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srijeda, 06.04.2022.
This type of protection provides security
In these countries, a range of providers are capable of providing digital financial services to people on the margins of the formal financial system, regulations control for some of the risks inherent in these services, and clear rules mark out spaces appropriate for innovation to achieve greater financial inclusion, the report said..Only four countries - Colombia, India, Jamaica and Uruguay - scored perfectly across all four parameters.South Africa, India, Mexico, Tanzania and Uruguay were among the top countries that safeguard e-money via some sort of deposit insurance or protection.In India, the Reserve Bank of India has prepared a draft National Strategy for Financial Inclusion to deepen financial services coverage in the country.According to The Economist Intelligence Units 2019 Global Microscope on Financial Inclusion report, the overall environment for financial inclusion has improved globally with India, Colombia, Peru, Uruguay and Mexico having the most favourable conditions for inclusive finance.Additionally, these countries require financial institutions to maintain liability for the actions of their agents, ensuring that customers whose nearest access point is an agent do not receive less protection than customers who can visit a bank branch, it added.The long-awaited strategy is expected to be finalised in 2019 and will cover a five-year period.
This type of protection provides security to users of these new technologies, avoids creating regulatory imbalances between different types of institution, and ensures that digital financial inclusion does not place new consumers in the financial system at a disadvantage compared to those transacting with more traditional institutions, the report noted.New Delhi: India is placed among the top nations with the most conducive environment for financial inclusion in self adhesive vinyl terms of allowing non-banks to issue e-money, proportionate customer due diligence and effective consumer protection, a report said on Thursday.In August 2019, the RBI released the Enabling Framework for Regulatory Sandbox (RS), which creates the basis for a regulatory sandbox that will allow fintech start-ups to live-test innovative products and services.Within the overall framework for promoting digital financial inclusion, the report identified four basic enablers - allowing non-banks to issue e-money, presence of financial service agents, proportionate customer due diligence and effective financial consumer protection.The RBI has set up a high-level committee to review the existing status of digitisation and devise a medium-term strategy for increasing digital payments, the report said
The use of procurement technologies has created a competitive
The world is undergoing an era of digital transformationand so is e-procurement.India’s first e-Procurement Portal was developed in 2002 when the government of Andhra Pradesh partnered with C1 India.E-procurement systems power businesses in streamlining their processes in a more modern, effective and digital printing materials Manufacturers intelligent way and backing leaders to focus on each area of their business processes. This project has also won the "Best e-Governance implementation" award among GCC countries.C1 is an ISO 9001:2015, ISO 27001:2013 and CMMI Level 5 certified company which reflects their organizational commitment to excellence in delivery, the maturity of processes, and proficient methodologies, tools and techniques.C1 India manages projects with an established set of practices.Say on possible mergers and fundings. The use of procurement technologies has created a competitive advantage for the firms and has diversified the market.Founded in 2000,C1 has expanded to offices across India, Oman and Dubai. It empowers clients across industries to automate the procurement process through rich domain knowledge and a flexible & agile workflow based procurement engine as it is a trusted & preferred partner focused on building tomorrow’s enterprise.Sultanate of Oman project proves C1 India’s another example of contribution in the procurement world.The role of e-procurement in the present era and why is it important?e-Procurement is an automation software for the procurement process which empowers users to easily make purchases. They offer complete SaaS-based On-premises e-Procurement solutions including Catalogue Management, Indent Management, Warehouse Management, Tender Management, e-Auctions, Procure to Pay, e-Marketplace, Supplier Management and Contract Lifecycle Management with intellectual workflow competences.The Procurement automation covers the entire process from the moment a decision is made to make a purchase, through the selection of the goods from catalog or other process, the approval of the order, the placing of the order, the raising of the purchase order, the receiving of that order into the supplier’s system, through to the invoicing and the delivery/receipt of the goods or services.
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