A Tale of Deceptive Design: The Rise of Dark Patterns in E-commerce Recent News: Prevention and Regulation of Dark Patterns 2023 In the vast world of e-commerce, dark patterns emerged as a sneaky tactic to manipulate users into making decisions that benefited the platform, rather than the user. These deceptive design techniques, such as bait and […]
On December 10th, 2023, Swayam Talks Bengaluru 2023 brought together a special group of speakers, each with a unique tale to tell. Uday Nirgudkar, our esteemed host, steered the conversations with finesse, making the event an insightful experience. Prashant Gade: Revolutionizing Prosthetics Prashant Gade, a scientist with a passion for making a difference, unfolded his journey […]
In this section, Krishna Potnis discusses the future of payment technology and envisions a world where all payment instruments collapse into a single seamless way of payment, such as using unique signatures instead of credit cards. He mentions that frictionless payments have already started to happen, citing examples like Jio allowing payments from cars based on location. While he doesn’t believe a return to the barter system is likely, he suggests that NFTs could potentially introduce new ways of bartering. He also acknowledges the growing impact of the metaverse on the payment industry, emphasizing that payments will be a crucial component of the metaverse experience.
In this section, the discussion revolves around the future of payment technology and its impact on the financial technology domain and payment systems. The speakers acknowledge that it will be interesting to see how the payment landscape evolves, considering the multipolar New World Order and the concept of frictionless transactions. However, they also acknowledge that a certain amount of friction is beneficial. They mention the revolution brought about by QR payments in India, which has allowed for financial inclusion and easy transactions even in small towns. The speakers highlight the speed at which technology changes and the challenges faced by developing countries in adopting new payment methods due to the ingrained nature of traditional credit and debit card systems. Overall, they recognize that technological advancements have propelled India to take a significant leap in payment technology.
https://www.youtube.com/watch?v=r3qGyDh5k40 In this section, Krishna Potnis discusses the future of payment technology and envisions a world where all payment instruments collapse into a single seamless way of payment, such as using unique signatures instead of credit cards. He mentions that frictionless payments have already started to happen, citing examples like Jio allowing payments from cars […]
In this section, Krishna Potnis discusses the benefits of taking an outside-in approach to agile transformation rather than trying to do it internally. He explains that when you are only focused internally, you have a limited vision and can benefit from an external perspective to see what can be done better. Bringing in external consultants allows for an assessment of the current processes and a transformation to delivering within an agile framework. Krishna emphasizes that this self-realizing experience helps in acknowledging mistakes and identifying areas for improvement. He also mentions that bringing in experts at times is necessary because not all problems can be solved from within. Moving forward, Krishna sees himself making an impact in the payment system by learning from the past and envisioning how to develop super apps and integrate multiple financial instruments, considering the impact of InsurTech and the evolving regulatory landscape.
In this section, Mr. Krishna Potnis discusses his perspective on how to address various areas and provide solutions by clubbing them together. He refers to this approach as part of creating a “super app” where different functionalities are integrated. He highlights the importance of taking the team along and utilizing their experience to offer a valuable product to the market.
https://www.youtube.com/watch?v=jTnaT3attUc In this section, Krishna Potnis discusses the benefits of taking an outside-in approach to agile transformation rather than trying to do it internally. He explains that when you are only focused internally, you have a limited vision and can benefit from an external perspective to see what can be done better. Bringing in external […]
In this section, Mr. Krishna Potnis discusses the importance of embracing change as a leader and being the change oneself before expecting others to follow. He shares that driving change is difficult if one does not personally adopt it, and emphasizes the need to be the motivation for one’s team. He gives an example of the challenges faced during the pandemic, such as transitioning to remote work and then back to the office, and explains how leaders and managers had to demonstrate their willingness to change by working in the office themselves. Mr. Potnis also talks about ensuring the well-being of team members and their families during the pandemic while maintaining the momentum of the transformation journey.
In this section, Krishna discusses the challenges he faced in adapting to change during the pandemic. One significant change was conducting whiteboard sessions and workshops online instead of in a physical conference room. Although there were initial problems and it took longer to complete tasks online, Krishna and his team had to work through these challenges and improve their online collaboration skills. They had to rely on more phone calls and one-to-one conversations to prepare for online sessions and create virtual conferences. However, Krishna acknowledges that there is still value in sitting in a conference room and brainstorming together in person.
https://www.youtube.com/watch?v=EJwVlLU7TJ8 In this section, Mr. Krishna Potnis discusses the importance of embracing change as a leader and being the change oneself before expecting others to follow. He shares that driving change is difficult if one does not personally adopt it, and emphasizes the need to be the motivation for one’s team. He gives an example […]
In this section, the speaker discusses the evolution of the financial payments market and the emergence of super apps where multiple services are combined into one platform. He gives examples like WeChat and Amazon, and mentions the efforts of companies like Tata Neo to create their own super app ecosystem. The standardization of buyer and seller applications through initiatives like the Omdc initiative in India is also mentioned. The speaker believes that the future of the industry will involve the integration of cryptocurrency and stable coins within the super app concept. Overall, he emphasizes the significance of product-led thinking and the need for constant evolution in skills to adapt to the changing landscape.
In this section, the speaker discusses the need for a product mindset-led skillset in the technology industry. While engineers and developers focus on the technical aspects of a product, there is a gap in their understanding of the bigger picture and product requirements. The speaker emphasizes the importance of aligning the vision and outcome with developers, but acknowledges that product development should be separate from engineering. They highlight the need for specialized skills to deliver innovative solutions such as a super app, which requires a different thought process and skill set.
https://www.youtube.com/watch?v=7UEgfs0X4hs In this section, the speaker discusses the evolution of the financial payments market and the emergence of super apps where multiple services are combined into one platform. He gives examples like WeChat and Amazon, and mentions the efforts of companies like Tata Neo to create their own super app ecosystem. The standardization of buyer […]
🚀 The market is evolving rapidly with the introduction of disruptive technologies like unified interfaces, leading to a significant increase in financial payment companies in India.
📈 A shift towards product-led thinking is crucial in an industry where exponential growth and parallel technology advancements are occurring simultaneously.
📱 Super apps, like WeChat, Amazon, and Tata Neo, are becoming popular, offering customers multiple solutions and services in a single app.
💡 The government of India has taken an initiative to standardize purchases through buyer and seller applications, leading to a more streamlined and efficient ecosystem.
💼 The skillset required in the industry is evolving, with a greater emphasis on product mindset-led thinking, aligning developers with the vision while maintaining focused skill development.
🔮 Super app concepts and the integration of cryptocurrency and stable coins are set to redefine the industry.
🛣️ Bridging the gap between product understanding and technical skills is essential to successfully deliver innovative products and solutions.
🚀 Rapid market evolution with disruptive technologies
📈 Importance of product-led thinking in a dynamic industry
📱 Rise of super apps for enhanced customer convenience
💡 Government initiatives to standardize purchases and streamline the ecosystem
💼 Evolving skillset with a focus on product mindset-led development
🔮 Super app concepts and integration of cryptocurrency
– 🛣️ Bridging the gap between product understanding and technical skills
https://www.youtube.com/watch?v=7UEgfs0X4hs Summary 🚀 The market is evolving rapidly with the introduction of disruptive technologies like unified interfaces, leading to a significant increase in financial payment companies in India. 📈 A shift towards product-led thinking is crucial in an industry where exponential growth and parallel technology advancements are occurring simultaneously. 📱 Super apps, like WeChat, Amazon, […]
👋 Welcome to another Benzene Agile Leadership Discussion Series! In this session, Mr. Krishnapotnis, Senior Director of Engineering at Verifone, will share his insights on fintech, techfin, payments, and agile leadership.
https://www.youtube.com/watch?v=hLTNAeEQTmc Summary 👋 Welcome to another Benzene Agile Leadership Discussion Series! In this session, Mr. Krishnapotnis, Senior Director of Engineering at Verifone, will share his insights on fintech, techfin, payments, and agile leadership. Highlights Mr. Krishnapotnis has over 25 years of experience in technology, payments, security, solution delivery, and fintech innovations. The discussion will be […]
