How wallet help in reach built out for last mile banking
FinTech Trends

How wallet Helps in Last Mile Banking?

You might have been using your ATM card as an easy substitute for checkbook, but did you know then, that it was just the start of an era? As more time passed, more and more alternatives for traditional banking arose, changing the scenario forever. Not to mention the lack of …

dollar sign
FinTech Trends

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, …

Through the Eyes of Fintech CXOs
FinTech Trends

Top Five Questions Asked by Fintech CXO in 2018 review

As per Venture scanner data, Deloitte Centre for Financial Services analysis, during 2008-[Sept]2017 1498 companies were founded under Banking and Capital markets category. While other classes like investment management [313], Insurance [ 905],and  Real Estate [1022] made a mark,but Banking and Capital markets lead the way. Ever wondered what the …

Bank - FinTech Merger
FinTech Trends
1

Bank – FinTech Merger 
Importance and repercussions

The financial services industry has entered 2018 with a focus on digitizing services to better meet customers’ needs. But do the banks understand that previously inefficient, paper-based processes and messy ‘not so friendly’ user interfaces are no longer going to be good enough in today’s technologically advanced environment? Banks are …

Open Source Software
FinTech Trends

Open Source Software – Adoption, Initiatives, Value Proposition, Risks, Impact

Have you read the book written by Eric S. Raymond “The Cathedral and the Bazaar abbreviated as CatB” on software engineering methods?It’s an interesting piece where the author is differentiating between the two kinds of software development. One is the building a cathedral referred to the closed-source development that has central …

Blockchain could bring in financial inclusion
FinTech Trends

Could Blockchain Bring in Financial Inclusion?

Living in an Urban city I never had issues in spending money be it cash or electronically. But when India was under the spell of Demonetization, despite having sufficient funds in my account I was not able spend them for one simple reason that – the vendors, vegetable sellers or …

FinTech Trends

Why Fintech B2C and B2B solutions are more in vogue in Asia?

Preamble The global Fintech trends show an investment of £25.6bn in 2015 rising to £27bn by 2016. The global Fintech investments doubled in the period ending Q2 ’17 and reached $8.4billion. Similarly, in the period ending Q4 ’17, the figure was $8.7billion across 307 deals with annual global Fintech investment …

Teknospire goes Omni-Channel
FinTech Trends

We are Omni-channel

Teknospire goes Omni-Channel

Open Banking/PSD2 Use Cases
FinTech Trends

Open Banking/PSD2 is all set to shake the financial services industry in 2018

Time and again we have positively accepted #Open creativities… be it when Philosophers guided us to have an open mind, Human resource [HR] representatives insisting on Open Communication or the new education system that does not mind in conducting open book test. Being #Open has helped, and this novice initiative …

cashless society
FinTech Trends

Going cashless – Pluses and more +++

Cashless is no longer a scary word now. It is astounding to see how it has defined the new ways of payment paving the way to cashless economy.