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financia012 · 6 days ago
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US Embassy Introduces New Visa Appointment Rules in India
The US Embassy in India has announced significant changes to its visa appointment process, aiming to reduce the notoriously long wait times for Indian applicants. These updates come as a relief for thousands of people planning to travel to the United States for various purposes, including tourism, business, education, and family reunions. What Are the New Changes? To address the high demand for…
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doodledialogue · 6 years ago
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Interview series - What after B.arch? #9
Interviewee: Soujanya Krishnappa Post-graduation: M.S. Architecture, Urban and Regional Design (MAURD) | New York Institute of Technology (NYIT), New York, USA
How did you hear about the University/program? Why did you decide to take it up?
I decided to pursue a Masters during my internship days. I was exposed to the practice and the roles that Architects/contractors/clients and engineers played in shaping a project during that time. This helped me get a better understanding of how I wanted to contribute and most importantly what nature of projects I wanted to contribute to. Once this was clear to me, I started researching on courses that would feed my interest. I carefully studied the curriculum to make sure I knew what I was getting into because the way I looked at it, this was an investment I was making for my career and a lot of my time and money was going to be at stake.
What about the University/program appealed to you?
During my undergrad, I enjoyed working on the Urban Design Housing project; the scale of the project, the ability to define your own scope and design along with other disciplines excited me, the following year I chose to explore more in this realm with my thesis. When I graduated, I knew I was all about UD and was considering studying further.
I chose the New York Institute of Technology (NYIT) for a Master’s program in Architecture, Urban and Regional Design (MAURD) in 2015. I was impressed by what the curriculum had to offer but when I had a phone interview with the Dean of the program I was sure I was making the right choice. The premise of the program was to use New York as an urban laboratory to test the theories of Urban Design and develop new ones for today’s day and age. How exciting is that! And in a city like New York where opportunities are endless, it seemed like a good deal to me.
How was the experience at the University?
The program was intense from Day 1 of school, but it was the good kind of intense. The kind of intensity needed to push my boundaries and explore more. Along with regular studios, we were constantly attending meetings all over the city, networking with influential people, taking our proposals to the city authorities and endless panel discussions with eminent Architects was the drill. It was nothing like undergrad, no exams to study for, but reading was constant, no design submissions, but presenting design was the routine. To add to all this, I was also working part-time as a Store manager to cover for my living expenses. The hustle was hard but the rewards were worth it.
How was your program/University different from the others?
My program had faculty teaching in Columbia, NYU and Pratt and because of that, we had access to seminars and workshops in their universities too. This got me understanding their programs and in my opinion, the experience of a similar program in any university is not very different. What course you take, makes the difference along with certain benefits from the university, size of campus etc.
To give you an example, a person studying the same course as mine in Pratt, had same visiting faculty, attended same events as I did and worked on similar projects because the core of the program was same. But if it was somebody studying Architecture and green energy, they would have different faculty, attend different events and work on different projects. Although I think this happened because it was in a city like New York. I’m sure, this is not the case with every city.
Which semester did you attend? How did you plan the entrance exams?
I started school in the Fall of 2015. The first thing I did was to prepare for TOEFL and GRE, which took about 4-5 months. After that, I started preparing my portfolio and resume which took another month or so. I applied in December of 2014 and received my acceptance in April I think. From then on, it was all about visa, arranging documents, finance etc. I quit my job the following month and spent the next two months making sure I had everything I needed. A month later I left for New York and started school that same week.
How did you manage the finances? Did you acquire a scholarship/fee waiver?
I did receive an academic scholarship from NYIT which was a little less than half of my tuition fee per semester. I had an education loan that covered the rest and part of my living expenses until I found an on-campus job.
How is teaching at your university?
There was no teaching per se. A typical studio would begin with an agenda for the day/week, setting goals for the studio for that particular task/week. We would then have 2-3 hour roundtable/presentation/panel discussion about the topic which we would further split into teams and tackle parts of a topic. End of the day/week we gather again and put the parts together just like solving a puzzle. During this whole time, there is so much production, be it research, coming up with a design solution, modelling a mock-up, making a movie or whichever media you choose to communicate your idea with. The point is to develop a strong narrative for your case. Each studio was different though, electives were lighter and never on campus. One time, our elective was about art and it was in the MoMa and Solomon R. Guggenheim Museum. Can it really get any better? Another compelling factor was the studio environment, both physically and intellectually. Physically because, my studio was on the 11th floor on Columbus circle looking straight down into Central Park thinning into Manhattan madness, so often we would walk the studio from class into the park and finish the day at the Beer Garden. Intellectually because my batch count was 14 and very diverse. My colleagues came from different educational and cultural backgrounds, making discussions all the more interesting. In my opinion, the understanding of culture and context is the key to great and successful projects.
Tell us about the mentors at NYIT.
Jeffery Raven is the Dean of the program and a graduate from Columbia University who also taught there for a good number of years before starting MAURD at NYIT. He is very passionate about Urban Design. He is also the Head of Planning committee and board of directors at AIA (American Institute of Architects) and has many awards and publications to his name. Because of him, I got involved in the AIA and I am now, an Associate. We attended the United Nations Settlement Programme -Cities for all: inclusive implementation & monitoring at the UN headquarters, where I first met Ar. Daniel Libeskind. This was all a huge deal for me, but then on, I was constantly meeting and dining with eminent architects who we learnt about in undergrad or in our own research. Jeffery has inspired me immensely and continues to do so. The other professors were equally strong and supportive. In total the environment at school was truly inventive.
Is there any particular incident/anecdote of your time abroad that you wish to share?
There was one time before my final jury, I was making a model in the lab at 3 in the morning living off on just coffee that whole night because I hadn’t slept in two days, I wasn’t sure if I really was awake at all because otherwise, I would have seen the fire that caught on the CNC machine next to my model. The details of what happened next are faintly registered in my head and the lab was burnt down in the next 20 mins even before the fire crew came on board! The next afternoon, my team and I pinned up the sheets and our interview with the local newspaper about last night with pictures of my school on fire! We didn’t have a model, but that might have been my best jury ever. Something about the line of events in those past 48 hours changed us as a team and we were nailing the jury’s questions and I was determined not to leave the stage until my project was thoroughly vetted. Not sure if this is what you wanted, but looking back, this incident stands out when it comes to school.
Did your program have any research opportunities?
NYIT has 4 campuses around the world and there were research opportunities in all except mine because our campus was in the heart of Manhattan focused on courses that could use studio space for classes. I think they focused on developing state of art infrastructure for those kinds of courses. Research needs extensive use of all kinds of laboratories, which the midtown campus did not have the space for. The main campus was in Long Island occupying half a city and I’m pretty sure they had the supporting infrastructure.
Did you work a part-time job while studying?
I worked as an on-campus research assistant at the Laser machine lab which did not pay but reimbursed in tuition fee, but I needed money to pay my bills and rent, so I took up an Off-Campus job as a Store Manager at a Boutique for handicrafts in downtown Manhattan. It was good money and on the weekends, it was raining bills because of tourists.
Did you have post-masters plans in mind when you went to do masters? Or did you go with the flow?
When I was doing my masters, I was starting to feel positive about continuing my stay in the US. I was not ready to come back to India for two reasons. One, I had invested a lot of money in my program and it was time I started getting the returns, plus the kind of work I was getting here was very lucrative. If at that time, I had to move back to India, I had to start all over again in a junior position and work my way to Urban Design and it was going to take forever to repay my student loans that way. I don’t know what the future holds, but if I have to go back to India, I will be happy to do so.
Did you travel while/after studying?
Because my program was very intense, I seldom had time to travel and most importantly resources. I was mostly homesick and visited India a lot. But with what I had, I did visit a few places where I had friends. I got familiar with the east coast for sure but never made it to the west coast. It’s very different now, my job requires me to travel all over the country and I have been able to see a lot many places since my school years.
What message would you like to give to future students of Post-graduate studies/B.arch students?
Everybody’s journey is different, but the opportunities available are similar. My advice is
1.        Make sure you know what you want – keep your end goal clear and work backwards from where you are now.
2.        Choose wisely – no school or university can make you an Einstein if you are not committed to it. Know what your best and worst skills are and find a school that can provide a platform to tune your best skills. Everybody is not a design genius, you know who you are, so pick what will help you in your field of interest and not just because somebody said it’s a good university.
3.        Plan ahead of Masters – I know I didn’t. I had clarity only towards the end of the program. What I mean is that, if you know you want to stay back and build your career here or whatever it is that you want, think of ways you can work towards it while still in school. For example, getting an internship or working on a paper that might help you beyond master’s. If you know you want to go back to your hometown, then work on getting things in order for you to start there.
How is your master’s degree helping you in what you are doing right now?
I am currently working with AECOM as an Architectural and Urban Designer on Airports and transit hub facilities and I attribute this to an internship I did over the summer which I got because of the program that I was enrolled in. I am basically putting all the theories we were testing in studios to practice at work and I am extremely fortunate that I can do so. With the program, I have learnt to curate my research better, communicate across disciplines efficiently and approach design problems differently. Today I am able to think critically about design beyond sketches. I find myself asking decisive questions to stakeholders and constantly improving the narrative of the project.
How different was it(/will it be) coming back to India and working here in Indian scenario? What difficulties did you face(/do you foresee)?
I think coming back to India will open doors to interesting opportunities and the challenges of projects will shift drastically on so many levels which is something I have to learn to cope with but the good thing is the familiarity of practice. I follow the work of some people and firms that I admire and that helps me to be in touch with the scene in India.
Tell us more about your current work and future plans.
I am currently working on a very important project for the US National railroad passenger corporation, also known as Amtrak. We won the bid last year to revision their headquarters in Washington D.C, the project evolves in many phases, the first being redesigning their historic station that was built in 1907 and is a very significant architectural establishment in the U.S, next is developing the rail yards next to the station. The air rights were sold a few years ago for $10 Million to accommodate business, leisure and other facilities including Amtrak’s expansion towards high speed rail connecting some of the most important cities of the country in the northeast corridor from Boston to Washington D.C, via New York and Philadelphia among others, which now takes about close to 7 hours is estimated to reduce to 2.5 hours with the high speed rail. The project is very ambitious and is estimated close to $3 Billion. Because of the scale of the project, there is a constant partnership with other design firms and by this way, I have been able to network quite a lot with folks from Grimshaw, HOK, SOM among many others.
This aside, because my domain is transit hubs, most projects that come my way are airports, unfortunately, I cannot provide more details on that front because of my confidentiality contract with the client. Lastly, I also play the role of a contractor for Amtrak for their federal grant program to make all train stations in the country accessible for physically handicapped.
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Outside Harvard, Massachusetts during the second winter break. The campus of Harvard and MIT felt like shrines of knowledge.
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At Met Museum before our meeting with Kurt Behrendt, the curator of ancient art who was giving the studio a tour of Met for an elective research.  Kurt is always updating the latest additions to his department on Instagram, you can find him with the name, Kurt.behrendt
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Bjarke Ingles lecture presentation after the completion of his project West 57.
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This is a meeting our studio had with Bruce Fowle, the founder of FX FOWLE inside the Crystal Palace designed by James Ingo Freed of I.M Pei. Our studio was working on the same project as Bruce’s firm and the media had gotten the attention of this over months, so we arranged for a press meet discussion.
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This was a stakeholder meeting Jeffery had organised with a community board to talk about our project.
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At the UN headquarters for the Global meet on ‘Cities for all’. I was amazed to have made it inside the UN despite all the security craze which is 3 fold more than an airport screening amidst all the protestors right outside. This was also where I first met my celebrity Architect – Daniel Libeskind.
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My team at an outreach program on reimagining safe public spaces. We had interviewed at least 50 people that night.
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Model prototypes
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Studio picnic on the first day of spring
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The day of the final jury, last day at school
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My jury panel
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Finally, Thank you for this opportunity to share my story with everyone, I wish I had access to a forum like this 5 years back. I appreciate all the work you guys are doing in putting together stories of people who choose to do masters. This apart, I see you guys are doing so well, going places and following your passion, my best to you and your team.
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hotelnstudio · 5 years ago
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PayQ Founder Shibabrata Bhaumik listed on Forbes
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The coronavirus pandemic might help to achieve India’s stated goals of creating a less-cash economy and enhancing financial inclusion. Shoppers at even neighborhood stores now want contactless digital payments and that demand dovetails with what lenders want in lieu of working capital loans - digital invoices and online transaction records.
The multi currency, multinational payment processor PayQ, which is now active in India in a sandbox environment along with other leading UPI player have started to tap into the new customer trend who relies deeply on smartphone access for online payments. Financial companies are leveraging this opportunity to meet demand through digital media.
PayQ Founder Shibabrata Bhaumik is fond of Indian Financial regulators like RBI and SEBI who encourage the innovation in the Fintech space by allowing start-ups to experiment in ‘sandboxes’ that will offer them temporary regulatory protection especially during the pandemic stage.
As regulators like RBI and SEBI develop the framework for these sandboxes, UK-based fintech start-up PayQ now wants to be allowed into these sandboxes to get more comfortable with financial transactions for domestic as well as cross border transactions. Shibabrata’s Fintech start up PayQ, headquartered at London, which is growing at breakneck speed, is known for implementing block chain for Frictionless Payments and has surged $1.2 billion in the last financial year.
Shibabrata says, “As regulators and state governments here in India have set up sandboxes for Fintech companies and they are providing relaxation, we are working with them to open the sandboxes and operate within the guidelines.”
Sandboxes are regulatory safe havens created for Fintech start-ups to operate in. They allow live testing of new products or services on real customers in a controlled environment. If these experiments are successful and PayQ grows to a pre-determined scale, PayQ will soon exit the sandbox to operate in the open market under full regulatory supervision and will compete with the major UPI payment players like PhonePe and PayTm.
PayQ’s digital payment platform also includes digital billing to even geotagging, Shibabrata believes that merchant digitization business will boom when the lockdown eases. PayQ also deals with merchant account for high risk businesses like payment gateway for tech support, Merchant account for Pharmacy and aims to go beyond the traditional payment method to revolutionize the e-commerce industry.
Shibabrata announced small ticket credit to PayQ Merchants like Kirana Shops and small businesses. PayQ is the latest entrant to the club of Paytm, PhonePe and BharatPe, with the company announcing its ambitions to lend in a filing with local regulators. PayQ is unlikely to play for runners’ and players like Paytm and Phonepe will have to aggressively defend their crowns.
The CEO of PayQ, Shibabrata Bhaumik is a young first-generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI). He says, “Working with the government is not so difficult. It has been an enriching experience. Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally”.
The game of entrepreneurship has changed substantially during COVID19 and players have to change. Founders have to be immersed in two things: the messiness of the problem and that of the new infrastructure.
While Paytm, Google Pay, Naspers-owned PayU and other players were aggressively trying to rope in small businesses on their platform, as B2B does not bleed the business, the big scramble is for over 60 million small businesses. PayQ and Shibabrata is trying to get them hooked to the PayQ payment gateway and then offering them a host of services, including loans, and easy payment acceptance and settlement to small businesses incuding Kirana shops and that would lead to an intense battle, where incumbents could face the heat.
Moreover, the PayQ’s entry to India comes at a very opportune time. During the lockdown, several questions have been raised about the readiness of the Indian grassroots system to allow its small businesses to participate in an end-to-end digital ecosystem that powers content, transactions and finally, payments and fulfillment. With this one move, PayQ have clearly sent out signals to take on the giants in the payments, content and ecommerce spaces, simultaneously.
PayQ’s entry portends well for India, as it is likely to bring more serious and diversified investors in the country, reducing its reliance on Chinese money. However the Indian consumer will be the final and the ultimate deal-seeker yet demands the best user experience at the lowest cost. Though PayQ has grown exponentially on adoption of new territory starting from United Kingdom to diversifying its merchant acquisition to European Union and then stepping to Asian Countries but its business models is still evolving. With economic growth slowing down and consumer demand in India tempered, Shibabrata Bhaumik’s PayQ is at an interesting crossroads.
Given all this snitching, the final test will be “how does PayQ appeal to the end user?”
 In style and philosophy, Shibabrata Bhaumik, the 36-year-old founder and CEO of PayQ, is in the camp of the financial anarchists. He sits, jammed alongside Developers, Payment Technology Experts and Data Scientists, in a row of tiny desks resembling library carrels and he prefers to sit and work with the team around their desk not like a typical CEO with fancy cabin. He wears a black Business Tuxedo, Classic Red and Black Check Tie, black pants and gloss polished black formal shoes. He talks about a brave new world in which we are liberated from the shackles of giant banks and government-controlled money supplies. The CEO of PayQ, Shibabrata Bhaumik is a young first generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI), it has been an enriching experience. “Working with the government is not so difficult,” he says. “Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally".
 The multi currency, multi national payment processor PayQ, which is now active in India in a sandbox environment along with other leading UPI player have started to tap into the new customer trend who relies deeply on smartphone access for online payments. Financial companies are leveraging this opportunity to meet demand through digital media.
 During an expansive interview, this usually reserved and the press-shy entrepreneur declares why he got into this business: “I wanted the world to have a global, open financial system that drove innovation and freedom.” In the following business model, though, Shibabrata fits in with the pinstriped financiers working down the block.
 Born at Kolkata, India to an engineer Father, Shibabrata displayed an entrepreneurial streak as early as grade school. He recalls being hauled into the principal’s office on charges of operating a candy-reselling venture on the playground. The business flings continued with a scheme to resell used computers and, after he earned a master’s degree in 2006 in International Business, he started a web development business from India for overseas clients. Later, he also tried to do few export-import and bilateral trade exhibition business but didn’t turn out that great and lost a fortune and met racket of scammers from Agra, India in 2011 who defamed Shibabrata and his family and charged false allegations on him. However, the young entrepreneur didn’t loose his hope and his sprit was always positive against all odds.
 In 2012, Shibabrata read the manifesto by a European Union Bank that proposed card payments of Visa, Mastercard & the future Fintech companies will have limitless possibilities and bitcoin as an underground currency. Its transactions are recorded on a ledger called the blockchain, maintained in duplicated computer files by a band of self-appointed guardians called nodes. Disputes about transactions and ground rules are resolved by majority vote. The nodes are kept honest, and troublemakers at bay, by requiring a participant in the network to engage in some arithmetic busywork before certifying a batch of transactions. A node that completes the arithmetic task is awarded a few new coins.
 The busywork, called mining, did not interest Shibabrata. But he did see an opportunity in the business of safeguarding the keys to the coins and setting up transactions. Working weekends and late nights, Shibabrata and his Developing Team created a Payment gateway to process high volume transactions and connected the nodes with the acquiring bank and launched the first payment portal in 2014 later sold it an EU Bank.
 Few Venture capitalists from Russia and Germany, showered 5 million USD on Shibabrta’s innovative approach in 2017 and motivated him to create PayQ, a unique high-risk merchant account company whish uses cryptocurrencies and blockchains to build transaction networks for corporations.
 Crypto has been condemned as rat poison by Warren Buffett, as a fraud by Jamie Dimon and the mother of all scams by doomsday economist Nouriel Roubini. Where’s the payoff to the economy?
 It’s coming, Bhaumik says. He posits a future in which thousands of startups use crypto to raise capital in a global marketplace no longer controlled by Wall Street firms. Within a decade, he predicts, the number of people participating in the blockchain economy will explode from 50 million to 1 billion. We are destined to enjoy a financial system that is “more global, more fair, more free and more efficient”.
 New Source:
 Forbes : https://www.forbesindia.com/article/brand-connect/uk-fintech-payq-uses-sandboxes-for-digital-loans-to-kiranas/59531/1
 HT : https://www.hindustantimes.com/brand-post/fintech-start-up-payq-led-by-chanakya-shibabrata-bhaumik-enters-india/story-jOvpV4wK6ZrT31akYqgz1J.html
 accesswire : https://www.accesswire.com/579445/Londons-Fintech-Darling-Catches-up-to-Silicon-Valleys-Top-5-Payment-Processor-in-Market-Value
 ANI : https://www.aninews.in/news/business/payq-powers-smes-to-kiranas-enables-digital-billing-to-geo-tagging20200520184607/
 Yahoo Finance : https://finance.yahoo.com/news/london-fintech-darling-catches-silicon-214500969.html
TED : https://ed.ted.com/on/TQllCzlx#digdeeper
 LOKMAT : https://english.lokmat.com/business/payq-powers-smes-to-kiranas-enables-digital-billing-to-geo-tagging/
 Yahoo News : https://in.news.yahoo.com/payq-powers-smes-kiranas-enables-digital-billing-geo-131604083.html
0 notes
payqeu · 5 years ago
Text
PayQ Founder Shibabrata Bhaumik listed on Forbes
Tumblr media Tumblr media
The coronavirus pandemic might help to achieve India’s stated goals of creating a less-cash economy and enhancing financial inclusion. Shoppers at even neighborhood stores now want contactless digital payments and that demand dovetails with what lenders want in lieu of working capital loans - digital invoices and online transaction records.
The multi currency, multinational payment processor PayQ, which is now active in India in a sandbox environment along with other leading UPI player have started to tap into the new customer trend who relies deeply on smartphone access for online payments. Financial companies are leveraging this opportunity to meet demand through digital media.
PayQ Founder Shibabrata Bhaumik is fond of Indian Financial regulators like RBI and SEBI who encourage the innovation in the Fintech space by allowing start-ups to experiment in ‘sandboxes’ that will offer them temporary regulatory protection especially during the pandemic stage.
As regulators like RBI and SEBI develop the framework for these sandboxes, UK-based fintech start-up PayQ now wants to be allowed into these sandboxes to get more comfortable with financial transactions for domestic as well as cross border transactions. Shibabrata’s Fintech start up PayQ, headquartered at London, which is growing at breakneck speed, is known for implementing block chain for Frictionless Payments and has surged $1.2 billion in the last financial year.
Shibabrata says, “As regulators and state governments here in India have set up sandboxes for Fintech companies and they are providing relaxation, we are working with them to open the sandboxes and operate within the guidelines.”
Sandboxes are regulatory safe havens created for Fintech start-ups to operate in. They allow live testing of new products or services on real customers in a controlled environment. If these experiments are successful and PayQ grows to a pre-determined scale, PayQ will soon exit the sandbox to operate in the open market under full regulatory supervision and will compete with the major UPI payment players like PhonePe and PayTm.
PayQ’s digital payment platform also includes digital billing to even geotagging, Shibabrata believes that merchant digitization business will boom when the lockdown eases. PayQ also deals with merchant account for high risk businesses like payment gateway for tech support, Merchant account for Pharmacy and aims to go beyond the traditional payment method to revolutionize the e-commerce industry.
Shibabrata announced small ticket credit to PayQ Merchants like Kirana Shops and small businesses. PayQ is the latest entrant to the club of Paytm, PhonePe and BharatPe, with the company announcing its ambitions to lend in a filing with local regulators. PayQ is unlikely to play for runners’ and players like Paytm and Phonepe will have to aggressively defend their crowns.
The CEO of PayQ, Shibabrata Bhaumik is a young first-generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI). He says, “Working with the government is not so difficult. It has been an enriching experience. Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally”.
The game of entrepreneurship has changed substantially during COVID19 and players have to change. Founders have to be immersed in two things: the messiness of the problem and that of the new infrastructure.
While Paytm, Google Pay, Naspers-owned PayU and other players were aggressively trying to rope in small businesses on their platform, as B2B does not bleed the business, the big scramble is for over 60 million small businesses. PayQ and Shibabrata is trying to get them hooked to the PayQ payment gateway and then offering them a host of services, including loans, and easy payment acceptance and settlement to small businesses incuding Kirana shops and that would lead to an intense battle, where incumbents could face the heat.
Moreover, the PayQ’s entry to India comes at a very opportune time. During the lockdown, several questions have been raised about the readiness of the Indian grassroots system to allow its small businesses to participate in an end-to-end digital ecosystem that powers content, transactions and finally, payments and fulfillment. With this one move, PayQ have clearly sent out signals to take on the giants in the payments, content and ecommerce spaces, simultaneously.
PayQ’s entry portends well for India, as it is likely to bring more serious and diversified investors in the country, reducing its reliance on Chinese money. However the Indian consumer will be the final and the ultimate deal-seeker yet demands the best user experience at the lowest cost. Though PayQ has grown exponentially on adoption of new territory starting from United Kingdom to diversifying its merchant acquisition to European Union and then stepping to Asian Countries but its business models is still evolving. With economic growth slowing down and consumer demand in India tempered, Shibabrata Bhaumik’s PayQ is at an interesting crossroads.
Given all this snitching, the final test will be “how does PayQ appeal to the end user?”
 In style and philosophy, Shibabrata Bhaumik, the 36-year-old founder and CEO of PayQ, is in the camp of the financial anarchists. He sits, jammed alongside Developers, Payment Technology Experts and Data Scientists, in a row of tiny desks resembling library carrels and he prefers to sit and work with the team around their desk not like a typical CEO with fancy cabin. He wears a black Business Tuxedo, Classic Red and Black Check Tie, black pants and gloss polished black formal shoes. He talks about a brave new world in which we are liberated from the shackles of giant banks and government-controlled money supplies. The CEO of PayQ, Shibabrata Bhaumik is a young first generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI), it has been an enriching experience. “Working with the government is not so difficult,” he says. “Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally".
 The multi currency, multi national payment processor PayQ, which is now active in India in a sandbox environment along with other leading UPI player have started to tap into the new customer trend who relies deeply on smartphone access for online payments. Financial companies are leveraging this opportunity to meet demand through digital media.
 During an expansive interview, this usually reserved and the press-shy entrepreneur declares why he got into this business: “I wanted the world to have a global, open financial system that drove innovation and freedom.” In the following business model, though, Shibabrata fits in with the pinstriped financiers working down the block.
 Born at Kolkata, India to an engineer Father, Shibabrata displayed an entrepreneurial streak as early as grade school. He recalls being hauled into the principal’s office on charges of operating a candy-reselling venture on the playground. The business flings continued with a scheme to resell used computers and, after he earned a master’s degree in 2006 in International Business, he started a web development business from India for overseas clients. Later, he also tried to do few export-import and bilateral trade exhibition business but didn’t turn out that great and lost a fortune and met racket of scammers from Agra, India in 2011 who defamed Shibabrata and his family and charged false allegations on him. However, the young entrepreneur didn’t loose his hope and his sprit was always positive against all odds.
 In 2012, Shibabrata read the manifesto by a European Union Bank that proposed card payments of Visa, Mastercard & the future Fintech companies will have limitless possibilities and bitcoin as an underground currency. Its transactions are recorded on a ledger called the blockchain, maintained in duplicated computer files by a band of self-appointed guardians called nodes. Disputes about transactions and ground rules are resolved by majority vote. The nodes are kept honest, and troublemakers at bay, by requiring a participant in the network to engage in some arithmetic busywork before certifying a batch of transactions. A node that completes the arithmetic task is awarded a few new coins.
 The busywork, called mining, did not interest Shibabrata. But he did see an opportunity in the business of safeguarding the keys to the coins and setting up transactions. Working weekends and late nights, Shibabrata and his Developing Team created a Payment gateway to process high volume transactions and connected the nodes with the acquiring bank and launched the first payment portal in 2014 later sold it an EU Bank.
 Few Venture capitalists from Russia and Germany, showered 5 million USD on Shibabrta’s innovative approach in 2017 and motivated him to create PayQ, a unique high-risk merchant account company whish uses cryptocurrencies and blockchains to build transaction networks for corporations.
 Crypto has been condemned as rat poison by Warren Buffett, as a fraud by Jamie Dimon and the mother of all scams by doomsday economist Nouriel Roubini. Where’s the payoff to the economy?
 It’s coming, Bhaumik says. He posits a future in which thousands of startups use crypto to raise capital in a global marketplace no longer controlled by Wall Street firms. Within a decade, he predicts, the number of people participating in the blockchain economy will explode from 50 million to 1 billion. We are destined to enjoy a financial system that is “more global, more fair, more free and more efficient”.
 New Source:
 Forbes : https://www.forbesindia.com/article/brand-connect/uk-fintech-payq-uses-sandboxes-for-digital-loans-to-kiranas/59531/1
 HT : https://www.hindustantimes.com/brand-post/fintech-start-up-payq-led-by-chanakya-shibabrata-bhaumik-enters-india/story-jOvpV4wK6ZrT31akYqgz1J.html
 accesswire : https://www.accesswire.com/579445/Londons-Fintech-Darling-Catches-up-to-Silicon-Valleys-Top-5-Payment-Processor-in-Market-Value
 ANI : https://www.aninews.in/news/business/payq-powers-smes-to-kiranas-enables-digital-billing-to-geo-tagging20200520184607/
 Yahoo Finance : https://finance.yahoo.com/news/london-fintech-darling-catches-silicon-214500969.html
TED : https://ed.ted.com/on/TQllCzlx#digdeeper
 LOKMAT : https://english.lokmat.com/business/payq-powers-smes-to-kiranas-enables-digital-billing-to-geo-tagging/
 Yahoo News : https://in.news.yahoo.com/payq-powers-smes-kiranas-enables-digital-billing-geo-131604083.html
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shibabratabhaumik · 5 years ago
Text
PayQ Founder Shibabrata Bhaumik listed on Forbes
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The coronavirus pandemic might help to achieve India’s stated goals of creating a less-cash economy and enhancing financial inclusion. Shoppers at even neighborhood stores now want contactless digital payments and that demand dovetails with what lenders want in lieu of working capital loans - digital invoices and online transaction records.
The multi currency, multinational payment processor PayQ, which is now active in India in a sandbox environment along with other leading UPI player have started to tap into the new customer trend who relies deeply on smartphone access for online payments. Financial companies are leveraging this opportunity to meet demand through digital media.
PayQ Founder Shibabrata Bhaumik is fond of Indian Financial regulators like RBI and SEBI who encourage the innovation in the Fintech space by allowing start-ups to experiment in ‘sandboxes’ that will offer them temporary regulatory protection especially during the pandemic stage.
As regulators like RBI and SEBI develop the framework for these sandboxes, UK-based fintech start-up PayQ now wants to be allowed into these sandboxes to get more comfortable with financial transactions for domestic as well as cross border transactions. Shibabrata’s Fintech start up PayQ, headquartered at London, which is growing at breakneck speed, is known for implementing block chain for Frictionless Payments and has surged $1.2 billion in the last financial year.
Shibabrata says, “As regulators and state governments here in India have set up sandboxes for Fintech companies and they are providing relaxation, we are working with them to open the sandboxes and operate within the guidelines.”
Sandboxes are regulatory safe havens created for Fintech start-ups to operate in. They allow live testing of new products or services on real customers in a controlled environment. If these experiments are successful and PayQ grows to a pre-determined scale, PayQ will soon exit the sandbox to operate in the open market under full regulatory supervision and will compete with the major UPI payment players like PhonePe and PayTm.
PayQ’s digital payment platform also includes digital billing to even geotagging, Shibabrata believes that merchant digitization business will boom when the lockdown eases. PayQ also deals with merchant account for high risk businesses like payment gateway for tech support, Merchant account for Pharmacy and aims to go beyond the traditional payment method to revolutionize the e-commerce industry.
Shibabrata announced small ticket credit to PayQ Merchants like Kirana Shops and small businesses. PayQ is the latest entrant to the club of Paytm, PhonePe and BharatPe, with the company announcing its ambitions to lend in a filing with local regulators. PayQ is unlikely to play for runners’ and players like Paytm and Phonepe will have to aggressively defend their crowns.
The CEO of PayQ, Shibabrata Bhaumik is a young first-generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI). He says, “Working with the government is not so difficult. It has been an enriching experience. Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally”.
The game of entrepreneurship has changed substantially during COVID19 and players have to change. Founders have to be immersed in two things: the messiness of the problem and that of the new infrastructure.
While Paytm, Google Pay, Naspers-owned PayU and other players were aggressively trying to rope in small businesses on their platform, as B2B does not bleed the business, the big scramble is for over 60 million small businesses. PayQ and Shibabrata is trying to get them hooked to the PayQ payment gateway and then offering them a host of services, including loans, and easy payment acceptance and settlement to small businesses incuding Kirana shops and that would lead to an intense battle, where incumbents could face the heat.
Moreover, the PayQ’s entry to India comes at a very opportune time. During the lockdown, several questions have been raised about the readiness of the Indian grassroots system to allow its small businesses to participate in an end-to-end digital ecosystem that powers content, transactions and finally, payments and fulfillment. With this one move, PayQ have clearly sent out signals to take on the giants in the payments, content and ecommerce spaces, simultaneously.
PayQ’s entry portends well for India, as it is likely to bring more serious and diversified investors in the country, reducing its reliance on Chinese money. However the Indian consumer will be the final and the ultimate deal-seeker yet demands the best user experience at the lowest cost. Though PayQ has grown exponentially on adoption of new territory starting from United Kingdom to diversifying its merchant acquisition to European Union and then stepping to Asian Countries but its business models is still evolving. With economic growth slowing down and consumer demand in India tempered, Shibabrata Bhaumik’s PayQ is at an interesting crossroads.
Given all this snitching, the final test will be “how does PayQ appeal to the end user?”
 In style and philosophy, Shibabrata Bhaumik, the 36-year-old founder and CEO of PayQ, is in the camp of the financial anarchists. He sits, jammed alongside Developers, Payment Technology Experts and Data Scientists, in a row of tiny desks resembling library carrels and he prefers to sit and work with the team around their desk not like a typical CEO with fancy cabin. He wears a black Business Tuxedo, Classic Red and Black Check Tie, black pants and gloss polished black formal shoes. He talks about a brave new world in which we are liberated from the shackles of giant banks and government-controlled money supplies. The CEO of PayQ, Shibabrata Bhaumik is a young first generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI), it has been an enriching experience. “Working with the government is not so difficult,” he says. “Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally".
 The multi currency, multi national payment processor PayQ, which is now active in India in a sandbox environment along with other leading UPI player have started to tap into the new customer trend who relies deeply on smartphone access for online payments. Financial companies are leveraging this opportunity to meet demand through digital media.
 During an expansive interview, this usually reserved and the press-shy entrepreneur declares why he got into this business: “I wanted the world to have a global, open financial system that drove innovation and freedom.” In the following business model, though, Shibabrata fits in with the pinstriped financiers working down the block.
 Born at Kolkata, India to an engineer Father, Shibabrata displayed an entrepreneurial streak as early as grade school. He recalls being hauled into the principal’s office on charges of operating a candy-reselling venture on the playground. The business flings continued with a scheme to resell used computers and, after he earned a master’s degree in 2006 in International Business, he started a web development business from India for overseas clients. Later, he also tried to do few export-import and bilateral trade exhibition business but didn’t turn out that great and lost a fortune and met racket of scammers from Agra, India in 2011 who defamed Shibabrata and his family and charged false allegations on him. However, the young entrepreneur didn’t loose his hope and his sprit was always positive against all odds.
 In 2012, Shibabrata read the manifesto by a European Union Bank that proposed card payments of Visa, Mastercard & the future Fintech companies will have limitless possibilities and bitcoin as an underground currency. Its transactions are recorded on a ledger called the blockchain, maintained in duplicated computer files by a band of self-appointed guardians called nodes. Disputes about transactions and ground rules are resolved by majority vote. The nodes are kept honest, and troublemakers at bay, by requiring a participant in the network to engage in some arithmetic busywork before certifying a batch of transactions. A node that completes the arithmetic task is awarded a few new coins.
 The busywork, called mining, did not interest Shibabrata. But he did see an opportunity in the business of safeguarding the keys to the coins and setting up transactions. Working weekends and late nights, Shibabrata and his Developing Team created a Payment gateway to process high volume transactions and connected the nodes with the acquiring bank and launched the first payment portal in 2014 later sold it an EU Bank.
 Few Venture capitalists from Russia and Germany, showered 5 million USD on Shibabrta’s innovative approach in 2017 and motivated him to create PayQ, a unique high-risk merchant account company whish uses cryptocurrencies and blockchains to build transaction networks for corporations.
 Crypto has been condemned as rat poison by Warren Buffett, as a fraud by Jamie Dimon and the mother of all scams by doomsday economist Nouriel Roubini. Where’s the payoff to the economy?
 It’s coming, Bhaumik says. He posits a future in which thousands of startups use crypto to raise capital in a global marketplace no longer controlled by Wall Street firms. Within a decade, he predicts, the number of people participating in the blockchain economy will explode from 50 million to 1 billion. We are destined to enjoy a financial system that is “more global, more fair, more free and more efficient”.
 New Source:
 Forbes : https://www.forbesindia.com/article/brand-connect/uk-fintech-payq-uses-sandboxes-for-digital-loans-to-kiranas/59531/1
 HT : https://www.hindustantimes.com/brand-post/fintech-start-up-payq-led-by-chanakya-shibabrata-bhaumik-enters-india/story-jOvpV4wK6ZrT31akYqgz1J.html
 accesswire : https://www.accesswire.com/579445/Londons-Fintech-Darling-Catches-up-to-Silicon-Valleys-Top-5-Payment-Processor-in-Market-Value
 ANI : https://www.aninews.in/news/business/payq-powers-smes-to-kiranas-enables-digital-billing-to-geo-tagging20200520184607/
 Yahoo Finance : https://finance.yahoo.com/news/london-fintech-darling-catches-silicon-214500969.html
TED : https://ed.ted.com/on/TQllCzlx#digdeeper
 LOKMAT : https://english.lokmat.com/business/payq-powers-smes-to-kiranas-enables-digital-billing-to-geo-tagging/
 Yahoo News : https://in.news.yahoo.com/payq-powers-smes-kiranas-enables-digital-billing-geo-131604083.html
0 notes
bigyack-com · 5 years ago
Text
Thailand Targets Tourism Revenue of 3.18 Trillion Baht in 2020
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The Tourism Authority of Thailand (TAT) has set a target of 3.18 trillion Baht in overall tourism revenue for 2020, a 4% year-on-year increase. The amount includes 2.02 trillion Baht from international tourists, up 3%, and 1.16 trillion Baht from domestic tourists, an increase of 5%. Last year, Thailand is estimated to have generated 3.06 trillion Baht, a 4% increase on 2018. This impressive amount includes 1.96 trillion Baht, an increase of 4%, from 39.77 million international tourists, also up 4%, and 1.10 trillion Baht, a growth of 3%, from 167 million domestic trips, up 1%. Thailand welcomed its 39 millionth tourist of the year on 27 December 2019.
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“TAT’s target for 2020 is based on several favourable factors, ranging from the government’s stimulus measures, TAT’s focussed marketing strategies and promotions of emerging destinations, new air routes and the positive outlook of international tourists to Thailand from key source markets,” said Khun Yuthasak Supasorn, TAT Governor. The Thai government has launched a number of measures designed to help stimulate more inbound travel, including the opening of more VAT refund shops and counters, 24-hour cross-border service on the Thai-Malaysian and Thai-Lao borders during weekends and holidays, e-visas and exemption of the visa-on-arrival fee until 30 April 2020, and a 50% discount on airport landing fees for international flights from 1 December 2019 to 30 April 2020, to name but a few. New air routes, including Hangzhou-Chiang Rai, Sendai-Bangkok, Munich-Phuket, and Doha-Chiang Mai, will also help to boost arrivals. Mr. Yuthasak said, “Leveraging these favourable factors and gearing up to mark the 60th anniversary in 2020, TAT is committed to making travel and tourism the kingdom’s most economically promising, environmentally sustainable, and culturally vibrant sector.” In 2020, TAT is seeing a positive outlook of international tourists to Thailand from several markets including the CLMV countries (Cambodia, Lao PDR, Myanmar, and Vietnam), Malaysia, Philippines, Indonesia, South Korea, Taiwan, India, Spain, Eastern Europe, Israel and the US. The Chinese, Singaporean and Middle Eastern markets are showing signs of recovery, while the Japanese, Hong Kong, European, Scandinavian, Australian and Latin American markets are expected to remain stable or show a slow growth. Mr. Yuthasak said, “TAT is also preparing to overcome several challenges, including the effect from the China–US trade war, the rise in consumption tax in Japan, and Brexit. The strong Thai Baht, Tokyo 2020 Summer Olympics, World Expo 2020 Dubai and stimulus visa schemes from country competitors have also been taken into consideration when laying out our tourism marketing strategies.” See latest Travel News, Interviews, Podcasts and other news regarding: TAT, Tourism Authority of Thailand, Thailand, Sisaket, Ubon Ratchathani, Khon Kaen, Roi-Et. Headlines: Vietjet Takes Delivery of Two More Airbus Aircraft  Two Executive Appointments at Bombardier Aviation  Air India No Longer Available on Sabre GDS  Thailand Targets Tourism Revenue of 3.18 Trillion Baht in 2020  Gen Z - Airbnb's Fastest Growing Market for Experiences in Asia Pacific  Air Canada Takes Delivery of First Airbus A220-300  AirAsia Launches Flights Between Kuala Lumpur and Dalat, Vietnam  Cebu Pacific Orders 15 Airbus Aircraft, Including Up To 10 A321XLRs  American Airlines and Royal Air Maroc to Codeshare  New Immigration Requirements to Help Solomon Islands Fight Measles  Vietjet Launches Danang - Singapore Flights  American Express GBT Forecasts Stable Air Prices in 2020  Etihad and Kuwait Airways to Codeshare  PAG and Inmark Purchase Grand Hyatt Seoul  British Airways and Iberia Achieve IATA NDC @Scale Certification  Air Caraïbes Takes Delivery of First A350-1000  Aman Signs Fourth Resort in Japan  Hamilton to Host HSBC New Zealand Sevens 25-26 January 2020  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Completes In-Flight Wi-Fi Installation  Saab Wins Order for Digital Air Traffic Towers in Netherlands  Whitbread Secures Fourth Premier Inn Hotel in Dublin, Ireland  Amman to Host CAPA Middle East & Africa Aviation Summit 2020  Boeing to Suspend Production of 737 MAX  Cathay Pacific's Inbound Hong Kong Traffic Down 46% in November  Singapore Airlines to Launch Flights to Brussels, Belgium  Wego Signs Retailing Agreement with ATPCO  GTR Opens Air Cargo Hub at KLIA Air Cargo Terminal 1  Bombardier Uses SAF to Deliver Challenger 350 to Latitude 33 Aviation  Swiss-Belhotel Signs First Hotel in Malaysia  Czech Air Force Orders Two More Airbus C295 Aircraft  New Boeing-Built Satellite to Orbit Over Asia Pacific  Third Four Points by Sheraton Hotel Opens in Malaysia  Hong Kong Airport Reports Further Drop in Pax, Cargo and Flights  Air Canada Launches Flights Between Vancouver and Auckland, New Zealand  Andaz Macau Appoints Chikako Shimizu as GM  Cathay Pacific to Take Over Air New Zealand's 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Osprey to United States Marine Corps  Marriott Signs Six Hotels in India  Accor to Rebrand Hotel in Queensland, Australia  MHG Signs Two Hotels in Doha, Qatar  Vietjet Launches Flights to New Delhi from Hanoi and Saigon  SKY Signs Purchase Agreement for 10 Airbus A321XLRs  British Airways Trials 3D Printing  SAS' First A350 to Enter Long-Haul Service on 28 January  Air Italy and Oman Air Sign Codeshare Agreement  ACH and Aston Martin to Unveil 'New Creation' in January  Qantas Signs FFP Agreement with Air France - KLM Group  Malaysia Airlines Launches Shuttle Fares on Flights Between KL and Singapore  Accor to Open 125-Room Mercure Hotel in Canberra in January  Openings Push Australia's Hotel Inventory to Over 300,000 Rooms  Alban Dutemple Appointed Cluster GM of Two Hotels in Bahrain  Air New Zealand Trials Edible Coffee Cups  Manchester Airport Unveils Details of £1 Billion Transformation  South Africa Beat New Zealand to Win Dubai Sevens  Aviation: RPKs Up 3.4% in October 2019  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Oil And Gas Companies in Singapore - Job Vacancies In Oil Industries! Apply Online These Days!
Description:Becoming a landman is a big profession where to earn salary of over 100,000 dollars yr with no previous ordeal. I can't think of any other business where one can earn this type of money with no worked around ever. , Oil And Gas Recruitment Agencies In India But, now that the prices are rising daily, there is nobody to do the work and companies are shelling out the landmen whatever it will take. You can take advantage within this lack of skilled landmen and start earning $500+ per day along just about all the expenses paid. I don't know of any other business that enable you to earn sort of money in the first place. And, this book will show you all you must learn to have a jump start to earning the income you worthy of.
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It entirely possible that oil and gas companies are finding new places where they can drill all the time. Hiring Oil And Gas Staffing Agencies production in the Mexico Gulf will return into swing any time soon. Even countries like Australia are tapping their own natural reserve and with emerging markets coming into play it looks like just about be a lot of jobs to bypass for a challenging time today.
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The Bakken oil growth proceeds to established information. 2011 observed quite a few information both equally within precisely the oil business and outdoors of the oil marketplace decrease. A report 201 oilrigs have been operating in August of 2011. six,202 oil-making wells were running in North Dakota this season. Retail sales in the oil industry location are up 39 % from an identical time last calendar while. Retail taxes in the city of Williston and Tioga saw an enhance of 139 percent. The neighboring online community of Stanley noticed an improve in retail taxes of 127 %. These documents will most likely all be damaged in 2012 currently being the oil growth grows whenever we want stronger.
Perhaps the next best way to get a job out tend to be : to experience a very good. If someone you know is hiring, ask them for the job. Or if they know of someone who is, ask these put within a good word for you so you may get a job. Of course this sounds easy, it's quite a bit less simple precisely as it seems. Unless your friend happens to get well pertaining to the higher up's and authorities, it can be pretty impossible trying to buy job this particular way.
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To work offshore website . have all the valid work certification. Make sure that you read task description thoroughly so now you understand what is expected from . This will save you a lot of time and effort and in the event you apply for the appropriate job and the job now you understand you are qualified attempt and do you understand that are usually shortlisted often and actually contacted coming from the employer.
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0 notes
businessliveme · 5 years ago
Text
Special Feature: Ras Al Khaimah Economic Zone at a Glance
Home to around 14,500 large and small companies, RAKEZ has been bring in investments into Ras Al Khaimah, leading to economic growth and job creation, and enabling the UAE to shift from capital and labour intensive economy to innovative and technology-driven economy. It has also emerged as a business incubator for SMEs within the UAE and has been receiving ‘A’ rating from Fitch Ratings for 10 years. However, there is increased completion from several new hubs and RAKEZ is looking to stay ahead with bigger incentives and benefits. These include state-of-the-art business and industrial facilities in six specialised zones, support service and customisation for business needs.
In an exclusive interview with BusinessLive Middle East, RAKEZ Group Chief Executive Officer Ramy Jallad how discusses on diversifying services, industrial incentives and incentives and connecting with startups and SMEs.
Location advantage 
The free zone is supported by major logistical hubs:
5 seaports, including Saqr Port – the largest bulk commodity port in the Middle East
RAK international airport as well as proximity to Dubai International Airport
Multi-lane superhighways connecting to neighbouring emirates and countries
Incentives and services: 
Cost of living and cost of setting up and running a business is 50% less than the region 
Simplified processes, one-stop shops, expert client representatives and self-service client portal accessible 24×7
There is a dedicated account manager for each industrial company to assist with licence and visa renewals, facility expansions, mortgage facilitation, support on technical issues and other federal and local authorities related issues
There is also a dedicated engineering team to approve drawings, issue permits and required construction certificates 
Availability of onsite technical support including issuance of building permits
The free zones offers customisation of product and services 
Manufacturing & Assembly 
The free zone houses more than 770 industrial companies. It is a hub for companies such as:
Italfood: The Italian cheese brand has been manufacturing mozzarella cheese in Ras Al Khaimah since 2010 and uses high-quality ingredients and fresh milk from local farms to make its products
Ahmad Tea blends and packs its products at RAKEZ. It produces around 14 million kg of tea blends every year and exports it to 80 countries.
Ashok Leyland assembles vehicle at the free zone and is a major contributor of the UAE’s public transport. Its base in Ras Al Khaimah manufactures nearly 3,000 buses per year 
Dabur, the personal care products brand, has been in Ras Al Khaimah since 2007 and supplies the Middle East region from the free zone. 
Other well-known brands operating in RAKEZ include Streit Group in vehicle armouring, Knauf in construction materials manufacturing and Saver Glass and Guardian Glass in glass manufacturing
Sops for Startups and SMEs 
“The free zone has been nurturing the startup ecosystem and hosted the first-ever Seaside Startup Summit in the UAE and Startup Weekend Ras Al Khaimah,” says Ramy Jallad. 
“For young ventures, the free zone offers co-working spaces, incubators and accelerators. 
There are quick set-up processes, support services, shared workstations for low-risk solution to explore the market and offices for building a permanent regional presence.  
“There is also a RAKEZ Mubader Package for aspiring young entrepreneurs (fresh graduates and final-year students) and starts from AED 650 per month. It gives them licence, shared workspace and ongoing support services.
“A large percentage of companies at RAKEZ are SMEs, which are spread across 50 industries,” adds. 
Industry breakup 
The 14,500 businesses in RAKEZ come from a variety of sectors:
Trade:  45.5% 
Services: 33.31%
General Trading: 8.28%
Industrial: 5.31%
Media, E-commerce and Education: 7.6%
Investment and Expansion 
RAKEZ is enhancing the infrastructure and adding services to its specialised zones. These include:  
Improving business environment, and ease of doing business, and constructing infrastructure to enable the growth of these industrial clusters
Construct new warehouses and more labour accommodations
Extend and upgrade the road networks and create new entry and exit gates for easier and faster movements of goods 
Add more standard offices in Business Zone and Al Hamra Industrial Zone
Partner with more key organisations. In 2019, it partnered with RAK Bank, Noor Bank and Mashreq to offer clients with more banking options
Hold more roadshows and join exhibitions in different parts of the globe to connect with more businesses
Setting the direction for coordinated investment promotion activities in Ras Al Khaimah, in line with the RAK 2030 Vision 
Development of a one-stop shop that serves as a platform to RAKEZ and the various government entities to provide a seamless customer experience to investors operating in the emirate
Support entrepreneurs, startups and SMEs, by developing more competitive solutions 
Incentives for women entrepreneurs. Starting at AED 6,200 per year, 1 and 3-year packages with come with value-added services, free usage of shared workstations and one free investor visa
Reaching Out to Foreign Markets 
RAKEZ has representative offices in India and Germany and is exploring markets such as UK, India, China, Germany, Pakistan and France to support international investors to set up their businesses in the UAE. 
Ramy Jallad Group Chief Executive Officer Ras Al Khaimah Economic Zone (RAKEZ)
Ramy Jallad is the Chief Executive Officer of RAKEZ. His role is to develop and drive the strategic growth, creating a thriving commercial and industrial business hub that attracts and welcomes investors from all around the world. Mr Jallad has over 25 years of professional experience, where he has developed and led various commercial and industrial free zones, business parks and mixed-use real estate developments. Mr Jallad holds a Bachelor of Science degree in Mechanical Engineering. He is also a Lead Assessor of the European Foundation for Quality Management and a certified trainer in sales, marketing, and customer care as well as people management.
    The post Special Feature: Ras Al Khaimah Economic Zone at a Glance appeared first on Businessliveme.com.
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0 notes
shuying877 · 6 years ago
Text
[Osaka-Japan] Management Trainee needed job at bcause Japan
b-cause, Inc. provides translation service from English, Spanish, Korean, Chinese, and other major languages into Japanese, as well as translation from Japanese into other foreign languages. b-cause features over 50,000 registered native speakers both in Japan and around the world. We can handle the wide range of language needs of our customers — everything from English and other major languages to Kazakh and other rare languages. From general text to specialized documents, your translation is handled by staff specialized in that field. We use native translators for every language to ensure that delicate nuances inherent to each language are properly expressed. And full-time staff at our global affiliates are always standing by to provide quick, accurate, quality translations in all major languages.
Employment Status: Regular Employee
Department: Translation Team
Job Category: Management Trainee
Work Location: Headquarter In Osaka → India within 3 – 5 Years.
Business Trip Area: India
Estimated Trip Period: Long Term.
  [Specific Work Content]
·         While in Japan (3 – 5 years) you will join translation team and learn how business goes on OJT.
·         Compose Estimate to customer in collaboration with sales person
·         Translation project coordination / management (Schedule creation, creation of data for translation, check, delivery.
·         Vendor Management
·         Ordering to domestic and overseas translation companies and to freelance translators.
  Qualification – [Prerequisite]  
Tumblr media
Hindi Native level
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Japanese N1
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Experience of any kind of management related work
Tumblr media
Who can work in India in the future (in 3-5 years).
  PC Skill: Word, Excel
Work Experience: Interpreter/Translation experience are welcomed.
Language Proficiency           
·         Japanese – Business level
·         Hindi – Native level.
  Salary: 4 million yen or more/Annually
* Depends of the interview, we may offer contract employee position, depending on your skill and experience.
  Working Hours: 09: 00 ~ 18: 00
Holidays:
Weekends / National holidays and New Year/Summer time       
Annual holiday days 115 days.
  Overtime Pay – Yes
Company Benefits
·         Pay raise once in a Year,
·         Maternity leave
·         Education support
  Insurance: Full Social Insurance
Transportation expenses: fully covered.
  Apply Instruction:
Send your update resume to    [email protected]
Or
Register & Update your resume at Database. Apply your own at
https://www.b-cause-erp.com/centralRegistration/referredby:B0017
(Please wait until this link is loading, it may take 2/3 min)
  Application method:
  ·         Click HiworkErp from the application form.
·         Provide Email Id in staff ID option
·         Click ‘SAVE’ after update your resume.
Please give valid information in your resume for VISA support.
Tumblr media
Hindi Native level
Tumblr media
Japanese N1
Tumblr media
Experience of any kind of management related work
Tumblr media
Who can work in India in the future (in 3-5 years).
From http://www.startupjobs.asia/job/40965–osaka-japan-management-trainee-needed-corporate-support-job-at-bcause-japan
from https://startupjobsasiablog.wordpress.com/2018/10/17/osaka-japan-management-trainee-needed-job-at-bcause-japan-2/
0 notes
startupjobsasia · 6 years ago
Text
[Osaka-Japan] Management Trainee needed job at bcause Japan
b-cause, Inc. provides translation service from English, Spanish, Korean, Chinese, and other major languages into Japanese, as well as translation from Japanese into other foreign languages. b-cause features over 50,000 registered native speakers both in Japan and around the world. We can handle the wide range of language needs of our customers -- everything from English and other major languages to Kazakh and other rare languages. From general text to specialized documents, your translation is handled by staff specialized in that field. We use native translators for every language to ensure that delicate nuances inherent to each language are properly expressed. And full-time staff at our global affiliates are always standing by to provide quick, accurate, quality translations in all major languages.
Employment Status: Regular Employee
Department: Translation Team
Job Category: Management Trainee
Work Location: Headquarter In Osaka → India within 3 - 5 Years.
Business Trip Area: India
Estimated Trip Period: Long Term.
 [Specific Work Content]
·         While in Japan (3 - 5 years) you will join translation team and learn how business goes on OJT.
·         Compose Estimate to customer in collaboration with sales person
·         Translation project coordination / management (Schedule creation, creation of data for translation, check, delivery.
·         Vendor Management
·         Ordering to domestic and overseas translation companies and to freelance translators.
 Qualification - [Prerequisite]  
▪ Hindi Native level
▪ Japanese N1
▪ Experience of any kind of management related work
▪ Who can work in India in the future (in 3-5 years).
 PC Skill: Word, Excel
Work Experience: Interpreter/Translation experience are welcomed.
Language Proficiency           
·         Japanese - Business level
·         Hindi - Native level.
 Salary: 4 million yen or more/Annually
* Depends of the interview, we may offer contract employee position, depending on your skill and experience.
 Working Hours: 09: 00 ~ 18: 00
Holidays:
Weekends / National holidays and New Year/Summer time       
Annual holiday days 115 days.
 Overtime Pay - Yes
Company Benefits
·         Pay raise once in a Year,
·         Maternity leave
·         Education support
 Insurance: Full Social Insurance
Transportation expenses: fully covered.
 Apply Instruction:
Send your update resume to    [email protected]
Or
Register & Update your resume at Database. Apply your own at
https://www.b-cause-erp.com/centralRegistration/referredby:B0017
(Please wait until this link is loading, it may take 2/3 min)
 Application method:
 ·         Click HiworkErp from the application form.
·         Provide Email Id in staff ID option
·         Click ‘SAVE’ after update your resume.
Please give valid information in your resume for VISA support.
▪ Hindi Native level
▪ Japanese N1
▪ Experience of any kind of management related work
▪ Who can work in India in the future (in 3-5 years).
StartUp Jobs Asia - Startup Jobs in Singapore , Malaysia , HongKong ,Thailand from http://www.startupjobs.asia/job/40965--osaka-japan-management-trainee-needed-corporate-support-job-at-bcause-japan
0 notes
ameliamike90 · 6 years ago
Text
[Osaka-Japan] Management Trainee needed job at bcause Japan
b-cause, Inc. provides translation service from English, Spanish, Korean, Chinese, and other major languages into Japanese, as well as translation from Japanese into other foreign languages. b-cause features over 50,000 registered native speakers both in Japan and around the world. We can handle the wide range of language needs of our customers – everything from English and other major languages to Kazakh and other rare languages. From general text to specialized documents, your translation is handled by staff specialized in that field. We use native translators for every language to ensure that delicate nuances inherent to each language are properly expressed. And full-time staff at our global affiliates are always standing by to provide quick, accurate, quality translations in all major languages.
Employment Status: Regular Employee
Department: Translation Team
Job Category: Management Trainee
Work Location: Headquarter In Osaka → India within 3 - 5 Years.
Business Trip Area: India
Estimated Trip Period: Long Term.
[Specific Work Content]
·         While in Japan (3 - 5 years) you will join translation team and learn how business goes on OJT.
·         Compose Estimate to customer in collaboration with sales person
·         Translation project coordination / management (Schedule creation, creation of data for translation, check, delivery.
·         Vendor Management
·         Ordering to domestic and overseas translation companies and to freelance translators.
Qualification - [Prerequisite]  
▪ Hindi Native level
▪ Japanese N1
▪ Experience of any kind of management related work
▪ Who can work in India in the future (in 3-5 years).
PC Skill: Word, Excel
Work Experience: Interpreter/Translation experience are welcomed.
Language Proficiency           
·         Japanese - Business level
·         Hindi - Native level.
Salary: 4 million yen or more/Annually
* Depends of the interview, we may offer contract employee position, depending on your skill and experience.
Working Hours: 09: 00 ~ 18: 00
Holidays:
Weekends / National holidays and New Year/Summer time       
Annual holiday days 115 days.
Overtime Pay - Yes
Company Benefits
·         Pay raise once in a Year,
·         Maternity leave
·         Education support
Insurance: Full Social Insurance
Transportation expenses: fully covered.
Apply Instruction:
Send your update resume to    [email protected]
Or
Register & Update your resume at Database. Apply your own at
https://www.b-cause-erp.com/centralRegistration/referredby:B0017
(Please wait until this link is loading, it may take 2/3 min)
Application method:
·         Click HiworkErp from the application form.
·         Provide Email Id in staff ID option
·         Click ‘SAVE’ after update your resume.
Please give valid information in your resume for VISA support.
▪ Hindi Native level
▪ Japanese N1
▪ Experience of any kind of management related work
▪ Who can work in India in the future (in 3-5 years).
StartUp Jobs Asia - Startup Jobs in Singapore , Malaysia , HongKong ,Thailand from http://www.startupjobs.asia/job/40041–osaka-japan-management-trainee-needed-corporate-support-job-at-bcause-japan Startup Jobs Asia https://startupjobsasia.tumblr.com/post/177189365414
0 notes
hotelnstudio · 5 years ago
Text
The Fintech Chanakya “Shibabrata Bhaumik” enters India at the most Opportune time
Tumblr media
Fintech lending began to emerge in India around 2014 and soon mushroomed into a rapidly expanding ecosystem. But what is missed is the extent to which the rise of fintech has catalysed broader changes in the economy. Fintech will help unlock Bharat and India will emerge as cashless economy and enhancing financial inclusion.
The game of entrepreneurship has changed substantially during COVID19 and players have to change their game plan post COVID19.
Today we feature, the success story of London based Fintech Start PayQ which has grown exponentially on adoption of new territory starting from United Kingdom to diversifying its merchant acquisition to European Union and then stepping to Indian Market and its founder Shibabrata Bhaumik who is at the interesting crossroad with economic growth slowing down and consumer demand in India got tempered.
PayQ’s entry to India comes at a very opportune time. During the lockdown, several questions have been raised about the readiness of the Indian grassroots system to allow its small businesses to participate in an end-to-end digital ecosystem that powers content, transactions and finally, payments and fulfillment. With this one move, PayQ have clearly sent out signals to take on the giants in the payments, content and ecommerce spaces, simultaneously.
PayQ’s digital payment platform also includes digital billing to even geotagging, Shibabrata believes that merchant digitization business will boom when the lockdown eases. PayQ also deals with merchant account for high risk businesses like payment gateway for tech support, Merchant account for Pharmacy and aims to go beyond the traditional payment method to revolutionize the e-commerce industry.
While Paytm, Google Pay, Naspers-owned PayU and other players were aggressively trying to rope in small businesses on their platform, as B2B doesn't bleed the business, the big scramble is for over 60 million small businesses. PayQ and Shibabrata is trying to get them hooked to the PayQ payment gateway and then offering them a host of services, including loans, and easy payment acceptance and settlement to small businesses incuding Kirana shops and that would lead to an intense battle, where incumbents could face the heat.
In style and philosophy, Shibabrata Bhaumik, the 36-year-old founder and CEO of PayQ, is in the camp of the financial anarchists. He sits, jammed alongside Developers, Payment Technology Experts and Data Scientists, in a row of tiny desks resembling library carrels and he prefers to sit and work with the team around their desk not like a typical CEO with fancy cabin. He wears a black Business Tuxedo, Classic Red and Black Check Tie, black pants and gloss polished black formal shoes. He talks about a brave new world in which we are liberated from the shackles of giant banks and government-controlled money supplies. The CEO of PayQ, Shibabrata Bhaumik is a young first generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI), it has been an enriching experience. “Working with the government is not so difficult,” he says. “Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally".
During an expansive interview, this usually reserved and the press-shy entrepreneur declares why he got into this business: “I wanted the world to have a global, open financial system that drove innovation and freedom.” In the following business model, though, Shibabrata fits in with the pinstriped financiers working down the block.
Born at Kolkata, India to an engineer Father, Shibabrata displayed an entrepreneurial streak as early as grade school. He recalls being hauled into the principal’s office on charges of operating a candy-reselling venture on the playground. The business flings continued with a scheme to resell used computers and, after he earned a master’s degree in 2006 in International Business.
In 2012, Shibabrata read the manifesto by a European Union Bank that proposed card payments of Visa, Mastercard & the future Fintech companies will have limitless possibilities and bitcoin as an underground currency. Its transactions are recorded on a ledger called the blockchain, maintained in duplicated computer files by a band of self-appointed guardians called nodes. The nodes are kept honest, and troublemakers at bay, by requiring a participant in the network to engage in some arithmetic busywork before certifying a batch of transactions.
The busywork, called mining, did not interest Shibabrata. But he did see an opportunity in the business of safeguarding the keys to the coins and setting up transactions. Working weekends and late nights, Shibabrata and his Developing Team created a Payment gateway to process high volume transactions and connected the nodes with the acquiring bank and launched the first payment portal in 2014 later sold it an EU Bank.
Few Venture capitalists from Russia and Germany, showered 5 million USD on Shibabrta’s innovative approach in 2017 and motivated him to create PayQ, a unique high-risk merchant account company whish uses cryptocurrencies and blockchains to build transaction networks for corporations.
Crypto has been condemned as rat poison by Warren Buffett, as a fraud by Jamie Dimon and the mother of all scams by doomsday economist Nouriel Roubini. Where’s the payoff to the economy?
It’s coming, Bhaumik says. He posits a future in which thousands of startups use crypto to raise capital in a global marketplace no longer controlled by Wall Street firms. Within a decade, he predicts, the number of people participating in the blockchain economy will explode from 50 million to 1 billion. We are destined to enjoy a financial system that is “more global, more fair, more free and more efficient”
  News Source :
FORBES-UK Fintech PayQ uses sandboxes for Digital loans to Kiranas
HINDUSTAN TIMES-Fintech start-up PayQ, led by Chanakya Shibabrata Bhaumik, enters India
LOKMAT NEWS-PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
YAHOO NEWS- PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
ANI NEWS-
PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
0 notes
payqeu · 5 years ago
Text
The Fintech Chanakya “Shibabrata Bhaumik” enters India at the most Opportune time
Tumblr media
Fintech lending began to emerge in India around 2014 and soon mushroomed into a rapidly expanding ecosystem. But what is missed is the extent to which the rise of fintech has catalysed broader changes in the economy. Fintech will help unlock Bharat and India will emerge as cashless economy and enhancing financial inclusion.
The game of entrepreneurship has changed substantially during COVID19 and players have to change their game plan post COVID19.
Today we feature, the success story of London based Fintech Start PayQ which has grown exponentially on adoption of new territory starting from United Kingdom to diversifying its merchant acquisition to European Union and then stepping to Indian Market and its founder Shibabrata Bhaumik who is at the interesting crossroad with economic growth slowing down and consumer demand in India got tempered.
PayQ’s entry to India comes at a very opportune time. During the lockdown, several questions have been raised about the readiness of the Indian grassroots system to allow its small businesses to participate in an end-to-end digital ecosystem that powers content, transactions and finally, payments and fulfillment. With this one move, PayQ have clearly sent out signals to take on the giants in the payments, content and ecommerce spaces, simultaneously.
PayQ’s digital payment platform also includes digital billing to even geotagging, Shibabrata believes that merchant digitization business will boom when the lockdown eases. PayQ also deals with merchant account for high risk businesses like payment gateway for tech support, Merchant account for Pharmacy and aims to go beyond the traditional payment method to revolutionize the e-commerce industry.
While Paytm, Google Pay, Naspers-owned PayU and other players were aggressively trying to rope in small businesses on their platform, as B2B doesn't bleed the business, the big scramble is for over 60 million small businesses. PayQ and Shibabrata is trying to get them hooked to the PayQ payment gateway and then offering them a host of services, including loans, and easy payment acceptance and settlement to small businesses incuding Kirana shops and that would lead to an intense battle, where incumbents could face the heat.
In style and philosophy, Shibabrata Bhaumik, the 36-year-old founder and CEO of PayQ, is in the camp of the financial anarchists. He sits, jammed alongside Developers, Payment Technology Experts and Data Scientists, in a row of tiny desks resembling library carrels and he prefers to sit and work with the team around their desk not like a typical CEO with fancy cabin. He wears a black Business Tuxedo, Classic Red and Black Check Tie, black pants and gloss polished black formal shoes. He talks about a brave new world in which we are liberated from the shackles of giant banks and government-controlled money supplies. The CEO of PayQ, Shibabrata Bhaumik is a young first generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI), it has been an enriching experience. “Working with the government is not so difficult,” he says. “Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally".
During an expansive interview, this usually reserved and the press-shy entrepreneur declares why he got into this business: “I wanted the world to have a global, open financial system that drove innovation and freedom.” In the following business model, though, Shibabrata fits in with the pinstriped financiers working down the block.
Born at Kolkata, India to an engineer Father, Shibabrata displayed an entrepreneurial streak as early as grade school. He recalls being hauled into the principal’s office on charges of operating a candy-reselling venture on the playground. The business flings continued with a scheme to resell used computers and, after he earned a master’s degree in 2006 in International Business.
In 2012, Shibabrata read the manifesto by a European Union Bank that proposed card payments of Visa, Mastercard & the future Fintech companies will have limitless possibilities and bitcoin as an underground currency. Its transactions are recorded on a ledger called the blockchain, maintained in duplicated computer files by a band of self-appointed guardians called nodes. The nodes are kept honest, and troublemakers at bay, by requiring a participant in the network to engage in some arithmetic busywork before certifying a batch of transactions.
The busywork, called mining, did not interest Shibabrata. But he did see an opportunity in the business of safeguarding the keys to the coins and setting up transactions. Working weekends and late nights, Shibabrata and his Developing Team created a Payment gateway to process high volume transactions and connected the nodes with the acquiring bank and launched the first payment portal in 2014 later sold it an EU Bank.
Few Venture capitalists from Russia and Germany, showered 5 million USD on Shibabrta’s innovative approach in 2017 and motivated him to create PayQ, a unique high-risk merchant account company whish uses cryptocurrencies and blockchains to build transaction networks for corporations.
Crypto has been condemned as rat poison by Warren Buffett, as a fraud by Jamie Dimon and the mother of all scams by doomsday economist Nouriel Roubini. Where’s the payoff to the economy?
It’s coming, Bhaumik says. He posits a future in which thousands of startups use crypto to raise capital in a global marketplace no longer controlled by Wall Street firms. Within a decade, he predicts, the number of people participating in the blockchain economy will explode from 50 million to 1 billion. We are destined to enjoy a financial system that is “more global, more fair, more free and more efficient”
  News Source :
FORBES-UK Fintech PayQ uses sandboxes for Digital loans to Kiranas
HINDUSTAN TIMES-Fintech start-up PayQ, led by Chanakya Shibabrata Bhaumik, enters India
LOKMAT NEWS-PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
YAHOO NEWS- PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
ANI NEWS-PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
0 notes
shibabratabhaumik · 5 years ago
Text
The Fintech Chanakya “Shibabrata Bhaumik” enters India at the most Opportune time
Tumblr media
Fintech lending began to emerge in India around 2014 and soon mushroomed into a rapidly expanding ecosystem. But what is missed is the extent to which the rise of fintech has catalysed broader changes in the economy. Fintech will help unlock Bharat and India will emerge as cashless economy and enhancing financial inclusion.
The game of entrepreneurship has changed substantially during COVID19 and players have to change their game plan post COVID19.
Today we feature, the success story of London based Fintech Start PayQ which has grown exponentially on adoption of new territory starting from United Kingdom to diversifying its merchant acquisition to European Union and then stepping to Indian Market and its founder Shibabrata Bhaumik who is at the interesting crossroad with economic growth slowing down and consumer demand in India got tempered.
PayQ’s entry to India comes at a very opportune time. During the lockdown, several questions have been raised about the readiness of the Indian grassroots system to allow its small businesses to participate in an end-to-end digital ecosystem that powers content, transactions and finally, payments and fulfillment. With this one move, PayQ have clearly sent out signals to take on the giants in the payments, content and ecommerce spaces, simultaneously.
PayQ’s digital payment platform also includes digital billing to even geotagging, Shibabrata believes that merchant digitization business will boom when the lockdown eases. PayQ also deals with merchant account for high risk businesses like payment gateway for tech support, Merchant account for Pharmacy and aims to go beyond the traditional payment method to revolutionize the e-commerce industry.
While Paytm, Google Pay, Naspers-owned PayU and other players were aggressively trying to rope in small businesses on their platform, as B2B doesn't bleed the business, the big scramble is for over 60 million small businesses. PayQ and Shibabrata is trying to get them hooked to the PayQ payment gateway and then offering them a host of services, including loans, and easy payment acceptance and settlement to small businesses incuding Kirana shops and that would lead to an intense battle, where incumbents could face the heat.
In style and philosophy, Shibabrata Bhaumik, the 36-year-old founder and CEO of PayQ, is in the camp of the financial anarchists. He sits, jammed alongside Developers, Payment Technology Experts and Data Scientists, in a row of tiny desks resembling library carrels and he prefers to sit and work with the team around their desk not like a typical CEO with fancy cabin. He wears a black Business Tuxedo, Classic Red and Black Check Tie, black pants and gloss polished black formal shoes. He talks about a brave new world in which we are liberated from the shackles of giant banks and government-controlled money supplies. The CEO of PayQ, Shibabrata Bhaumik is a young first generation entrepreneur, who has developed application programme interfaces (APIs) for India’s ambitious Unified Payments Interface (UPI), it has been an enriching experience. “Working with the government is not so difficult,” he says. “Your credibility depends on your delivery of performance. The payments landscape is going to change fundamentally".
During an expansive interview, this usually reserved and the press-shy entrepreneur declares why he got into this business: “I wanted the world to have a global, open financial system that drove innovation and freedom.” In the following business model, though, Shibabrata fits in with the pinstriped financiers working down the block.
Born at Kolkata, India to an engineer Father, Shibabrata displayed an entrepreneurial streak as early as grade school. He recalls being hauled into the principal’s office on charges of operating a candy-reselling venture on the playground. The business flings continued with a scheme to resell used computers and, after he earned a master’s degree in 2006 in International Business.
In 2012, Shibabrata read the manifesto by a European Union Bank that proposed card payments of Visa, Mastercard & the future Fintech companies will have limitless possibilities and bitcoin as an underground currency. Its transactions are recorded on a ledger called the blockchain, maintained in duplicated computer files by a band of self-appointed guardians called nodes. The nodes are kept honest, and troublemakers at bay, by requiring a participant in the network to engage in some arithmetic busywork before certifying a batch of transactions.
The busywork, called mining, did not interest Shibabrata. But he did see an opportunity in the business of safeguarding the keys to the coins and setting up transactions. Working weekends and late nights, Shibabrata and his Developing Team created a Payment gateway to process high volume transactions and connected the nodes with the acquiring bank and launched the first payment portal in 2014 later sold it an EU Bank.
Few Venture capitalists from Russia and Germany, showered 5 million USD on Shibabrta’s innovative approach in 2017 and motivated him to create PayQ, a unique high-risk merchant account company whish uses cryptocurrencies and blockchains to build transaction networks for corporations.
Crypto has been condemned as rat poison by Warren Buffett, as a fraud by Jamie Dimon and the mother of all scams by doomsday economist Nouriel Roubini. Where’s the payoff to the economy?
It’s coming, Bhaumik says. He posits a future in which thousands of startups use crypto to raise capital in a global marketplace no longer controlled by Wall Street firms. Within a decade, he predicts, the number of people participating in the blockchain economy will explode from 50 million to 1 billion. We are destined to enjoy a financial system that is “more global, more fair, more free and more efficient”
  News Source :
FORBES-UK Fintech PayQ uses sandboxes for Digital loans to Kiranas
HINDUSTAN TIMES-Fintech start-up PayQ, led by Chanakya Shibabrata Bhaumik, enters India
LOKMAT NEWS-PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
YAHOO NEWS- PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
ANI NEWS-PayQ Power SMEs to Kirana, enables digital billing to Geo tagging
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newstfionline · 7 years ago
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Headlines
Brexit With No Deal Risks Chaos in Drug Supply, Report Warns (Reuters) Crashing out of the European Union without a deal would cause major problems for Britain’s health service and risk “chaotic disruption” to medicine supplies, according to a report on Tuesday.
Trump, at North Korea’s Doorstep, Warns He’s Ready to Use Military Force if Needed (Reuters) President Donald Trump warned North Korea on Tuesday the United States was prepared to use the full range of its military power if needed to defend itself and its allies during a visit to South Korea that took him to the heart of the nuclear standoff with Pyongyang.
South Korea to Start Talks With U.S. on Developing Military Capabilities (Reuters) South Korea will immediately start talks with the United States on developing the Asian nation’s military capabilities, including deploying the latest surveillance assets, the South’s presidential office said on Tuesday.
China Detains 10 North Koreans Amid Possible Defector Crackdown (Reuters) Ten North Koreans, including a three-year-old child, have been detained in China, where they face being deported back to the North, two sources with direct knowledge of the situation told Reuters.
Netanyahu Confidant Questioned as Israeli Graft Inquiry Widens (Reuters) A top confidant of Prime Minister Benjamin Netanyahu has been questioned as part of an investigation into a $2 billion (1.52 billion pounds) submarine deal with Germany, police said on Tuesday, bringing a cascade of corruption scandals closer to the Israeli leader.
Vietnam’s Neighbors, ASEAN, Targeted by Hackers: Report (Reuters) A hacking group previously linked to the Vietnamese government or working on its behalf has broken into the computers of neighboring countries as well as a grouping of Southeast Asian nations, according to cybersecurity company Volexity.
Turkey’s Yildirim Says U.S. Visa Move Positive, Calls for Extradition of Cleric (Reuters) Turkish Prime Minister Binali Yildirim on Tuesday described the United States’ move to partially resume issuing visas in Turkey as a positive step, but said Washington should extradite a cleric blamed for last year’s failed military coup in Turkey.
Saudi Crown Prince Says Iran Supply of Rockets Is Military Aggression (Reuters) Saudi Arabia’s Crown Prince Mohammed bin Salman said on Tuesday that Iran’s supply of rockets to militias in Yemen is an act of “direct military aggression”, Saudi state news agency SPA reported.
Lebanon’s Hariri Leaves Saudi Arabia for UAE Trip (Reuters) Lebanon’s Prime Minister Saad al-Hariri, who sparked a political crisis on Saturday by declaring his surprise resignation in Riyadh, has travelled to the UAE, Saudi-owned media said on Tuesday.
Egypt’s Sisi Says He Will Not Seek a Third Term: CNBC (Reuters) Egypt’s President Abdel Fattah al-Sisi will not seek a third term in office, he said in an interview with CNBC, adding that he does not intend to change the constitution and its provision of a two-term presidential limit.
Severe Pollution Hits Indian Capital, Causing Health Worries (AP) Air pollution in India’s capital has hit hazardous levels, prompting local officials to ask that schools shut down and a half marathon scheduled later in November be called off.
Death Toll From Vietnam Storm Climbs to 69 Ahead of Summit (AP) The death toll from a typhoon that struck Vietnam’s south-central coast last weekend, causing widespread flooding, has risen to 69 with 30 others still missing, the government said Tuesday.
Indonesia Threatens to Block WhatsApp Over Sexual Content (AP) Indonesian authorities say they will block access to the popular WhatsApp instant messaging app if it doesn’t remove sexually explicit content.
Mexico Seizes 31 Lbs. Of Highly Potent Drug Fentanyl Near US (AP) Mexican authorities have seized a large amount of the powerful synthetic opioid fentanyl along with other drugs hidden in a car near the U.S. border.
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radthursdays · 7 years ago
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#RadThursdays Roundup 10/26/2017
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An erasure poem by Niina Pollari shows one page of Form N-400, the application form for becoming a naturalized U.S. citizen. Most of the text is blacked out in strokes of black marker. Only the following words remain: "Have you been in total terror" with two checkboxes, "Yes" and "No". Source.
White Supremacy
When white nationalists chant their weird slogans, what do they mean?: “As with the earlier rally, however, the marching white nationalists shouted a variety of chants, all of them with very particular meanings to their movement. They enjoy wide circulation within the alt-right movement, particularly at online white-nationalist forums as well as chat sites like 4chan, but are unfamiliar to most of the general public. Here’s what they mean, beginning with the chants from the August 11 march on the Virginia campus”
Should we talk to white supremacists?: “No one has to talk to an avowed white supremacist. Certainly no person of color should feel compelled to place themselves in the crosshairs of white supremacist hate speech. Having one’s intrinsic worth questioned so frankly is an assault on one’s personhood second perhaps only to violent assault. Even less overt forms of racism have measurable impacts on the mental and physical health of people of color. But systemically, the left must engage. It’s the only way to get rid of racism, and it’s the only way to win.”
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A snippet of an erasure poem by Jerrod Schwarz based on Trump's inauguration speech. It reads, "protect the / God / of / energies, industries and / technologies / our souls / forget whether we are / blood / or a Flag." Source.
Migration
Asylum seekers come to the U.S. fleeing violence and persecution. Instead, they’re detained for years on end: "It���s now almost guaranteed that if a migrant comes to the U.S. border and asks for asylum, they will have to wait in jail before their case is even heard. The average wait time before an immigration case is decided is three years — for an increasing number of asylum seekers, that entire time is spent behind bars. There were 44,270 asylum seekers in detention in 2014, according to DHS statistics, the most recent year for which statistics are available. It's likely that the number of detained asylum seekers has gone up since then, along with the general increase in immigrant detainees."
Yemenis Thought They’d Won the Visa Lottery. Then Came Trump’s Muslim Ban: "Applicants like Fadhel sold their houses and cars, and spent their entire life savings, to travel to Malaysia, Djibouti, and India for interviews at U.S. consulates. Months later, they’re still waiting, unable to work and living off borrowed money. Fadhel has spent $12,000 over the last seven months. His friend Sadeq Naji Alzaraf, 44, who worked in Yemen’s education ministry and owned a poultry farm, has paid $22,000 to support his wife and two teenage children while they wait in Malaysia, but his children have not been able to register for school because they lack legal status in the country – and they never knew when they might leave."
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An erasure poem by Jayy Dodd based on Trump's inauguration address, titled "Inaugural Poem for [REDACTED]". It reads, "he came / a tyrant / threatened / voices silenced as misery / forget us / our nation / self-righteous / And / The forgotten / whilst others just take / gladly / for whom hell is the norm, / our lives / to swell / now order rots, / our words / backward in vision / The black forgotten dying, / The poor the sick crying, / The soldier the mother / The young without or behind / The veterans, wounded, all / That fights / the defenseless forlorn; / But for all / a luster / a blasphemous lie / might that you lay down and die?" Source.
Technology
Biopower to the People: Fitness trackers are redefining what it means to be a human subject. "Now, the body is best understood through its abstraction: It isn’t until I’ve logged my meals and checked my stats that I’m able to comprehend what I’ve done with my day. There’s little space in the ethos of optimization for the chaotic, unpredictable, and often uncontrollable vicissitudes of being human. Order has always been a human ideal—now that we can apply it to the previously invisible and unquantifiable processes of our physical selves, has it become a defining category of a worthy life?"
Activism
From “Me Too” to “All of Us”: Organizing to End Sexual Violence, Without Prisons: A conversation with organizers Mariame Kaba and Shira Hassan. "I think about the Malcolm X quote all the time, 'If you stick a knife in my back nine inches and pull it out six inches, there's no progress. If you pull it all the way out that's not progress. Progress is healing the wound that the blow made.' What we are doing right now, that we are all actively committed to, is figuring out not only how to heal the wound, but how to transform the conditions we are living in. The premise of the community accountability weekend that we spent together was not only around skill transfer, but about reclaiming our imaginations. How do we reclaim our imagination from what the prison-industrial-complex has forced us into thinking are the only solutions that we have? How do we reclaim our imaginations from how capitalism and oppression has divided us?"
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An image of text, in the form of a multiple-choice test. ‘2. In the year 1693 in Salem Village, Sarah Good is a woman living in poverty and disliked by the townspeople. A jury of men decide that she was a witch after forcing her to confess that she signed her name in the “Devil’s book,” a thing that does not exist. She is hanged several days after giving birth to a daughter. Is this: A. A witch hunt; B. A fair accusation of sexual harassment. 3. Lucas is a photographer in New York. He often comes in contact with models and sometimes when directing — whoops! — he gives them a quick pat on the bum. Several models have reported him, but nothing has been done. Is this: A. A witch hunt; B. A fair accusation of sexual harassment’ Source.
Direct Action Item
Have any books been influential in your life? Has any poetry? This week, talk to someone about it! If you have a physical copy, swap books with someone and learn more about each other's beliefs, politics, and lives.
If there's something you'd like to see in next week's #RT, please send us a message.
In solidarity!
What is direct action? Direct action means doing things yourself instead of petitioning authorities or relying on external institutions. It means taking matters into your own hands and not waiting to be empowered, because you are already powerful. A “direct action item” is a way to put your beliefs into practice every week.
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