initiated through multiple payment channels like Internet, Internet Banking, Mobile, Mobile-Banking, POS (Point of Sale terminal), Mobile Wallets, MPOS (Mobile Point of Sale terminal), Kiosk, ATM, Bank Branch, Agents and Business Correspondents. Different Payment Modes BBPS facilitates myriad payment modes enabling bill payments. The payment modes options facilitated under BBPS are Cash, Cards (Credit, Debit & Prepaid), IMPS, Internet Banking, UPI, Wallets & AEPS.
    [Show full text]
  • List of Unclaimed Dividend As on March 31, 2014 For
    LIST OF UNCLAIMED DIVIDEND AS ON MARCH 31, 2014 FOR FINANCIAL YEAR 2006-07 DPID CO_FOLIO NAME LOCATION PIN BANK_ACC BANK_NM BEN_POS AMOUNT DIV_CAT MICR WARNO 35 KRISHNA SAHAI 600 450.00 3 42 17023 42 VINOD MALHOTRA 200 150.00 3 44 17024 81 NARENDRA GUPTA 208002 1000 750.00 3 62 17026 IN300239 11928248 RAYAMARAKKAR VEETTIL MOHAMMED ABDUL KADER 081010100345101 UTI BANK LTD 500 375.00 5 65 6337 IN303028 52416976 LAKSHMI SUNDAR CANADA M2H2K4 0 602601251547 I C I C I BANK 500 375.00 5 66 16691 IN303028 53312700 RAJIV KUMAR WADHWA 0 032601075085 I C I C I BANK 160 120.00 5 67 16773 IN303028 53152064 IPTHIKAR AHAMED KSA 11461 000401800418 I C I C I BANK 100 75.00 5 69 16765 IN302679 33533755 DIWAKAR KESHAV KAMATH CANADA-L5B4P5 111111 NRO020901075271 ICICI BANK LTD 104 78.00 5 73 15273 IN302902 41446558 KAMATH JAHANARA DIWAKAR CANADA-L5B4P5 111111 NRO020901075645 ICICI BANK LTD 104 78.00 5 74 15818 IN303028 50981646 STANLY JOHN 111111 004601076690 I C I C I BANK 1000 750.00 5 76 16549 IN300484 12487732 VASANT CHHEDA 111111 064010100122504 AXIS BANK LTD 10000 7500.00 5 78 8114 IN302902 41368936 MATSYA RAJ SINGH KUWAIT-913119 111111 628101076232 I C I C I BANK 100 75.00 5 79 15806 IN301549 16866066 SATISH GANGWANI 400832 0011060006675 HDFC BANK LTD TULSIANI 1300 975.00 5 80 12307 IN300888 14561256 SURBHI AGRAWAL MALAYSIA 504700 4034317 SYNDICATE BANK 2600 1950.00 5 81 9833 IN301549 18385836 PADMAJA UPPALAPATI SOUTH AFRICA 999999 0041060014403 HDFC BANK LTD ITC CENTRE 200 150.00 5 82 12420 IN303028 51253550 ISMAIL MOHAMED GHOUSE 999999 000401473103
    [Show full text]
  • India Fintech Sector a Guide to the Galaxy
    India FinTech Sector A Guide to the Galaxy G77 Asia Pacific/India, Equity Research, 22 February 2021 Research Analysts Ashish Gupta 91 22 6777 3895 [email protected] Viral Shah 91 22 6777 3827 [email protected] DISCLOSURE APPENDIX AT THE BACK OF THIS REPORT CONTAINS IMPORTANT DISCLOSURES, ANALYST CERTIFICATIONS, LEGAL ENTITY DISCLOSURE AND THE STATUS OF NON-US ANALYSTS. U.S. Disclosure: Credit Suisse does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Contents Payments leading FinTech scale-up in India .................................. 8 8 FinTechs: No longer just payments ..............................................14 Account Aggregator to accelerate growth of digital lending ...............................................................................22 Digital platforms and partnerships driving 50-75%of bank business ...28 Company section ..........................................................................32 PayTM (US$16 bn) ......................................................................33 14 Google Pay ..................................................................................35 PhonePe (US$5.5 bn) ..................................................................37 WhatsApp Pay .............................................................................39
    [Show full text]
  • Current Affairs
    CURRENT AFFAIRS Chapter 1 International and National Affairs 1 2 Financial Affairs 46 3 Political Affairs 58 4 Legal and Other Affairs 75 Lesson 1 INTERNATIONAL AND NATIONAL AFFAIRS 1 2 Current Affairs INTERNATIONAL MONETARY FUND The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Created in 1945, the IMF is governed by and accountable to the 189 countries that make up its near-global membership. The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund's mandate was updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability. Fast Facts • Membership : 189 countries • Headquarters : Washington, D.C. • Executive Board : 24 Directors each representing a single country or groups of countries • The largest borrowers : Argentina, Ukraine, Greece, Egypt • The largest precautionary loans : Mexico, Colombia, Morocco Primary aims of IMF to: • Promote international monetary cooperation; • Facilitate the expansion and balanced growth of international trade; • Promote exchange stability; • Assist in the establishment of a multilateral system of payments; and • Make resources available (with adequate safeguards) to members experiencing balance-of- payments difficulties. Current Affairs 3 IMF in News Economic recovery for India in 2020-21: IMF The International Monetary Fund, which sharply cut India's growth rate, has projected a recovery in 2020-21, as per the statement of IMF’s Chief Economist Gita Gopinath during the news conference in Davos for the release of the World Economic Outlook (WEO) update on January 20, 2020.
    [Show full text]
  • Government of India Ministry of Commerce & Industry Department
    Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated 09. 07. 2015 Trade Notice No. 07/2015 To 1. All IEC Holders 2. All EPCs / All Chambers of Trade and Industries 3. FIEO/ASSOCHAM/CII 4. All RA’s of DGFT Subject: Operationalisation of online payments through debit / credit cards. In keeping with the Digital India vision of Hon'ble Prime Minister, and taking yet another crucial step towards paperless, online functioning in 24x7 environment, Directorate General of Foreign Trade has launched the facility of online payment of application fees through Credit/Debit cards and electronic fund transfer from 53 Banks (List annexed). 2. As a measure of Trade Facilitation and Ease of Doing Business, DGFT has already operationalised the facility of Online filing of various applications by the exporters/importers under the Foreign Trade Policy (2015-20). Early this year, DGFT also operationalised the facility of online submission of applications for issue of online Importer Exporter Code in digital format or e-IEC for exporters/importers. Now with the online payment facility being available from 53 banks, as well as through Credit and Debit cards, it would be possible to not only apply online for e-IEC and benefits under various schemes under Foreign Trade Policy but also make online payment of required application fee. 3. The charges applicable for using internet banking, debit/credit cards will be as follows: Transaction Visa / Master Card Credit card transaction: Processing 1.45% of payment amount per transaction. Charges Visa / Master Card/Rupay Debit Card transactions: For transactions upto Rs.2000/- : 0.75% of payment amount per transaction.
    [Show full text]
  • Business Update and Results Presentation to Investors and Analysts Agenda
    HSBC Holdings plc Business Update and Results Presentation to Investors and Analysts Agenda 4Q & FY19 results Business update Restructuring for growth Financial implications Conclusion 4Q19 performance 4Q19 highlights 1 4Q19 reported loss before tax of $3.9bn impacted by a goodwill impairment1 of $7.3bn 4Q19 adjusted revenue up 9% to $13.6bn vs. 4Q18 and adjusted PBT up 29% to $4.3bn vs. 4Q18 2 Hong Kong 4Q19 adjusted PBT up 3% to $2.6bn Cost discipline: 4Q19 adjusted costs of $9.1bn, up 3.2% vs. 4Q18. 2H19 adjusted costs (excl. bank 3 levy) down 2.1% vs. 1H19 4 CET1 ratio further strengthened by 0.4ppts vs. 3Q19 to 14.7% driven by RWA reductions of $22bn A reconciliation of reported results to adjusted results can be found on slide 46. The remainder of the presentation, unless otherwise stated, is presented on an adjusted basis 3 FY19 performance Strong performing franchises: FY19 selected highlights Hong Kong revenue up 7% to Revenue up 9% to $23.4bn, PBT up $19.4bn, PBT up 5% to $12.1bn 15% to $8.0bn Asia excl. Hong Kong revenue up 8% 2 RoTE of 20.5% Asia to $11.0bn RBWM $16bn growth in mortgage book in Asia GB&M revenue up 7% to $7.1bn the UK (up 7%) and Hong Kong (up 9%) RoTE2 of 15.8% 1.5m increase in active customers, up 4% to 39.4m Revenue up 8% to $2.9bn, adjusted MENA PBT up 3% to $1.6bn PBT up 19% to $0.4bn GPB RoTE2 of 12% Net New Money of $23bn Revenue up 3% to $8.4bn Revenue up 6% to $15.3bn RoTE2 of 9.9% RoTE2 of 12.4% CMB UK RFB Mortgage balances up 7% to $134bn; Loans and advances to customers up stock market share of
    [Show full text]
  • Annexure4.Pdf
    260 172826/2018/SO(COMPUTER CELL) File No.21(8)/2016-Comp No.21(8)/2016-Comp. Cell Government of India Ministries of Consumer Affairs,Food & Public Distribution Department of Food & Public Distribution ******** Krishi Bhavan, New Delhi Dated 11Th May, 2018 To Secretary/Principal Secretary, Department of Food & Civil Supplies, All States fUTs. Subject:-Publicizing of MDR waiver and revised BHIM incentive Schemes-reg. Madam/Sir, Please find enclose herewith a copy of D.O.letter No.12(23)/2017-DPD dated 26.4.2018 received from Ministry of Electronics and Information Technology (MeitY) on the subject mentioned above. As per information, GOI vide Gazette Notification No.6(19)/2017-DPD-1 dated 27.12.2017 has waived off Merchant Discount Rate (MDR) applicable on Debit Card/BHIM UPI/ Aadhaar-Pay transactions less than or equal to Rs. 2000/- in value for a period of two years with effect from 1st January, 2018. In the matter this Department has already written to all States/U'Is for adoption/promote digital transactions in PDS vide D.O. letter of even number dated 13/03/2018 (attached). It has further intimated by MeitY that GOIhas recently revised and extended the following incentive schemes w.eJ. 1st April, 2018 till 31st March, 2019 for promotion and wider adoption of digital payment:- (i) BHIM cashback scheme for individuals. (ii) BHIM incentive scheme for merchants. (iii) BHIM Aadhhar merchant incentive scheme. 2. It is requested that waiver of MDR charges and revised BHIM incentivization schemes may be disseminated and widely publicized in your State/U'I' through States PDS portal to promote and adoption of digital cashless transactions.
    [Show full text]
  • Lending Policies of Dindigul District Central Co-Operative Bank Limited in Tamilnadu, India - a View N
    International Journal of Research in Management, Economics & Commerce (Impact Factor: 4.604, ISSN 2250-057X, Volume 5 Issue 3, March 2015) Website: www.indusedu.org LENDING POLICIES OF DINDIGUL DISTRICT CENTRAL CO-OPERATIVE BANK LIMITED IN TAMILNADU, INDIA - A VIEW N. Selvaraj Assistant Professor of Commerce, Saraswathi Narayanan College, Madurai, Tamilnadu, India ABSTRACT Agriculture occupies a dominant position in the Indian economy. The well being of the people of India largely depends on the progress of agriculture. The co-operative credit has been recognised as the hope of the farmers to provide the basis of prosperity and the opportunity to meet the demand for funds. In the absence of adequate financial help, the farmers and agricultural labours are the ready victims of money lenders and indigenous bankers who charge exorbitant rates of interest. The Co-operative Banks are institutions established with the objectives to facilitate rural credit and to promote thrift and self help among the economically weaker sections of the society. So it is suggested to utilize the resources in more effective manner and also have a continuous profit planning to increase its profitability. To reduce overdues a large number of field staff is to be engaged for collection of dues. Keyword: co-operative credit, overdue, Co-efficient of variation, Co-operative Banks and lending. E-mail id:- [email protected] Page 1 International Journal of Research in Management, Economics & Commerce (Impact Factor: 4.604, ISSN 2250-057X, Volume 5 Issue 3, March 2015) Website: www.indusedu.org INTRODUCTION “Co-operative movement is one of the most fruitful ways of enlisting public co-operation on a mass scale in our planning and reconstruction activity” V.V.
    [Show full text]
  • The First Step of the Payment Systems Roadmap No.4 Bank of Thailand a the First Step of the Payment Systems Roadmap No.4
    Payment Systems Report 2019 Systems Report Payment Payment Systems Report 2019 BOT Payment Annual Report 2562/2019 Bank of Thailand The First Step of the Payment Systems Roadmap No.4 Bank of Thailand A The First Step of the Payment Systems Roadmap No.4 Payment Systems Report 2019 B Payment Systems Report 2019 Bank of Thailand 1 The First Step of the Payment Systems Roadmap No.4 Executive Summary Amidst the transition into the digital era, the Bank of capability in transmitting richer business data along Thailand (BOT) has pushed forward payment systems with payment transactions, paving the way for policies and payment innovation to continually the Innovation framework or enhancing payment promote efficient, stable, and secure Thai payment services with innovations and modern technologies systems in pursuit of digital payments. The ongoing involved the introduction of the Thai QR payment efforts have resulted in the steady advancement of standard with MyPromptQR, the first payment the Thai payment systems as laid out by the previous service to adopt ISO 20022 that allows merchants three Payment Systems Roadmaps. to scan customers’ QR code, and the promotion of The year 2019 marked the “first step” of the cross-border payment systems connectivity through Payment Systems Roadmap No.4., which aims to QR payments with Singapore, Lao PDR, and Japan. create an ecosystem conducive for digital payments Further, modern technologies such as biometrics and to be the most preferred choice for the Thais within Blockchain technology were unleashed to enhance a three-year time frame (2019-2021) through 5 payment services and supplement with regulations strategic development frameworks.
    [Show full text]
  • How Do Mobile Digital Payments Work?
    How do mobile digital payments work? There are slight differences per device, but generally, you can set up digital mobile payments like this: 1. Add your Diners Club Corporate Cards to your digital wallet 2. Use your device to make in-store, and in-app purchases 3. Track purchases through your mobile digital wallet Which Diners Club cards can I use for mobile digital payments? You may use your Diners Club Travel and Entertainment and One Card. For tips on adding them to your device, please see the FAQs for Apple Pay® and Android PayTM . Do I get the same protection on unauthorized transactions as I do with my physical Diners Club Corporate Card? Yes, please contact your Card Program Administrator to get complete information on the “Waiver of Liability” Program. Will merchants receive my physical card number? No. When you add a card to your digital wallet, it will be assigned a digital account number. Your digital wallet whether it’s Apple Pay or Android Pay, will use this digital account number when you make a purchase. What’s an in-app purchase? An in-app purchase involves buying content, services or items within an application on your device. You can use your digital wallet to make these in-app purchases — simply select Apple Pay or Android Pay at checkout. Will the card image in my digital wallet match my physical card? The image may not be an exact match, but this will not affect how your card works within your digital wallet. What if I get a new Corporate Card? If you get a new card, you will need to go into your digital wallet, delete your existing card and add your new card.
    [Show full text]
  • US Mobile Payments Landscape
    U.S. MOBILE PAYMENTS LANDSCAPE – TWO YEARS LATER Marianne Crowe , Susan Pandy, and Elisa Tavilla, Federal Reserve Bank of Boston Cynthia Jenkins, NACHA1 May 2, 2013 1 At the time the white paper was written, Cynthia (Me rr itt ) Jenkins was employed at the Federal Reserve Bank of Atlanta. The authors would like to thank the members of the Mobile Payments Industry Workgroup for their valuable contributions to the work effort and insightful ideas and comments that are the foundation of this paper. The views expressed in this paper are solely those of the authors and do not reflect official positions of the Federal Reserve Banks of Atlanta or Boston, the Federal Reserve System or NACHA. Table of Contents I. Executive Summary ....................................................................................................................3 II. Changes in the U.S. Mobile Payments Ecosystem: 1Q2011 to 4Q2012 ...........................................4 Mobile Network Operators (MNOs) .................................................................................................5 Smartphone/Terminal Manufacturers and Mobile Operating System Providers....................................5 Payment Processors and Alternative Payment Service Providers ........................................................6 Payment Cards and ACH Networks ..................................................................................................7 Financial Institutions .......................................................................................................................8
    [Show full text]
  • The Bay Area-Silicon Valley and India Convergence and Alignment in the Innovation Age Project Lead Sponsors
    June 2019 The Bay Area-Silicon Valley and India Convergence and Alignment in the Innovation Age Project Lead Sponsors Project Supporting Sponsors ABOUT THE BAY AREA COUNCIL ECONOMIC INSTITUTE Since 1990, the Bay Area Council Economic Institute and the state, including infrastructure, globalization, has been the leading think tank focused on the science and technology, and health policy. It is guided economic and policy issues facing the San Francisco by a Board of Advisors drawn from influential leaders in Bay Area-Silicon Valley, one of the most dynamic regions the corporate, academic, non-profit, and government in the United States and the world’s leading center sectors. The Institute is housed at and supported by for technology and innovation. A valued forum for the Bay Area Council, a public policy organization that stakeholder engagement and a respected source of includes hundreds of the region’s largest employers information and fact-based analysis, the Institute is a and is committed to keeping the Bay Area the trusted partner and adviser to both business leaders world’s most competitive economy and best place and government officials. Through its economic and to live. The Institute also supports and manages the policy research and its many partnerships, the Institute Bay Area Science and Innovation Consortium (BASIC), addresses major factors impacting the competitiveness, a partnership of Northern California’s leading scientific economic development and quality of life of the region research laboratories and thinkers. Contents Executive Summary ...................................................4 CHAPTER 6 Information Technology: Upward Mobility .............51 Introduction ...............................................................7 Government Initiatives ............................................. 54 CHAPTER 1 Trends ...................................................................... 55 India’s Economy: Poised for Takeoff .........................9 The Bay Area-IT Connection Shifts ........................
    [Show full text]