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Walmart-owned PhonePe gets AA license from RBI
source link: https://nextbigwhat.com/walmart-owned-phonepe-gets-aa-license-from-rbi/
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Walmart-owned PhonePe gets AA license from RBI
- Walmart-owned digital payments service provider PhonePe group on Thursday said a fully owned subsidiary of it has received an in-principle approval from the Reserve Bank of India to operate as an Account Aggregator.
- PhonePe Account Aggregator Pvt Ltd has secured a license which will let the Bengaluru-based startup launch its AA platform.
- AA platforms house the ability to enable free and instant exchange of financial data between the Financial Information Users and Financial Information Providers with due consent from customers.
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IIT Madras & IBM Collaborate For Programming And Data Science Course
- IBM experts will be co-offering a Quantum Computing course on the NPTEL Platform and augment select NPTEL courses such as Data Science and AI with technical inputs to provide students with a current industry perspective.
- Experts from IBM will also conduct technical sessions for NPTEL partner colleges through their local chapters and for the IIT M’s Online BSc Degree program.
- In May 2021, IBM announced a collaboration with IIT Madras to provide faculty, researchers, and students with access to IBM’s quantum systems, accelerate joint research in quantum computing, and develop curricula to help prepare students.
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