“Zomato is not a threat to banks, but Paytm is”, finfluencer Akshat Srivastava

Well, the FinTech versus bank debate has been a long-standing one. The RBI recently granted Zomato Payments Private Limited a payment aggregator license. This allows the company to allow e-commerce transactions on its platform.

In his tweet, Srivastava said, “Zomato is not a threat to banks. But Paytm is (or was). That explains why Zomato isn’t trying hard to become a typical FinTech player.”

10 foreign airlines sent summons by DGGI over GST evasion

The investigation is being carried out by DGGI Meerut and Mumbai. Furthermore, these airlines have been under scanner since October 2023. (Representational Image)

As per reports, the airlines that have received summons include Indian offices of British Airways, Lufthansa (German Airlines), Singapore Airlines, Etihad Airways, Thai Airways, Qatar Airways, Saudi Arabia Airlines, Emirates, Oman Airlines and Air Arabia.

U.S Department of Justice to review terms of Walt Disney, Fox and Warner Bros Discovery’s new video streaming platform

The regulator has asked them to credit the money received for investment advisory services and has banned them from the securities market until further orders. (Representative Image: Tingey Injury Law Firm via Unsplash)

The department is concerned that this platform could harm consumers, sports leagues and rival streaming platforms.

Meta to stop payments to news organisations that fact-check misinformation on WhatsApp

Over the last eight years, Meta says it has rolled out industry-leading transparency tools for ads about elections or politics, developed comprehensive policies to prevent election interference and voter fraud, and built the largest third party fact-checking programme of any social media platform to help combat the spread of misinformation. (Representative Image: Dima Solomin via Unsplash)

Most of the world is heading into election season this year, including India and the US. As per reports, the cuts in payments could potentially affect news organisations’ ability to verify non-election content.

Paytm Payments Bank left out of list of 32 authorised banks to buy FASTags

It has been stated that several players such as PhonePe, Google Pay, and banks such as HDFC Bank and State Bank of India (SBI) are deploying several thousand salesforce to attract merchants which include kirana stores and retailers. (Image source: Moneycontrol Hindi)

The Indian Highways Management Company (IHMC) has informed highway users to buy their FASTags from a list of 32 authorised banks, not including Paytm Payments Bank.

Nielsen expands YouTube CTV ads measurement in 11 countries; India included

Highlighting the impact of CTV in India, the report explores key aspects such as the surge of 32 million CTV users, evolving viewing trends, Indian audience behavior, the influence of CTV on ad recall and buying choices. (Representative Image: Glenn Carstens-Peters via Unsplash)

The addition of YouTube CTV into Nielsen ONE Ads internationally gives advertisers and agencies a comprehensive view of campaigns across multiple platforms.