Kotak Mahindra Bank Debit Cards, Credit Cards users alert! Update on making payments, bills

a close up of a sign

© Provided by Zee Business

Kotak Mahindra Bank on Wednesday announced that its VISA debit and credit cardholders can now make payments via the Google Pay mobile app. Using a process called tokenisation that hides sensitive card information, Kotak customers can now link their Kotak debit and/or credit card to Google Pay and then seamlessly and securely digitally transact using their mobile phones across different payment platforms.

“Not only is this process highly secure, but also very convenient as cardholders now do not need to enter their card information for every transaction, transforming the end-user experience,” Kotak Mahindra Bank said.

“Under this value proposition, Kotak customers can now use their Kotak VISA debit and/or credit cards to make payments virtually via Google Pay. Put simply, sensitive card information such as the card number, expiry date, CVV etc. is replaced with a ‘token’, and this token gets used for processing payments

Read More


Gaithersburg, MD, Oct. 13, 2020 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTCQB: XDSL) (“mPhase” or the “Company”) is providing the following update on new technology and business improvements at its Learning Track division. As a reminder, in 2019 Learning Track introduced a Learning Management System (“LMS”) platform that has enabled mPhase to become one of the fastest growing public companies in the LMS space and has contributed a majority of Company revenue to date, accounting for a quarterly revenue increase from $2.5 million in Q4 2019 to approximately $7.6 million in Q3 2020, which also marked the first profitable quarter in Company history. mPhase has guided to over $30 million in trailing-twelve-month revenue for fiscal year 2020.

The Company spent the last few quarters developing additional technology that it believes will increase the attractiveness of the Learning Track platform. New and upcoming enhancements include:

  • An updated User Interface (“UI”), which
Read More

An analysis of Joe Biden’s tax proposals, October 2020 update | American Enterprise Institute

Key Points

  • Using the Tax-Calculator (3.0.0) microsimulation
    model, we estimate that Joe Biden’s propos­als would raise federal revenue by
    $2.8 trillion over the next decade (2021–30).
  • The majority of new federal revenue would come
    from businesses and corporations ($1.9 tril­lion). The remaining revenue would
    come from individual income and payroll tax increases ($616.8 billion) and an
    increase in estate and gift taxes ($276.4 billion).
  • In 2021, Biden’s proposals would increase taxes,
    on average, for the top 5 percent of households and reduce taxes on households
    in the bottom 95 percent. In 2030, Biden’s proposals would increase taxes, on
    average, for households at every income level, but tax increases would
    primarily fall on the top 1 percent of income earners.
  • Using the open-source OG-USA (0.6.2) model, we
    estimate that Biden’s proposals would reduce gross domestic product (GDP) by
    0.16 percent over the next decade, slightly increase GDP the second decade
Read More

Regional business update, Oct. 13 | News

Grant helps DSI in CEBA initiative

SHENANDOAH — The revitalization group Downtown Shenandoah Inc. has received a First Federal Charitable Foundation grant to help support the purchase of architectural plans for the development of DSI’s proposed Center for Education, Business & Arts — CEBA — to be built in the 100 block of North Main Street.

The project, according to a release from the Hazleton-based foundation, involves construction of a 37,131–square-foot facility, a multistory innovation center that will include “DSI’s offices, retail spaces, a variety of maker and artist spaces, a business incubator and co-working spaces, a community event space, multiple culinary kitchens, a community computer room and conference room, warehouse/storage/shipping rooms, offices and a classroom for Penn State, and a presentation space with bleacher seating that can hold more intimate events for the community.”

Karen Kenderdine, DSI president, thanked the foundation for its support and said DSI has an

Read More

S&P 500 Weekly Update: Dow Transports And Small Caps Lead This Leg Of The Rally

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side.”Jesse Livermore

Anyone who follows the equity market realizes that they are faced with what I described last week as a foggy outlook in the near term. When that occurs, I try not to get swayed and then sidetracked into forgetting the long-term trends that are in place.

An investor has to be reactionary waiting for the market to give them clues, then reacting appropriately. I take my leads from price action, momentum, sentiment, and other indicators. All designed for me to decipher what the market is telling me. Never drifting too far from the one key that serves as the foundation of my current strategy. That is staying focused on the major trend that is in place, and that remains without question in favor

Read More