Financial Inclusion is the key
Agency Banking

Financial Inclusion: What will it be like for years to come?

Financial Inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their contributions to society. – Sri Mulyani Indrawati, Indonesian economist, Minister of Finance of Indonesia since 2016 Economic growth of a country depends on …

Open Banking
FinTech Trends

Open Banking: End of Card Payments?

Any new technology or innovation always opens up the debate about the relevance of such models in the first place. When it comes to the Open Banking APIs (Application Programming Interfaces), the newest offering of FinTech, there are ongoing discussions on how it can bring about a revolutionary banking experience which is beneficial to …

open banking
FinTech Trends
1

Open Banking: Who will really get benefitted?

Banking, as a domain, has always been a competitive one. To keep up with the pace of the dynamic nature of this sector, banks & financial institutions are gradually making the shift to experiment with newer technologies, like Open Banking and innovative concepts like FinTech, designed specifically for the banking …

Banking_The Open Way
FinTech Trends
1

Open Banking API: A Journey

Data sharing and Big Data have become the trending topics in the financial world of late. With the advent of many Fintech start-ups, traditional banks are undergoing a major shift. They, now, are looking forward to modifying the way they operate, to survive the cut-throat competition from their peers. This …

Corporate Social Responsibility
Social Cause

Corporate Social Responsibility and The Impact of FinTech

Creating a strong business and building a better world are not conflicting goals – they are both essential ingredients for long-term success”. – William Clay Ford Jr., Executive Chairman, Ford Motor Company. With corporations becoming more responsible towards the society, this concept has evolved into what we today know as Corporate …

FinTech Books
FinTech

Top FinTech Books endorsed by ‘FinTech Gurus’

The value of FinTech investments globally in 2008 was 1 billion USD, which rose to 10 billion USD by 2014 and is projected to touch 46 billion USD by 2020. So much is happening around FinTech but how much you know about FinTech is the question. Are you in touch …

Customisation
FinTech

Why is Customised FinTech Banking Platform in vogue?

The secret to consumer loyalty is ‘Relationship Banking’ and the mantra is ‘Serve first, Sell later’. ‘Platform customization‘ service is an effective way to attract and maintain more customers, as long as the costs associated can be controlled effectively. Designing the tailored solution that is ‘just right’ for the client …

Payments Banks
FinTech Trends

PAYMENT BANKS: BANKING, THE CASHLESS WAY

Payment Banks is the concluding part of the series. As a prelude, may I suggest, to read part one of this series, ‘How wallet helps in Last Mile Banking’. There has been a surge in the number of digital wallet service providers which have started offering their own Payment banks. It …

From Another point of view
FinTech

TechFin or FinTech

Sometimes you need to look at things….from another point of view. This is exactly what you need to do when you have to decide between Fintech and TechFin as there is a very thin line which differentiates them from each other. It’s your pick between the innovator v/s the reigning. …

dollar sign
FinTech

No bank is an Island – Fintegration is the key Welcome to the era of Digital Banking

The buzz around fintech has gained substantial attention of traditional financial institutions, startups, venture capitalists and regulators. Banks and regulators are hard-pressed to revisit their operating model and policies respectively to create a conducive environment of collaboration and dynamism amidst the participants in the fintech ecosystem. – FinTech in India, …