Fintech and Payment Quiz
FinTech Content

Quiz: How Well Do you know Fintech and Payment Industry?

Fintech had made an impact in people’s lives, be it with Last Mile Banking, Microfinancing or integration with HealthTech to provide seamless medical care. Its evolving and fascinating to witness technology managing your financial portfolio, getting help from Robo-advisors, or looking for health insurance. The buzz is now a part …

Fintech-Innovations
FinTech Trends

Top Five Technologies that could boost Fintech in 2018

While Traditional Banking existed with a prime motive to secure and save money, they never bothered to create a social impact. The Fintech is on the rise, we do see how “Banking is now boosting the social change” with customized and apt solutions and dedicating themselves to improve the lives …

What-is-Blockchain
FinTech Trends

The Six Qualities of Blockchain

My first face-off with Blockchain was a year back when I in my hometown was keen to transfer my bank account to a new city. The banking officials mentioned the multi-step time-consuming process, which made me think why the same bank cannot be accessible from my new location. Isn’t just …

Biometrics empowering Digital banking
FinTech Content

How Could Biometrics Help in Digital Banking?

With biometrics and its application trending the social media, firms and organizations are jumping the bandwagon to reap benefits. But you would be surprised to know that Biometrics is an age-old process used for your identification. Surprised? If we trace the history of biometrics, as per wiki in 1891 fingerprints …

Vishal's take on OpenBanking
FinTech Trends

Everything you need to know about – OpenBanking, OpenAPI, OpenData

Vishal’s take on OpenBanking In a recent post on McKinsey about Open banking, it said – The potential benefits of open banking include improved customer experience, new revenue streams, and a sustainable service model for underserved markets. Well, the benefits may be seen in the long run. However, the topic …

Banks and Technology
FinTech Products Market Survey

Technology Needs of a Payment Bank and Small Finance Banks, Fintech firms and Their Banking Solutions

Banks and Technology  In Part One of our Bank and Technology series we spoke about the technologies needed by Public Sector Banks, Private Sector Banks, and Foreign Banks and in Part two we narrated technologies desirable by Regional Rural Banks [RRB’s] and Cooperative Banks [ State and Urban Cooperative Banks]. …

Banks and fintech firms
FinTech Content

Digital Banking – Would it lead the Banks and Fintech to Merge or Conquer?

The world is under the spell of digitization! Just a decade back, when people were skeptical about making a transaction online, the recent reports are highlighting the mass adoption of technology into their lives. Sample these – As per stats, the rise of Omni-digital banking customer has grown from 27% …

BanksandTechPart2
FinTech Products Market Survey

Which Technologies Should Be Adopted By Regional Rural Bank And Cooperative Banks ?

Banks and Technology In our Part One of the Banks and Technology Series we spoke about the technologies needed by Public Sector Banks, Private Sector Banks, and Foreign Banks. This post is part 2 of the same series, and we would continue our discussion on technologies desirable by Regional Rural …

BanksandTech
FinTech Products Market Survey

Which Technologies Do Public, Private Sector and Foreign Banks Need to Adopt ?

What could be the list of financial services for a child? Well, hypothetically he could use all, but necessarily he just needs a bank account/fixed deposits for his savings. Hence, most of the banks offer a minor account that allows parents to open in the same bank. Well, this may …

GST
Financial Inclusion

GOI initiatives to boost Social and Financial Inclusion

Hon’ble Indian Prime minister Mr. Narendra Modi said – I dream of Digital India where mobile and e-banking ensure financial inclusion. We might have heard many such quotes from our leaders, but what has been the ground reality? Has the government made any progress? What were the initiatives taken to …